Tencent CEO and Chairman Ma Huateng net worth, wife, family, house

Tencent CEO and Chairman Ma Huateng net worth, wife, family, house

Ma Huateng(Chinese: 马化腾; pinyin: Mǎ Huàténg) is a Chinese business magnate who is also known as Pony Ma. He is the founder, chairman, and CEO of Tencent, Asia’s most valuable corporation, one of the world’s largest Internet and technology companies, as well as one of the world’s largest investment, gaming, and entertainment conglomerates. He is one of the wealthiest businessmen in the world without any doubt. So how much is Ma Huateng net worth? Scroll down to know all the information regarding Ma Huateng net worth, earnings, income, wife, married, family, house, and many more:

Ma Huateng net worth, earnings, income, and all the way he makes his fortune

Ma Huateng net worth
Tencent CEO and Chairman Ma Huateng Source: wealthyperson.com

He has achieved a great lot of fame and money as a businessman as a result of his talent and hard work. According to the Bloomberg Billionaires Index, he is China’s richest man as of April 2021, with a net worth of $59.5 billion. Ma Huateng net worth comes from the 9.7 percent stake in Tencent Holdings. Aside from that, he owns a 19,600 sq ft opulent home in Hong Kong. In addition, he donated $2 billion in Tencent stock to his charitable foundation. Ma drives a Volvo S80L which manufactured in China.

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He is the founder, chairman, and CEO of Tencent, Asia’s most valuable company, as well as one of the world’s largest investment, gaming, and entertainment giants.  WeChat, China’s largest mobile instant messaging program, is developed by the firm, and its subsidiaries offer media, entertainment, payment systems, smartphones, internet-related services, value-added services, and online advertising services in China and around the world.

How much does he spend to buy his house?

He is said to own property in Hong Kong as well as art worth $150 million. In Hong Kong, he has a rebuilt palatial mansion of 1,820 m2 (19,600 sq ft). Ma spent HK$480 million in 2009 for the 8,000-square-foot property on Big Wave Road, which is now valued at HK$1.9 billion.Ma spent HK$480 million in 2009 for the 8,000-square-foot property on Big Wave Road, which is now valued at HK$1.9 billion.

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Professional career and Founding of Tencent 

Ma’s first work was as a software developer for pagers at China Motion Telecom Development, a provider of telecommunications services and equipment. He paid $176 each month. He also worked in the research and development department for Internet calling services at Shenzhen Runxun Communications Co. Ltd. Ma Huateng went on to co-found Tencent in 1998 with four other classmates. Ma got the idea for the startup after seeing a presentation for ICQ, the world’s first Internet instant messaging service, which was created in 1996 by an Israeli company.

In a 2009 interview with China Daily, he said of Tencent’s founding,  “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.

Tencent turned to venture capitalists to fund its expanding operational expenditures because their prized offering OICQ was provided free of charge. In 2000, Ma resorted to IDC, a US investment firm, and Pacific Century CyberWorks (PCCW), a Hong Kong telecom carrier, to buy 40 percent of Tencent’s shares for US$2.2 million.

Politics Career

Ma is a member of the 5th Shenzhen Municipal People’s Congress and the 12th National People’s Congress, according to the official Tencent website.

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Ma was quoted as stating on censorship at a tech conference in Singapore “In terms of information security management, online companies from any country must abide by a defined set of criteria, and act responsibly. Otherwise it might lead to hearsay, libel and argument among citizens – not to mention between countries. That’s why the need for online management is increasingly urgent.”

Ma Huateng wife and their children; When do the couple meet?

Ma Huateng wife
Ma Huateng with his wife Wang Danting Source: factsupdate.com

Ma Huateng’s wife is Wang Danting. He met his wife using Tencent’s QQ messaging app, which he created. Regarding his wife, there is no information available. Their wedding date and location are still a mystery. The pair has weathered every storm and adversity life has thrown at them, and their love has remained strong and loving. Although he tries to keep his personal life private, it is widely assumed that the couple’s daughter is Ma Manlin. His daughter is dating the son of Wang Janlin, the founder of China’s largest real estate development company, Dalian Wanda Group.

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