Ma Huateng

Ma Huateng
  • 50% Off Select Filtration Systems at Aquasana

  • Born October 29, 1971 (age 46)
    Chaoyang District, Shantou, Guangdong, China
    Residence Shenzhen
    Nationality Chinese
    Alma mater Shenzhen University
    Occupation Founder, Chairman and CEO of Tencent
    Net worth  US$52.5 billion

     Ma Huateng born on October 29, 1971, also known as Pony Ma, is 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 conglomerate 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 and 2014 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.  Ma is a deputy to the Shenzhen Municipal People’s Congress and served in the 12th National People’s Congress.

    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 January 2018, he is China’s richest man, and the 14th wealthiest in the world, with a net worth of US$52.5 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.

    Early life and education

    Ma was born in Chaoyang District, Shantou, Guangdong. When his father, Ma Chenshu, got a job as a port manager in Shenzhen, near Hong Kong, the young Ma accompanied him. He was enrolled in Shenzhen University in 1989 and then graduated in 1993 with a Bachelor of Science in computer science.


    Founding of Tencent and early career

    Ma’s first job was with China Motion Telecom Development, a supplier of telecommunications services and products, where he was in charge of developing software for pagers. He reportedly earned $176 per month.  He also worked for Shenzhen Runxun Communications Co. Ltd. in the research and development department for Internet calling services.

    Alongside four other classmates, Ma Huateng went on to co-found Tencent in 1998. The company’s first product came after Ma participated in a presentation for ICQ, the world’s first Internet instant messaging service, founded in 1996 by an Israeli company.  Inspired by the idea, Ma and his team launched in February 1999 a similar software, with a Chinese interface and a slightly different name – OICQ (or, Open ICQ).The product quickly became popular and garnered more than a million registered users by the end of 1999, making it one of the largest such services in China.

    Talking about the founding of Tencent, he told China Daily in a 2009 interview that “If I have seen further, it is by standing on the shoulders of giants,” paraphrasing a quote attributed to Isaac Newton and referencing the similarities between ICQ and OICQ. “We knew our product had a future, but at that time we just couldn’t afford it,” Ma remembered. In order to solve the problem, Ma asked for bank loans and even talked about selling the company.

    Since Tencent’s prized service OICQ was offered free of charge, the company looked to venture capitalists to finance its growing operational costs. In 2000, Ma turned to US investment firm IDC and Hong Kong’s telecom carrier Pacific Century CyberWorks (PCCW) who bought 40% of Tencent’s shares for $2.2 million.With the pager market declining, Ma improved the messaging platform by allowing QQ users to send messages to mobile handsets. Afterwards, 80% of the company’s revenue came from deals struck with telecom operators who agreed to share message fees.

    AOL lawsuit and business expansion

    After AOL (America Online) bought ICQ in 1998, the company filed a lawsuit against Tencent with the National Arbitration Forum in the United States, claiming that QICQ’s domain names and were in violation of ICQ’s intellectual property rights. Tencent lost and had to shut down the websites. In December 2000, in order to stave off other costly lawsuit, Ma changed the name of the software to QQ (with “Q” and “QQ” used to stand for the word “cute”)

    After the AOL lawsuit, Ma Huateng decided to expand the business portfolio of Tencent. In 2003, Tencent released its own portal ( and made forays into the online games market. By 2004, Tencent became the largest Chinese instant messaging service (holding 74% of the market),  prompting Ma to list the company on the Hong Kong Stock Exchange. After the company raised $200 million in June’s IPO, Ma quickly became one of the richest people in China’s telecom industry.

    In 2004, Tencent launched an online gaming platform and started selling virtual goods to support the games published on that platform (weapons, gaming power), as well as emoticons and ringtones.

    At Ma’s behest, Tencent launched in 2005 the C2C platform, a direct competitor to e-ecommerce giant Alibaba.

    Mimicking Bill Gates’ Microsoft, Ma Huateng created two competing teams of engineers in 2010 and charged them with creating a new product. After two months, one team presented an app for text messaging and group chat – Weixin – which launched in January 2011. In 2015, Weixin (or WeChat in English), is the largest instant messaging platform in the world, used by 48% of all Internet users.

    Other diverse services provided by Tencent include web portals, e-commerce, and multiplayer online games.[8] Online games such as Legend of Yulong and Legend of Xuanyuan boosted revenue by more than half, up to US$ 5.1 billion, with a US$ 1.5 billion profit margin.[7]

    In December 2015, Ma Huateng announced that Tencent will build an “internet hospital” set up in Wuzhen that will provide long-distance diagnoses and medicine delivery.


    According to the official Tencent website, Ma is a deputy to the 5th Shenzhen Municipal People’s Congress and serves in the 12th National People’s Congress.

