Ma Huateng’s profile picture

Ma Huateng

Chairman and CEO, Tencent Holdings
Ma Huateng’s profile picture
Net worth 2018: $48.05 Billion
Industry: Technology
Residence: Shenzhen, China
Country: China
BirthDay: 29 October 1971
Sigh: Scorpio
Education: Bachelor of Arts / Science, Shenzhen University

Ma Huateng was bornon 29 October 1971 in Shenzhen, China, China, is Chairman and CEO, Tencent Holdings. Ma Huateng is #14 in List Billionaires People In The World. Ma chairs Tencent Holdings, the China Internet giant that ranks among the country's largest businesses by market captilization. Tencent's popular WeChat messaging app has more than 960 million users. In contrast to his outgoing rival at Alibaba, Ma Huateng has a low-profile style that befits his engineering background. Tencent Holdings acquired a 12% stake in Snapchat-parent Snap, according to a November 2017 filing by Snap; it also made a pre-IPO investment in Snap.


$1.4 Billion


$3.6 Billion


$5 Billion


$4.7 Billion


$6.8 Billion


$13.4 Billion


$17.9 Billion


$22 Billion


$24.9 Billion


$48.05 Billion


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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

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