Net Worth & Profile
Ma Huateng Biography and Net Worth
Ma Huateng is a highly wealthy businessman. He co-founded and currently leads Tencent, one of the biggest businesses in Asia.
Who is Ma Huateng?
Ma Huateng is a highly wealthy businessman. He co-founded and currently leads Tencent, one of the biggest businesses in Asia. It is among the largest groups in the world for investing, gaming, and entertainment.
Bio Data
| Name | Ma Huateng |
| Gender | Male |
| Date of Birth | Oct 29, 1971Â |
| Age | 51 years old |
| Place of Birth | Chaoyang |
| Profession | Businessperson |
| Nationality | China |
| Net worth | $38 Billion |
Biography
Ma Huateng was born in Chaoyang, Shantou, Guangdong, China on October 29, 1971. Ma frequently accompanied his father, who oversaw a port in Shenzhen. In 1993, Huateng graduated from Shenzhen University with a Bachelor of Science in engineering and computer science.
Career
Ma Huateng, after finishing his studies, found a job at China Motion Telecom Development. Despite working on pager software, his pay was modest. Later, he focused on research and development at Shenzhen Runxun Communications Co.
In 1998, Ma and four friends established Tencent, a significant player in global technology. They create products to enhance lives worldwide. Ma is responsible for the company’s strategy and management, as per Tencent’s website.
In 1999, they launched OICQ, inspired by Ma’s work with ICQ. It gained immense popularity in China, greatly boosting the company’s success. Soon, it became China’s largest communication network.
Tencent’s team grew, and Ma eventually became CEO, executive board member, and chairman. It gained fame for its instant messaging and popular games like “League of Legends.” Often likened to “the Chinese AOL,” it now includes social networks, web portals, and e-commerce.
AOL’s acquisition of ICQ led to a complaint against Tencent, prompting a name change to QQ in 2000. In 2000, Pacific Century CyberWorks and IDC acquired 40% of Tencent for $2.2 million.
In 2004, Tencent added an online gaming platform to sell virtual goods. The following year, they launched the C2C platform, Paipai.com.
In 2010, Ma assembled two engineering teams, creating WeChat, the world’s largest instant messaging platform. In 2015, he unveiled plans for an “internet hospital” in Wuzhen, offering long-distance diagnoses and medication delivery.
Net Worth
Ma Huateng is a Chinese internet magnate and has an estimated net worth of $38 billion. He established and manages Tencent Holdings, a significant Chinese telecom business, and also serves on its executive board.
Personal Life and Marital Status
Ma is married to Wang Dan-Ting his wife and they have a daughter named Ma Manlin. He participated in both the 12th National People’s Congress and the 5th Municipal People’s Congress of Shenzhen.
At a tech conference in Singapore, Ma emphasized the importance of responsible internet management while highlighting information security.
FAQs:
Q: Who is Ma Huateng?
A: Ma Huateng, also called Pony Ma, is a successful Chinese entrepreneur. He started Tencent, a big tech company.
Q: What is Tencent?
A: Tencent is a major tech company in China. They offer services like social media, games, online shopping, and ads. You might know WeChat and QQ, which are their popular platforms.
Q: What did Ma Huateng achieve?
A: Ma Huateng is a big name in the tech world. He made Tencent one of the world’s top tech companies. Many people around the world use Tencent’s products and services. As of my last update in September 2021, they’re a big deal!