Ma Huateng vs Jack Ma

Ma Huateng’s profile picture
Jack Ma’s profile picture
Chairman and CEO, Tencent Holdings
Founder and Executive Chairman, Alibaba Group
$48.05 Billion
Net worth 2018
$40.6 Billion
Technology
Industry
Technology
Shenzhen, China
Residence
Hangzhou
China
Country
China
29/10/1971
BirthDay
10/09/1964
Bachelor of Arts / Science, Shenzhen University
Education
Bachelor of Arts / Science, Hangzhou Teacher's Institute
NET WORTH STATISTIC
TIMELINE
2018

As of January 2018, he is China's richest man, and the 14th wealthiest in the world, with a net worth of US$52

2017

On 21 November 2017, he surpassed both Larry Page and Sergey Brin to become the ninth richest man in the world, and the first Chinese to enter Forbes' top 10 richest men list

2016

In 2016, Ma transferred $2 billion worth of Tencent shares, to his charitable foundation

2015

In December 2015, Ma Huateng announced that Tencent will build an "internet hospital" set up in Wuzhen that will provide long-distance diagnoses and medicine delivery

2012

According to the official Tencent website, Ma is a deputy to the 5th Shenzhen Municipal People’s Congress and serves in the 12th National People’s Congress

2011

After two months, one team presented an app for text messaging and group chat – Weixin – which launched in January 2011

2010

Mimicking Bill Gates’ Microsoft, Ma Huateng created two competing teams of engineers in 2010 and charged them with creating a new product

2009

Talking about the founding of Tencent, he told China Daily in a 2009 interview that “If I have seen further, it is by standing on the shoulders of giants,” paraphrasing a quote attributed to Isaac Newton and referencing the similarities between ICQ and OICQ

2007

In 2007 and 2014 Time magazine called him one of the world's most influential people, while in 2015, Forbes credited him as one of the world's most powerful people

2005

At Ma’s behest, Tencent launched in 2005 the C2C platform Paipai

2004

In 2004, Tencent launched an online gaming platform and started selling virtual goods to support the games published on that platform (weapons, gaming power), as well as emoticons and ringtones

2000

In December 2000, in order to stave off other costly lawsuit, Ma changed the name of the software to QQ (with "Q" and "QQ" used to stand for the word "cute")After the AOL lawsuit, Ma Huateng decided to expand the business portfolio of Tencent

1999

The product quickly became popular and garnered more than a million registered users by the end of 1999, making it one of the largest such services in China

1998

After AOL (America Online) bought ICQ in 1998, the company filed a lawsuit against Tencent with the National Arbitration Forum in the United States, claiming that QICQ’s domain names QICQ

1996

The company’s first product came after Ma participated in a presentation for ICQ, the world’s first Internet instant messaging service, founded in 1996 by an Israeli company

1989

He was enrolled in Shenzhen University in 1989 and then graduated in 1993 with a Bachelor of Science in computer science

1971

Ma Huateng (Chinese: 马化腾; pinyin: Mǎ Huàténg, born on October 29, 1971), also known as Pony Ma, is a Chinese business magnate, investor, philanthropist, engineer, internet and technology entrepreneur

2018

In the same year, he has also participated in singing festival, as well as performing bizarre dances during Alibaba’s 18th anniversary party, showcasing his entertainment value

2016

As of 2016, Ma is the owner of Château de Sours in Bordeaux, Chateau Guerry in Côtes de Bourg and Château Perenne in Blaye, Côtes de Bordeaux

2015

"In 2015, Ma made his first purchase of conservation land outside China when he bought a 28,100-acre property named Brandon Park in Paul Smiths, New York, in Adirondack Park for $23 million

2014

In 2014, he was ranked as the 30th most powerful person in the world in an annual ranking published by Forbes

2013

In 2013, he became chairman of the board for The Nature Conservancy's China Program; this was one day after he stepped down from Alibaba as company CEO

2012

In November 2012, Alibaba's online transaction volume exceeded one trillion yuan

2011

The ownership dispute was resolved by Alibaba Group, Yahoo! and Softbank in July 2011

2010

com in May 2010, Ma announced Alibaba Group would begin in 2010 to earmark 0

2007

In 2007, in response to worldwide criticism of the practice of killing sharks for their fins, Ma announced that he and his family had "sworn off shark fin soup now and forever

2006

He later enrolled at Beijing-based Cheung Kong Graduate School of Business (CKGSB) and graduated in 2006

2005

In Sep 2005, World Economic Forum selected Ma as a "Young Global Leader"

2004

In 2004, China Central Television and its viewers selected Ma as one of the "Top 10 Business Leaders of the Year"

2003

Ma wanted to improve the global e-commerce system and from 2003 he founded Taobao Marketplace, Alipay, Ali Mama and Lynx

1999

In October 1999 and January 2000, Alibaba twice won a total of a $25 million foreign venture capital investment

1998

)From 1998 to 1999, Ma headed an information technology company established by the China International Electronic Commerce Center, a department of the Ministry of Foreign Trade and Economic Cooperation

1995

In April 1995, Ma, his wife, and a friend raised USD 20,000 and started their first company

1988

After that, Ma attended Hangzhou Teacher's Institute (currently known as Hangzhou Normal University) and graduated in 1988 with a B

1980

They married shortly after graduating in the late 1980s

1964

2Ma Yun (Chinese: 马云, [mà y̌n]; born September 10, 1964), known professionally as Jack Ma, is a Chinese business magnate, philanthropist, internet and technology entrepreneur, who is the founder and executive chairman of Alibaba Group, a conglomerate of Internet-based businesses

1688

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