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Jack Ma gives a speech at the University of Newcastle, Australia. Photo: IC
Jack Ma, founder and executive chairman of the Alibaba Group, on Friday donated $20 million to Australia's University of Newcastle (UON)and founded a scholarship program through his charity the Jack Ma Foundation, in a show of gratitude for the support he was given by a local 32 years ago.
The scholarship program, which the university has called "the largest philanthropic commitment in UON's history," is named after Jack Ma himself and a old pen pal of his - Newcastle resident Ken Morley.
Ma was quoted as saying by a Qianjiang Evening News report on Saturday that the scholarship will fund those who want to experience the world and think about it.
According to a statement released on the UON's official website on Friday, when Ma was a teenager, he met Ken Morley while Morley and his family were on a tour in Mr Ma's hometown of Hangzhou, East China's Zhejiang Provincewith the Australia-China Friendship Society .
Morley went on to become a highly influential figure in Ma's life, instilling core values and a global perspective that positively impacted Ma's future and contributed to his personal success, said the statement. Ma and Morley remained close friends until Morley's death in 2004.
"For an unknown reason, I was lucky enough to make it. I have been wanting to do something for the UON, for Ken used to talk about it all the time," Ma said.
"I want to be just like Ken, staying ready to help strangers, to help some young fellow he met in the street," Ma continued.
Opened my eyes
In 1980, 16-year-old Ma met and became pen pals with David, Morley 's son.
Morley invited Ma to visit Australia in a 1985 letter.
The UON website statement quoted Ma as saying that "I am very thankful for Australia and the time I spent there in my youth. The culture, the landscape and most importantly its people had a profoundly positive impact on my view of the world at that time."
"To honour the experi.
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