Ma Huateng Net Worth

$48 Billion

Last Updated:

Jeff Bezos Net Worth

What is Jeff Bezos' net worth? Jeff Bezos is now...

Eminem Net Worth

What is Eminem's net worth? As of , Eminem's...

Jordan Belfort Net Worth

What is Jordan Belfort's net worth? Introduction Jordan Belfort's net worth...

Cristiano Ronaldo Net Worth

What is Cristiano Ronaldo's net worth? As of ,...

Justin Bieber Net Worth

What is Justin Bieber's net worth? Introduction As of ,...

What is Ma Huateng’s net worth?

Net Worth:$48 Billion
Age:50
Born:October 29, 1971
Gender:Male
Height:1.65 m (5 ft 5 in)
Country of Origin:China
Source of Wealth:Entrepreneur
Last Updated:August 2, 2022

Introduction

As of September 2022, Ma Huateng’s net worth is approximately $48 Billion.

Ma Huateng, also known as Pony Ma, is a Chinese business magnate, engineer, internet and technology and philanthropist.

Huateng is the chairman, founder, and chief executive officer of Tencent, Asia’s most valuable company and also one of the largest Internet and technology companies in the world. 

He is one of the wealthiest businessmen in the world without a doubt. 

 

Early Life 

Ma Huateng was born in Chaoyang, China on the 29th of October, 1971. When his father, Ma Chenshu got a job as a port manager in Shenzhen, near Hong Kong, the young Ma accompanied him. 

Huateng was enrolled in Shenzhen University in 1989 and then graduated in 1993 with a Bachelor of Science in computer science. 

 

Career

Ma Huateng’s first work was with China Motion Telecom Development. He reportedly earned $176 per month. During the same time, he also worked for Shenzhen Runxun Communications Co- Ltd- in the research and development department for Internet calling services. 

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. 

In 2009, Huateng told China Daily, he stated: 

“If I have seen further, it is by standing on the shoulders of giants, we knew our product had a future, but at that time we just couldn’t afford it.”

In 2000, Ma turned to US investment firm IDC and Hong Kong’s telecom carrier Pacific Century CyberWorks who bought 40% of Tencent shares for $2.2 million. Afterward, 80% of the company’s revenue came from deals struck with telecom operators who agreed to share message fees. 

As of 2020, Ma Huateng’s net worth is estimated to be roughly $48 Billion. 

 

Highlights 

Here are some of the best highlights of Ma Huateng’s career:

  • Tencent Holdings Ltd. (1998) 
  • Launched the Internet-based service QQ (1997) 

 

Favorite Quotes from Ma Huateng 

“In America, when you bring an idea to market, you usually have several months before competition pops up, allowing you to capture significant market share. In China, you can have hundreds of competitors within the first hours of going live. Ideas are not important in China – execution is.” – Ma Huateng 

“On all open platforms, regardless of whether it’s Facebook or the Apple App Store, the largest segment is entertainment and games. It’s the largest revenue segment. And it’s the same for Tencent.” – Ma Huateng 

“At Tencent, we may be businessmen, but we are still chasing our IT, our science. We are still striving to create something really cool, trying to create things we couldn’t even imagine without our new technologies. I am still clinging to this enthusiasm.” – Ma Huateng 

“If you ask me what I worry about every morning when I wake up, it’s that I don’t understand future mainstream Internet users’ habits.” – Ma Huateng 

“Look at Microsoft, Google, and Facebook. They have all entered many sectors, and actually, in many of those sectors, they weren’t as early as Tencent.” – Ma Huateng 

 

3 Lessons for Success from Ma Huateng 

Now that you know all about Ma Huateng’s net worth, and how he achieved success; let’s take a look at some of the lessons we can learn from him:

 

1. Prepare for tomorrow before closing the book on today

For every minute spent organizing, an hour is earned. You should take that to heart in your day-to-day work. Try to end each day with preparation for the next. Taking stock of the tasks you’ve completed today will help ensure that you get off to a fast and efficient start tomorrow.

