Ma Huateng, a Han Chinese, was born on October 29, 1971 in Basho Harbor, Dongfang County, Guangdong Province (now Dongfang City, Hainan Province), a native of Chaonan District, Shantou City, Guangdong Province, and received a Bachelor of Science degree in 1993 from Shenzhen University. He is one of the main founders of Tencent. He is currently the Chairman of the Board of Directors and Chief Executive Officer of Tencent; Vice Chairman of the All-China Youth Federation; and a deputy to the National People's Congress.
He moved to Shenzhen with his parents from Hainan in 1984 and graduated from the Computer Science Department of Shenzhen University in 1993. In the same year, he joined Shenzhen Runxun Communication Development Co., Ltd. and started the research and development of paging system, and in 1995, he founded the Shenzhen station of Huiduo.com, which was named ponysoft.
In 1998, Ma Huateng and his classmate, Zhang Zhidong, registered to set up Shenzhen Tencent Computer System Co.
August 7, 2017, Tencent shares hit a new record high of HK$320.6, Ma Huateng became China's richest man at $36.1 billion.In April 2018, he was honored by Time Magazine as the world's most influential person in 2018.On October 25, 2018, Forbes released the 2018 Forbes China 400 list, and Ma Huateng reigned on the list with a fortune of $32.8 billion. billion US dollars to reign second on the list.On December 18, 2018, the Party Central Committee and the State Council awarded Comrade Ma Huateng the title of Reform Pioneer and the Reform Pioneer Medal.In March 2019, Ma Huateng was ranked 20th on the 2019 Forbes Global Billionaires List with a wealth of $38.8 billion.On September 5, 2019, the Breakthrough Prize Foundation and its patrons -Ma Huateng and others*** together announced the recipients of the 2020 Breakthrough Prize and New Horizons Prize.2019 Forbes China Philanthropy List ranked No. 4.October 19, 2019 Named to the 2019 Forbes Business People of the Year's list of Business Leaders Operating Across Borders.November 7, 2019 Ranked No. 1 on the Forbes China Philanthropy List with a fortune of $28.8 billion. 54.550 billion yuan wealth value ranked No. 2 on the 2019 Forbes China 400 richest people list.
Chinese name: Ma Huateng
Foreign name: Pony
Alias: Xiao Ma
Nationality: Chinese
Ethnicity: Han Chinese
Place of birth: Basho Harbor, Dongfang County, Guangdong Province, China (now Dongfang City, Hainan Province)
Date of birth: October 29, 1971
Occupation: Entrepreneur
Graduate School: School of Computer and Software, Shenzhen University
Major Achievements: changed the status quo of SNS in China
Founded Tencent in 1998
Tencent Charitable Foundation
Representative Works: Tencent QQ
Career Wealth: $38.8 billion (2019 Forbes Global Billionaires List)
Wealth. /p>
QQ number held: 10001
Father: Ma Chen_
Mother: Huang Huiqing
Chamber of Commerce position: honorary president of Shenzhen Chaoshan Youth Chamber of Commerce;
Organization position: honorary chairman of Shenzhen Chaoqing Association forever;
People experience
Early period
Ma Huateng, Guangdong Province Ma Huateng was born on October 29, 1971, in Basho Harbor, Dongfang County, Guangdong Province (now Dongfang City, Hainan Province.) In 1984, when the winds of the East were blowing and the Shenzhen Special Economic Zone (SZSEZ) was established for the fourth year, the 13-year-old Ma Huateng settled in Shenzhen with his parents. Later, he was transferred to Shenzhen Middle School, and in 1989, he was admitted to Shenzhen University with an outstanding score of 739 points in the college entrance examination, majoring in computer science in the Department of Electronic Engineering.
After graduating in 1993, he entered Shenzhen Runxun Communications Development Co., Ltd. and started to work as a programming engineer, focusing on the development of pager software, and was promoted to the head of the development department. This experience made it clear to Ma that the significance of developing software lies in its utility, not in the self-indulgence of the writers. R&C enhanced Ma's vision and gave him the necessary enlightenment in management.
First bucket of gold
In 1998, the concept of utility software not only fostered Ma's keen sense of the software market, but also made him profitable. Ma Huateng was one of the authors of the popular stock card, which he developed with a friend and has been selling well in the Saige electronics market. Ma Huateng also continued to solve software problems for his friend's company. This made him not only a little famous in the circle, but also had a considerable amount of primitive accumulation.
