(Baonghean.vn) - Billionaire Ma Huateng - Chairman of Tencent Holdings Technology Group, has usurped the title of Asia's richest man from billionaire Jack Ma - owner of e-commerce company Alibaba.
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Ma Huateng was born in 1971 in Chaoyang County, Guangdong, China. As a child, he dreamed of becoming an astronomer. |
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In 1989, Ma Huateng enrolled at Shenzhen University. He graduated in 1993 with a Bachelor of Science degree in Computer Science. Photo: Amirite. |
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Ma Huateng's first job was developing software for pagers for $176 a month at China Motion Telecom Development, a provider of telecommunications products and services. Photo: Yibada. |
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When he was young, Ma Huateng was also passionate about stocks and earned significant profits. With the money he had, in 1998 (at the age of 26), billionaire Ma Huateng and four classmates founded Tencent Holdings. Since its inception, Ma Huateng had to take on many different positions such as management and website design to support the company. Photo: The Economic Times. |
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Tencent Holdings' first major product was its free messaging service QQ. The product quickly grew and became the most popular messaging app in China. Photo: NextShark. |
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Tencent then went on to launch WeChat - China's most popular messaging app with 900 million users. Photo: SocialbrandWatch. |
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Later, Tencent Holdings continued to expand into other business areas such as payment services, online gaming... Photo: Alchetron. |
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Currently, Tencent is one of the leading technology companies in China. According to its 2016 financial report, Tencent Holdings' gross profit was 12.5 billion USD. Photo: South China Morning Post. |
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Ma Huateng rarely shares his personal life with the media. However, people also know him as a great philanthropist. In 2016, the Tencent Holdings boss donated 100 million Tencent shares (equivalent to 2.14 billion USD) to a newly established charity fund. Photo: Luxatic. |
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According to the latest information from Forbes, billionaire Ma Huateng officially surpassed Jack Ma to become the richest person in China after the stock price of technology company Tencent on the Hong Kong stock exchange increased by 2.95%, helping Ma Huateng's assets reach the milestone of 36.2 billion USD. Photo: Getty Images. |
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With this fortune, the owner of the technology group Tencent also surpassed India's richest billionaire Mukesh Ambani and Hong Kong billionaire Li Ka-shing to become the richest person in Asia. Photo: Success Stories. |
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