 

2. Stay in the game, even when the going gets tough

When the chips are down, it’s easy to just give up. But it’s in those moments that successful people buckle down and work harder, finding new ways to reach their goals.

Ma Huateng, the founder of Tencent Inc., and the second-richest man in China, almost flamed-out during the early years of his business.

 

3. Do what you’re passionate about

Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do and to have a passion for it. 

 

Frequently Asked Questions

 

How much is Ma Huateng worth?

Ma Huateng’s net worth is estimated to be $48 Billion.
 

How old is Ma Huateng?

Ma Huateng was born on October 29, 1971, and is currently 50 years old.
 

How tall is Ma Huateng?

Ma Huateng’s height is 1.65 m, which is equal to 5 ft 5 in.
 

Summary

Ma Huateng is one of the most well-known investors and entrepreneur in China.

He is the founder of Tencent, which is Asia’s most valuable company, one of the largest Internet and technology companies, and the biggest investment in the world. He is also the man behind the popular message system WeChat. 

As of 2020, Ma Huateng’s net worth is estimated to be roughly $48 Billion, making him one of the wealthiest businessman in the world. 

What do you think about Ma Huateng’s net worth? Leave a comment below. 

John Mulder
John Mulderhttps://360tsd.com/
John is a professional accountant with a passion for writing. When not helping clients identify tax and financial opportunities, you can find him writing, sailing offshore, or flying a plane. He’s worked and partied with the rich and famous from around the world, getting an inside look at the secretive lifestyles of high-net-worth celebrities.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

La Toya Jackson Net...

What is La Toya Jackson's net worth?  Introduction  La Toya Jackson...

Michael Phelps Net Worth

What is Michael Phelps' net worth? Introduction As of ,...

Mike Tyson Net Worth

What is Mike Tyson's net worth? Introduction As of ,...

Keith Richards Net Worth

With a career spanning over six decades, Keith Richards is a rock and roll legend with a rockstar-sized net worth to go with it.

Jermaine O’Neal Net Worth

What is Jermaine O'Neal's net worth?  Introduction  Jermaine O'Neal is an...

Fernardo Vargas Net Worth

What is Fernando Vargas' net worth?  Introduction  Fernando Vargas is an...

Latest Net Worth Profiles

Jacqueline Mars Net Worth

Jacqueline Mars is not only a billionaire but is a part owner of the largest candymaker in the world, making her fantastically wealthy.

Jennifer Love Hewitt Net...

Jennifer Love Hewitt is the ghost whispering, mega-successful actress, who generated massive wealth from acting as well as her pop songs and movie sound tracks.

Diamond Dallas Page Net...

Diamond Dallas has earned millions of dollars in the ring and is fantastically wealthy as a result of his incredible skill and popularity with the crowd.

Derek Jeter Net Worth

Derek Jeter’s 20 years on the diamond has allowed him to knock his wealth out of the park, creating a huge fortune from baseball.

David Letterman Net Worth

From his years working as a television host, comedian, writer, and producer, David Letterman has amassed a huge fortune to become an incredibly wealthy celebrity.

Neil Diamond Net Worth

Discover the chart-topping singles, albums, and iconic collaborations that helped Neil Diamond earn his enormous net worth.

Cam Newton Net Worth

Working as a free agent, Cam Newton has earned a net worth in the millions as one of the most skilled quarterbacks on the field.

Dhani Harrison Net Worth

After inheriting a substantial amount from his famous father, Dhani Harrison made his mark as a talented musician, adding to his already massive fortune.

Jeff Dunham Net Worth

Jeff Dunham is laughing all the way to the bank, as he’s fabulously wealthy from the millions he’s earned on stage.

David Guetta Net Worth

David Guetta is a mega-successful electro and hip-hop fusion DJ and producer, whose mixing skills have skyrocketed his fortune and made him ridiculously wealthy.