Here's what billionaire Jack Ma will do after retiring from Alibaba

The former English teacher remains the public face of a company with a market value of more than $400 billion and interests spanning e-commerce and Hollywood film production

Jack Ma, China’s richest man, is laying the groundwork for a future away from Alibaba Group Holding Ltd., the company he co-founded and turned into an e-commerce juggernaut.

In an interview with Bloomberg TV, the Alibaba chairman said he is dedicating more of his time and fortune to philanthropy with the creation of a foundation in his own name focused on education, following in the footsteps of fellow billionaire Bill Gates. Ma, who turns 54 on Monday, has a net worth of more than $40 billion according to the Bloomberg Billionaires Index.

While Ma sees himself as an accidental executive