Ma Huateng Net Worth

What is Ma Huateng Net Worth?

Ma Huateng Net Worth is US$ 37,200 Million as of January 2023.

Biography

Ma Huateng is a famous Chinese businessman and billionaire. He was born in Guangdong, China. He is the co-founder of Tencent Holdings Ltd and Chairman as well as CEO of the company. Ma Huateng hold around 7.4% stake in the company. Tencent Holdings Ltd is a multinational technology and entertainment company established in 1998. The company is headquartered in Shenzhen, China. Ma Huateng is the 34^th wealthiest person in the world and the 4^th wealthiest person in China as of 2022. He is also known as Pony Ma. He has an estimated net worth of US$ 37,200 Mn as of 2022.

Timeline

Early Life

Ma Huateng was born in Guangdong, China, on October 29, 1971. His father worked as a port manager. In 1993, he received a Bachelor of Science in Computer and Applied Engineering from Shenzhen University. Ma Huateng started his career by working at China Motion Telecom Development. He co-founded his first company Tencent Holdings Ltd. in 1998.

Career

After working at China Motion Telecom Development he worked at the Shenzhen Runxun Communications Co. Ltd. Ma Huateng co-founded his first company Tencent Holdings Ltd., along with his four classmates in 1998. The company launched an instant messaging service, “OICQ,” in 1999, which became popular in China. The company’s instant messaging service software “OICQ” was later renamed Tencent QQ in 2000. Tencent Holdings Ltd. was listed on the Hong Kong Stock Exchange in 2004. In the same year, the company launched its gaming platform. The company also launched a C2C platform named Paipai in 2005.

In 2007, Ma Huateng was named among the “World’s Most Influential People” by Time Magazine. Later in 2011, the company launched WeChat, the largest instant messaging platform globally. After that, the company also launched various games.

Ma Huateng was again named among the “World’s Most Influential People” by Time Magazine in 2014. Forbes also named him among the “World’s Most Powerful People” in 2015. The same year, the company announced the launching of an internet hospital to provide medical services. Later in 2016, Ma Huateng transferred his shares of Tencent Holdings Ltd of US$ 2,300 Million to his charitable foundation, Ma Huateng Global Foundation. Fortune Magazine ranked Ma Huateng among the “Top Businessmen of the Year” in 2017. Later, in 2018, he was again named among the “World’s Most Influential People” by Time Magazine.

Ma Huateng Net Worth Growth

Ma Huateng has an estimated net worth of US$ 37,200 Million. Ma Huateng’s net worth has increased by US$ 12,300 Million compared to 2017. Ma Huateng’s net worth peaked in 2021 at US$ 65,800 Million but later declined in 2022 by reaching US$ 37,200 Million.

Highlights

• Ma Huateng started his career by working at China Motion Telecom Development
• Ma Huateng co-founded his first company Tencent Holdings Ltd in 1998
• Ma Huateng transferred his shares of Tencent Holdings Ltd of US$ 2,300 Million to his charitable foundation, Ma Huateng Global Foundation in 2016

Favorite Quotes from Ma Huateng

“Wealth won’t give you satisfaction; creating a good product that’s well received by users is what matters most.” 

– Ma Huateng 

“If you ask me what I worry about every morning when I wake up, it’s that I don’t understand future mainstream Internet users’ habits.” 

– Ma Huateng

“The leader of the market today may not necessarily be the leader tomorrow.”

– Ma Huateng

“You need to have extraordinary wisdom to be the forerunner.”

– Ma Huateng

“My biggest crisis is that I don’t understand what young people like.”

– Ma Huateng

Keys Life Lessons from Ma Huateng

We now know everything about Ma Huateng and his net worth. Let’s look at some of his lessons.

1. Understand Customer Behaviour

We should understand the behavior of customers in business

2. Plan for Future

One should be ready with the plans for future

3. Contribute to the Society

We should contribute to society

Frequently Asked Questions

Summary

Ma Huateng is a famous Chinese businessman and billionaire. He is the Chairman and CEO of Tencent Holdings Ltd. Ma Huateng and his 4 classmates founded the company in 1998. Ma Huateng was born in Guangdong, China, on October 29, 1971. He is the 34^th wealthiest person in the world and the 4^th wealthiest person in China as of 2022. He holds a Bachelor of Science degree in Computer and Applied Engineering. Ma Huateng has an estimated net worth of US$ 37,200 Mn as of 2022.

What do you think about Ma Huateng’s net worth? Leave a comment below.