Chinese internet entrepreneur Ma Huateng also known as Pony Ma, has an estimated net worth of $24.3 billion as of 2017, according to Forbes. This rose to an estimated $32.1 billion as of October 2018.
Ma Huateng is the founder and Chairman of Tencent Inc., a Chinese investment company with interest in internet, media, entertainment, mobile phone services and online advertising services.
Ma was born on October 29 1971 in Chaoyang District, Shantou, Guangdong, China. He is an alma mater of Shenzhen University. He gained a computer science degree from the university in 1993. He has made very good use of this degree. Ma is married.
Ma Huateng co-founded Tencent in 1998. The firm’s first product was an IM tool called Tencent QQ. It became very popular in China. Many people called it China’s answer to AOL. Ma successfully turned this internet company into a giant on the back of profits earned from online games. He offered them alongside free services like messaging. Today Tencent Inc is one of the largest internet companies in China.
Tencent’s WeChat mobile texting service has more than 550 million users. All of them are introduced to Tencent’s revenue-generating offerings. Tencent has stakes in logistics company Chine South Sea and ecommerce company JD. This is to help the company make more inroads in ecommerce.
Time magazine called Ma Huateng one of the most influential people in the world in the years 2007 and 2014.