Jack Ma's extraordinary $26m gift to the University of Newcastle | photos, video

By Scott Bevan
Updated February 4 2017 - 9:30am, first published 8:30am
JACK'S GIFT: Chinese billionaire Jack Ma announces his donation to the University of Newcastle at The Conservatorium on Friday night. Picture: Jonathan Carroll
JACK'S GIFT: Chinese billionaire Jack Ma announces his donation to the University of Newcastle at The Conservatorium on Friday night. Picture: Jonathan Carroll

The Chinese have a saying that when you drink water, think of its source. In other words, never forget your roots. Jack Ma, the Chinese founder of the internet giant Alibaba, has turned those words into an enormous gesture, donating more than $26 million to the University of Newcastle.

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