Last Updated: 27 Apr, 2023 | Views: 87
Profession: Business Men
Other Profession(s): Entrepreneur, Businessperson
Famous For: Founder And Chief Executive Officer Of Tencent
Higher Education: Shenzhen University (BS)
Net Worth: US$43 billion
Ma Huateng was born on October 29, 1927, and is a Chinese billionaire business magnate. His company, Tencent, operates in the internet, technology, gaming, and entertainment industries. The Chinese businessman and Alibaba founder Jack Ma is known for his outgoing personality, whereas Ma is known for having a low profile. It is often said that Ma is an "aggressive acquirer" and shares the same investment approach as American investor Warren Buffett.
Ma Huateng Education: Ma Huateng graduated from Shenzhen University in 1993 with a Bachelor of Science in computer and applied engineering.
Ma Huateng Career:
1998: Ma Huateng founded Tencent in 1998 with four other classmates. Ma developed the company's first product after attending a presentation for the world's first online instant messaging service, founded in 1996 by an Israeli company called ICQ.
1999: Ma Huateng's team launched a similar software called OICQ (Open ICQ) in February 1999, with a Chinese interface. It became one of the most popular services in the country after over a million users signed up by the end of 1999.
2000: Earlier in 2000, Ma Huateng sold Tencent's shares to US investment firm IDC and Hong Kong's Pacific Century CyberWorks (PCCW).
2015: Ma Huateng announced Tencent would build a long-distance internet hospital in Wuzhen in December 2015.
Ma Huateng Unknown Facts:
Ma Huateng owns the Guangdong Southern Tigers, a Chinese Basketball Association (CBA) team. According to him, basketball promotes teamwork and leadership.
Ma Huateng is well known for his contributions to charity and his advocacy of social causes. He has donated millions of dollars to various charities and founded the Ma Huateng Global Foundation to support education, healthcare, and environmental protection.