    Because of Tencent’s dominance of the social network and instant messaging markets in China, Ma Huateng’ relationship with the Chinese Communist Party has repeatedly come under scrutiny. Speaking of censorship at a tech conference in Singapore, Ma was quoted as saying “Lots of people think they can speak out and that they can be irresponsible. I think that’s wrong […] We are a great supporter of the government in terms of the information security. We try to have a better management and control of the Internet”

    Personal life

    Ma uses the nickname Pony, derived from the English translation of his family name, which means “horse.” Ma Huateng seldom appears in the media and is known for his secretive lifestyle. He believes in the maxim: “Ideas are not important in China – execution is.”

    Ma Huateng’s wealth comes from the 9.7% stake in Tencent Holdings. He reportedly owns property in Hong Kong and art pieces worth $150 million.He owns a redeveloped palatial residence of 19,600 sq ft in Hong Kong.

    In 2016, Ma transferred $2 billion worth of Tencent shares, to his charitable foundation. However Forbes has not decreased his net worth as the shares are still listed under his name.

  • Magic Cabin

  • Previous Coptic Hospital
    Next Climate change - we have an opportunity to save the planet


    1. July 11, 2018

      I appreciate, cause I found exactly what I was looking for. You’ve ended my 4 day long hunt! God Bless you man. Have a nice day. Bye

    2. July 13, 2018

      Thanks for some other magnificent post. Where else could anyone get that kind of info in such a perfect approach of writing? I’ve a presentation subsequent week, and I’m on the search for such info.

    3. July 26, 2018

      Link exchange is nothing else except it is simply placing the other person’s website link on your page
      at appropriate place and other person will also do same in favor of you.

    4. I added a new list. As you’ll see it’s bigger than most of them. I hope you all have had a great week!

    5. August 14, 2018

      Hi there! This post couldn’t be written any better! Looking at this post reminds me of my previous roommate!

      He always kept talking about this. I most certainly will send this article to him.

      Pretty sure he’ll have a very good read. Thank you for sharing!

    6. August 14, 2018

      Terrific work! That is the kind of info that are supposed to be shared across the web.

      Disgrace on Google for now not positioning this post higher!
      Come on over and consult with my web site . Thanks =)

    7. August 14, 2018

      If some one wants to be updated with most up-to-date technologies afterward he must be go to see this web site
      and be up to date all the time.

    8. I simply couldn’t depart your site prior
      to suggesting that I actually loved the standard info a person supply for your
      visitors? Is going to be again steadily in order to investigate cross-check new

    9. August 16, 2018

      Hi there to every body, it’s my first pay a quick visit of this webpage; this blog consists of amazing and
      actually good stuff designed for readers.

    10. August 16, 2018

      Peculiar article, just what I wanted to find.

    11. August 17, 2018

      Heya i am for the primary time here. I came across this board and I
      to find It truly useful & it helped me out much. I
      am hoping to provide something bwck annd help others such as you helped me.

    12. August 18, 2018

      Wow, this post is pleasant, my sister is analyzing ssuch
      things, thuss I am going to tell her.

    13. August 19, 2018

      Excellent website. Plenty of helpful info here. I am sending it to a few buddies ans also sharing in delicious.

      And obviously, thank you on your effort!

    14. Amazing blog! Is your theme custom made or did you download itt frim somewhere?
      A theme like yours with a few simple twreks would really mak my blog
      jump out. Please lett me know where you got your theme.
      Bless you

    15. I loved as much as you will receive carried out right here.
      Thee sketch is attractive, your authored subjeect matter stylish.
      nonetheless, you command get bought an hakiness over thatt you wish bee delivering the following.

      unwell unquestionably come further formerly
      again as exactly the same nearly a loot often inside case you shierld thjis increase.

    16. August 22, 2018

      Hello everyone, it’s my first visit at thgis site, and piece of writing iss in fact fruitful designed for me, keep up posting these types of content.

    17. August 22, 2018

      I do not even know hoow I endwd up here, but I thought this post
      was good. I do not know who you are but certainly you’re going too a
      famous blogger iif you aren’t already 😉 Cheers!

    18. August 23, 2018

      Hi, Neat post. There is a problem together with your website in web explorer, may check this? IE still is the market chief and a good portion of folks will omit your great writing because of this problem.

    19. August 23, 2018

      Hi there I am so thrilled I found your site, I really found you by mistake, whil I was searchng
      on Google for sometning else, Anyways I am here now annd would just like to say kudos
      for a incredible post and a all round enjoyable blog (I
      also love the theme/design), I don’t havve time to
      browse it alll at tthe minute but I haave bookmartked it
      and also added in our RSS feeds, so when I have time I will
      bee back tto read more, Please do keep up the awesome work.

    20. August 24, 2018

      Its such as you learn my thoughts! You seem to understand so
      much about this, like you wrote the book in it or something.
      I believe that you could do with some p.c. to drive the messsage
      home a little bit, but other than that, that iis
      magnificent blog. An excellent read. I’ll certainly be back.

    21. Does your site have a contact page? I’m havng a tough time locating it but, I’d like to send you an email.

      I’ve got sme ideas for your blog youu might be interested in hearing.
      Either way, great blog and I look forwad to seeing it expand
      over time.

