Yes, Joe Tsai is a billionaire. He has an estimated net worth of US$8.1 billion.
The Taiwanese-Canadian billionaire Joe Tsai is still with the global Internet technology company, Alibaba.
Joe Tsai joined the company in 1999 as a member of the Alibaba founding team and has served on the board of directors since its inception.
He was a chief financial officer until 2013 and is currently the executive vice chairman.
Before co-founding Alibaba Group, Tsai practiced tax law as an associate with Sullivan & Cromwell LLP and worked for Investor AB of Sweden’s Wallenberg family.
Joseph Tsai / Photo Credit: Getty Images
Tsai is the owner of the NBA’s Brooklyn Nets. Besides the Nets, he owns the WNBA’s New York Liberty, the San Diego Seals lacrosse team and the Barclays Center, where the Nets play their home games.
Tsai is also an investor in Premier Lacrosse League and Los Angeles FC of Major League Soccer.
Joe Tsai and his wife Clara Wu Tsai are co-founders of the Joe and Clara Tsai Foundation.
He and Clara Wu have three children; daughter, Alex Tsai and sons, Dash Tsai and Jacob Tsai.
