Ma Huateng was born on October 29, 1971, in Chaoyang District, Shantou, Guangdong, China. He graduated from Shenzhen University.
In 1998, Ma co-founded Tencent. Its first offering Tencent QQ, an instant messaging tool became very popular in China. The company soon expanded and is now one of the top three Chinese internet companies along with Alibaba and Baidu.
Tencent’s QQ instant messaging reached a total of 784 million active users by end of September 2012. This was an increase of 10 percent over the previous year. The company’s mobile messaging application, WeChat, has surpassed 200 million by the end of 2012. Tencent’s diverse services include web portals, e-commerce, and multiplayer online games. Online game like Legend of Yulong and Legend of Xuanyuan increased revenue by over one half up to $5.1 billion, with a $1.5 billion profit margin.
Ma is also known as Pony Ma and in 2007 and 2014 was named by Time magazine as one of the world’s most influential people. With a net worth of $18.8 billion as of January 2016, Ma is one of the top 100 richest people in the world.
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