He reportedly earned $176 per month. Simultaneously, he also kept toying with the idea of starting his own company and got in touch with four of his college classmates to make his business dreams come true. Ma completed his remaining schooling from there and found a keen interest in computer technologies. View Ma Huateng's business profile as Co-Founder, Chairman & Chief Executive Officer at Tencent. The Chinese billionaire has black eyes and hair. "[34], Ma Huateng's wealth comes from the 9.7 percent stake in Tencent Holdings. 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 conglomerate in the world. He studied at Shenzhen University in 1989 and then graduated in 1993 with a Bachelor of Science in computer science. Ma Huateng (Chinese: 马化腾; pinyin: Mǎ Huàténg, born on October 29, 1971), also known as Pony Ma,[2] is a Chinese business magnate, investor and philanthropist. ‘Tencent Games,’ a ‘Tencent’ division, works toward the development of video games under ‘Tencent Interactive Entertainment.’ Founded in 2003, ‘Tencent Games’ became the biggest video-game company in the world by 2018. As of 2019, Ma Huateng’s net worth is estimated at $42 billion. Ma Huateng Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. [27] After the company raised $200 million in June's IPO, Ma quickly became one of the richest people in China's telecom industry. [39] He believes in the maxim: "Ideas are not important in China – execution is. Ma Huateng is a Chinese business-man, investor, politician, philanthropist, engineer, internet, and technology entrepreneur. When Ma’s father, Ma Chenshu, got a job as a port manager in Shenzhen, Ma, accompanied him at a very early age. It strengthened the company’s influence. Ma leads an extremely simple personal life and does not like to interact with the media. 111, "Tencent's Pony Ma is Asian tech spaces' new Warren Buffett", "Internet mogul Pony Ma named most generous Chinese philanthropist", "Tencent Rally Adds Billions to Chairman's Philanthropy Pile, Highlights China Influence", "China Billionaire Horse Race: Tencent's Ma Huateng Is Asia's Richest Again", "Asia's Tech Scene Gets a New Warren Buffett", "After Alibaba Holdings, Tencent makes first investment in Indian firm", "Asia's Richest Man Jack Ma Has Become Much Wealthier This Year - See The Number", "Tencent Chief Overtakes Wanda's Wang as China's Second-Richest Person", "Ma Huateng became one of the top 10 richest men in the world, surpassing Larry Page and Sergey Brin", "Tencent's Ma Huateng is China's second-richest man on WeChat mania", "Pony Ma - Founder, Executive Director & CEO @ Tencent Holdings | CrunchBase", "Tencent's Ma becomes China's second-richest man", "Tencent: The Secretive, Chinese Tech Giant That Can Rival Facebook and Amazon", "Pony Ma Biography - life, family, name, young, born, time, year, Career, Sidelights - Newsmakers Cumulation", "Language Log » A New Morpheme in Mandarin", "Tech in Asia - Connecting Asia's startup ecosystem", "Internet Users In Malaysia Are More Active On WhatsApp And Facebook Than Those In US, UK And China [REPORT]", "What are the next big things in the world of high technology? It became the largest instant-messaging service provider by 2004, with a 74% stake in the Chinese market. Ma met his wife through QQ, which was developed by his firm. As of 2015[update], WeChat (微信, Weixin), is the largest instant messaging platform in the world, used by 48 percent of Internet users in the Asia-Pacific region. Ma Huateng is the chairman, founder, and CEO of Tencent. [10] Ma is a deputy to the Shenzhen Municipal People's Congress and a delegate in the 12th National People's Congress. Despite the company not performing as good (because ‘OICQ’ was offered free of charge), the product was an immediate hit with the Chinese people. [31] With the pager market declining, Ma improved the messaging platform by allowing QQ users to send messages to mobile handsets.