Joseph Tsai is a Taiwanese-Canadian billionaire businessman and investor. He is the co-founder and executive vice chairman of the Chinese e-commerce giant Alibaba Group.
Joseph Tsai is a Taiwanese-Canadian billionaire businessman and investor. He is the co-founder and executive vice chairman of the Chinese e-commerce giant Alibaba Group. Tsai is also the owner of the Brooklyn Nets of the National Basketball Association (NBA).
Tsai was born in Taipei, Taiwan in 1964. He attended the University of Toronto, where he earned a Bachelor of Arts degree in economics in 1987. He then went on to earn a law degree from Yale Law School in 1990. After graduating, Tsai worked as a corporate lawyer in New York City.
In 1999, Tsai joined the founding team of Alibaba Group, a Chinese e-commerce company founded by Jack Ma. Tsai was instrumental in helping the company grow and expand into a global powerhouse. He was appointed executive vice chairman in 2013 and has since been responsible for the company’s international expansion.
In 2019, Tsai became the owner of the Brooklyn Nets of the NBA. He purchased a 49% stake in the team for $1 billion, making him the first Asian-born owner of an NBA team. He later purchased the remaining 51% stake in the team for an additional $1.35 billion.
Tsai is also an active philanthropist. He has donated millions of dollars to various causes, including education, healthcare, and disaster relief. He is also a major supporter of the arts, having donated to the Metropolitan Museum of Art and the Museum of Modern Art in New York City.
Tsai is one of the most successful and influential businessmen in the world. He has helped shape the global e-commerce landscape and has become a major force in the NBA. His success and influence have made him one of the most respected and admired business leaders in the world.