| Net Worth: | $36 Billion |
|---|---|
| Date of Birth: | October 29, 1971 (53 years old) |
| Gender: | Male |
| Profession: | Businessperson |
| Nationality: | China |
What is Ma Huateng’s net worth? How does Ma Huateng make his money? Below is the current net worth of Ma Huateng and how Ma Huateng makes his money.
What is Ma Huateng’s Net Worth?
Pony Ma Huateng is a Chinese internet entrepreneur who has a net worth of $36 billion. Ma Huateng, most popularly known by his moniker “Pony,” is the founder, president, CEO, and executive board member of Tencent Holdings, Limited. Tencent is one of China’s largest telecommunications companies. His work at Tencent has placed him among the wealthiest people on the globe.
Early Life
On 29 October 1971, Huateng was born in Chaoyang, Guangdong province, he went to Shenzhen University and graduated with a degree from Computer Science Department. Later in 1993, Ma Huateng received a Bachelor of Science Degree in software engineering.
Career
Tencent was established in 1998 by Ma and four of his friends. In 1999, Â the company launched Tencent QQ, which speedily became well-known in China and helped raised the company’s status and wealth. Tencent rose rapidly into China’s largest instant communication service network. Tencent employed more workforce as it grew, and Ma was ultimately named chief executive officer, on the executive board.
In 2005, Ma Huateng in numeration was rated as the 68 wealthiest person in China. Subsequently, Time Magazine acknowledged him for his immense and significant impact on China’s economic and industrial landscape. Though Tencent has remained popular, its value has plummeted drastically over the years. He is currently the Chairman of Tencent.
Net Worth Details
Pony Ma owns 7.7 percent of Tencent Holdings, the provider of China’s largest instant-messaging service. Advanced-Data Services manages his stake. In 2016, Ma Huateng made a donation of $2.3 billion in Tencent shares to a charity foundation.
He owns $150 million in Hong Kong real estate, as well as a painting bought at a fundraising event in 2013. Tencent Holdings generated $16.4 billion in revenue in 2016.
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