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Ma Huateng: Founder of Tencent

Ma Huateng-Founder of Tencent

 

Ma Huateng (born on October 29, 1971), also known as Pony Mais a Chinese business magnate, investor, philanthropist, engineer, internet and technology entrepreneur. He is the founder, chairman and chief executive officer of Tencent, Asia’s most valuable company, one of the largest Internet and technology companies, and the biggest investment, gaming and entertainment conglomerates in the world. The company controls China’s biggest mobile instant messaging service and its subsidiaries provide media, entertainment, payment systems, smartphones, internet-related services, value-added services and online advertising services, both in China and globally.

In 2007, 2014, and 2018, 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. In 2017, Fortune ranked him as among the top businessmen of the year. In 2018, he was named one of the “Most Powerful People In The World” by the CEOWORLD magazine. Ma is a deputy to the Shenzhen Municipal People’s Congress and in the 12th National People’s Congress.

Being one of “Fortune world’s greatest leaders”, Ma is known for his low profile entrepreneur style as compared to Jack Ma’s outgoing personality, Ma has been closely compared to Warren Buffett for their similarity in investments, and often described as an “aggressive acquisitor”.

As of March 2018, he is China’s richest man, and the 14th wealthiest in the world, with a net worth of US$51.1 billion. 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.

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