In this article, we have featured Ma Huateng Net Worth In 2024
- Pony Ma, commonly known as Ma Huateng, is the chairperson of the Chinese internet behemoth Tencent Holdings, which is one of the most valuable companies in the country according to market valuation.
- More than one billion people use the popular social messaging program WeChat, which was developed by Tencent.
- In December 2018, the parent company, Tencent Holdings, announced that its music streaming subsidiary, Tencent Music, would be going public on the New York Stock Exchange.
- In contrast to Jack Ma, the former CEO of Alibaba, Ma Huateng prefers to keep a low profile, which is appropriate given his experience in engineering.
- In 1998, Ma was one of the founders of Tencent.
What Is Ma Huateng Net Worth?
On this page, you can find information on Ma Huateng’s net worth, biography, age, height, and weight, along with a great deal of other data. Ma Huateng serves as the Chief Executive Officer of Tencent and has a personal fortune estimated to be around $64 billion. He is currently considered to be one of the wealthiest persons in China.
Ma Huateng is regarded as one of the top 10 wealthiest individuals in all of Asia. Pony is the name that all of his close pals call him. Tencent Holdings, which he founded, is currently regarded as one of the most successful corporations in China.
You might be astonished to learn that his company is an internet company and that he also met his wife while conversing on the internet. His company is an internet company.
Over the course of the previous five years, he has held the title of the wealthiest individual in China on three separate occasions. At the moment, his standing falls between one and four.
The meaning of his name is the horse. As was pointed out earlier, his wealth is estimated to be somewhere in the region of $64 billion. In the previous year, his company had total revenue of one hundred billion dollars. After paying taxes, his company made approximately twenty-four billion dollars in profit.
His company’s video games are consistently ranked among the most popular video games in the world. When it comes to mobile gaming, his company is by far the most successful competitor on a global scale.
You are undoubtedly aware that China has its own social networking platform. His company operates a social network that is nearly on par with Facebook and YouTube, but very few people outside of China are familiar with the name of the platform. Over the course of the past two decades, he has established himself as one of the wealthiest persons in China.
More About Ma Huateng Net Worth
At the moment, Tencent Holdings is the most successful video gaming company in China. As of Wednesday, its share price was above HK $500, making it the most valuable firm in Asia, even surpassing Alibaba Group Holding Ltd.
The recent rise in Tencent shares is primarily attributable to the expanding fortune of the company’s CEO. In the early hours of today, he went ahead of Jack Ma, who has a net worth of $48 billion.
Ma Huateng, better known by his nickname “Pony Ma” (where “Ma” means “horse” in Chinese), is not as well known outside of China as Jack Ma, but he is among the most well-known people in China.
In 1998, Ma Huateng and four of his classmates established a company that would become known as Tencent. He attended Shinzen University in China and earned his Bachelor of Science degree there.
At this time, he holds a stake in Tencent equal to seven percent. According to Bloomberg, he had already this year increased his net worth by 757 million dollars by selling some shares in his company.
Tencent is one of the largest companies in the video gaming industry in the world. It has also established a significant presence in the field of social media platform programming and has grown to become one of the leading social media companies in China.
WeChat, which is equivalent to WhatsApp in China, is one of the social media platforms that are managed by Tencent. It is responsible for the development of some of the most well-known games in the gaming industry, such as League of Legends, PUBG Mobile, and Honour of Kings.
Conclusion: Ma Huateng Net Worth
Tencent Holdings, the company that runs China’s most popular instant messaging service, is owned by Pony Ma, who has a 7.7 percent share in the company. His participation in the venture is managed by Advanced Data Services.
In 2016, Ma made a charitable contribution to a foundation in the amount of $2.3 billion worth of Tencent shares.
In addition to a painting that he bought at a charity auction in 2013, he has Hong Kong real estate that is worth $150 million. A total of $16.4 billion was reported as revenue for Tencent Holdings in 2016.