    22. I’ve been having issues with my Windows hosting. It has set me back quite a bit while making the next list. This is the current list that I have. I should add another list in less than a week. I’ll let you all know when the next list is ready. Thank you for your patience.

    23. August 25, 2018

      Its like you read my mind! You appear to know a lot about this, like you wrote the book in it or something. I think that you could do with a few pics to drive the message home a bit, but other than that, this is excellent blog. A fantastic read. I’ll certainly be back.

    24. Asking questions are actually pleasant thing if you aree nnot understanding something fully, buut this paragraph provides good understanding yet.

    25. August 28, 2018

      Wow! This blog looks exactly like my old one! It’s on a completely diferent subject but it has pretty much the same layout and design. Great choice of colors!

    26. August 29, 2018

      You’ve madde some decent popints there. I looked on the internet tto learn more about thee issue
      and found most individuals will go along with your views on this website.

    27. August 29, 2018

      I’m extremely impressed with your writing skills as well as with the layout onn your blog.
      Is this a paiid theme or did you customize it yourself?
      Either way keep uup the excellent qualiity writing, it’s rare to see a nice blog like this
      one these days.

    28. August 30, 2018

      Way cool! Some extremely valid points! I appreciate you penning
      this article and the rest of the site is aso really good.

    29. August 30, 2018

      Thanks , I have recently been searching for information about this subject for ages and
      yours is the greatest I have came upon so far.
      However, what concerning the bottom line? Are you sure concerning the supply?

    30. August 30, 2018

      Very good blog!Do you have any recommendations for aspiring
      writers? I’m hoping to start my ownn site sion bbut I’m a little lost on everything.
      Would you propose starting with a free platform like WordPress or ggo for a paid option? There are so many choices out
      there that I’m totaloly confsed .. Any tips? Kudos!

    31. September 1, 2018

      I could not refrain from commenting. Perfectly written.

    32. September 2, 2018

      Hola! I’ve been reading your web site for a whilee
      now and finally got the courage to go ahead aand give you a
      shout out from Porter Texas! Just wanted to tell you keep up the good

    33. September 4, 2018

      I am curious to find out what bkog platform you have been utilizing?
      I’m having some minor security problems with myy latest website
      and I would like to find something more safeguarded.
      Do you have any solutions?

    34. September 4, 2018

      my sister and I want to start a blog page together?

    35. September 5, 2018

      Have you ever thougght about including a little bit more than just your articles?
      I mean, what you say is valuable and all. Nevertheless juzt imagine if
      you added some great photos or video clips to give your posts
      more, “pop”! Your content iis excellent but with images and
      clips, this website could certainly be one of the greatest in its
      field. Great blog!

    36. September 5, 2018

      I go to see everyday a few web pages and information sites to read content, but this weblog offers feature
      based articles.

    37. September 5, 2018

      I’m gone to tell my little brother, that he should alsso visit this webpage on regular basis
      to geet updated frolm most up-to-date news.

    38. September 5, 2018

      Thanks for sharing a great information. I agree with you. Blog Commenting is such a powerful technique to get the quality back link.

    39. September 6, 2018

      Pretty nice post. I just stumbbled upon your blog and wished to say that I have truly enjoyed surfing
      around your blog posts. After all I will be subscribiing to your feed and I
      hope you write again soon!

    40. September 6, 2018

      Wow, incredible blog layout! Howw lengthy have yyou een blogging for?

      you made running a blog glance easy. The whole glance oof
      your webbsite is fantastic, let alone the content material!

    41. September 6, 2018

      Very quickly this web site will be famous amid all blogging users, due to it’s goodd posts

    42. September 7, 2018

      Cool article! Interesting article over this site. It is pretty worth enough for me. Personally, if all site owners and bloggers made good content as you did, the web will be much more useful than ever before. I couldn’t resist commenting. I’ve spent some time trying to find such article. I’ll also share it with some friends interested in it. I’ve just bookmarked this website. Done with the work done, I’ll visit some online gay webcams. Thanks!! Greetings from San Francisco!

    43. September 7, 2018

      Howdy! Do you use Twitter? I’d like to follow you iif that would be ok.
      I’m absolutely emjoying your blog and look forward too new

    44. September 7, 2018

      I am really loving the theme/design of your blog. Do you evrr run into
      any internet browser compatibility problems? A number of my blog audience have complained anout
      myy blog not working correctly in Explorer but
      looks great in Firefox. Do you have any advice to help fix this issue?

    45. September 7, 2018

      Hi mates, nice article and nihe urging commented here,
      I am actually enjoying by these.

    46. Good! Interesting tips over here. It is pretty worth enough for me. In my view, if all site owners and bloggers made good content as you did, the internet will be much more useful than ever before.| I could not resist commenting. I have spent some time trying to find such infos. I will also share it with a couple of friends interested in it. I have just bookmarked this website. Done with the work done, I going to visit some live gay webcams. Thanks!!Greetings from Miami!

    Leave a reply

    Your email address will not be published. Required fields are marked *