Just 4days ago, the news of Alibaba, Chinas biggest e-commerce company raising $38.4 billion in Singles’ Day Sales broke out.
Note! This wright-up is not centered on Alibaba or Jack Ma (Alibaba Co-founder) but on ecommerce and creativity.
For instance, how does one explain the wealth of Mark Zuckerberg, the owner of ‘facebook’ which was invented in 2004 compared to the wealth of Aliko Dangote who had been in business since 1977.
Today, the former is worth $73.6 billion and he is just 35 years old, while the latter is worth $8.8 billion and he is 62 years old.
This is just one of the many examples of the paradigm shift in the way wealth is being created and how business is being done in the modern era.
Today’s wealth is not necessarily a function of physical agility, ability or prowess, but more of technological innovation and creativity.