But his first real bucket of money came from the stock market. One of his best hits was speculating 100,000 yuan to 700,000 yuan. This laid the foundation for Ma to start his own business.
Founding Tencent
In 1998, Ma Huateng and his classmate Zhang Zhidong registered a joint venture, Tencent Computer Systems Co. After that, they took in three more shareholders: Zeng Liqing, Xu Chenye and Chen Yidan. As a software company set up without venture capital intervention, every expense in the early days was alarming to Ma and his companions.
When he decided to do OICQ, there were already two companies in China that did it first, and the product was more famous in the market than Tencent. Ma Huateng did not think more, in addition to the fact that this product can be and the company's main development business of mobile bureaus, paging stations, wireless paging solutions and projects to promote each other, but also because at that time, FeiHua, China.com, and many other companies are interested in doing instant messaging projects, the market appears to be very promising.
Difficult Opportunities
Lawsuits
In the initial development process, Tencent went through a very important compensation lawsuit: around 1999-2000, OICQ, which was modeled after ICQ, grabbed a lot of ICQ's user base, especially users in mainland China, and ICQ later went through the legal process and finally ruled that Tencent had lost the lawsuit and stopped using the name OICQ and returned it to the company. OICQ name, and return the OICQ domain name to ICQ company, at the same time compensated a certain amount of fees, since then Tencent has used the name QQ.
Capital difficulties
At the beginning of the venture, Ma led his own team to do webpage, system integration and programming. But because he didn't understand marketing and market operations, Tencent's products were often rejected when they were taken out to be marketed to operators. Like other Internet companies just starting out, money and technology were Tencent's biggest problems.
In February 1999, Tencent developed its first "Chinese-style" ICQ, OICQ, which was well received by users, and the number of registrations grew wildly, reaching tens of thousands of people in a very short time. The increase in the number of people will have to continue to expand the server, and at that time, the server hosting fees of one or two thousand dollars for the company are too much.
In 2000, the first dot-com bubble swept across China's Internet, and Tencent entered the most difficult period. When it faced financial difficulties, it nearly sold the ICQ software it had developed to the Shenzhen Telecom Data Bureau for 600,000 yuan, but the deal eventually collapsed because of the price.
The dark side of the world
Software couldn't be sold, but users were growing fast, and the investment needed to run QQ was getting bigger and bigger, so Ma had to go around to raise money. Ma started looking for foreign venture capital with a business plan that had been revised in six versions and had more than 20 pages, and finally came across IDG and Pacific Century CyberWorks (PCCW), which made the first investment. Tencent's development gradually got on track.
On June 16, 2004, Ma led Tencent to list on the main board of the Hong Kong Stock Exchange.
List rankings
Ma Huateng topped the 3000 China Family Wealth List in 2014 with a fortune of 100.7 billion yuan, up 54 billion yuan compared with 2013.
On February 13, 2015, Ma Huateng was selected as the winner of the "2014 China Internet Person of the Year" event. on March 2, 2015, Forbes released the 2015 Forbes China Rich List, ranking sixth with $16.1 billion. in April, Fortune 2015 "China's 50 Most Influential Business Leaders" ranked Ma Huateng as one of the top 50 most influential business leaders in China. In April, Fortune 2015 "China's 50 Most Influential Business Leaders" list ranked No.2. In October, the "2015 Sino-Legacy - Hurun IT Rich List" was released, ranking second with 103 billion yuan.On October 26, the 2015 Forbes China Rich List was released, ranking third with 17.6 billion dollars.
October 13, 2016, the 2016 Hurun 100 rich list was released, with 165 billion yuan ranked third.October 18, the 2016 Hurun IT rich list was released, with 134 billion yuan to remain second.October 27, 2016 Forbes China rich list was released, with $24.5 billion wealth, ranked third.July 17, 2017, the Forbes Rich List was released, Ma Huateng ranked 23rd with a net worth of $32.4 billion.
In May 2018, Forbes Top 10 Most Influential CEOs ranked 10th.On August 28, Forbes real-time rich list list, Ma Huateng's fortune reached $41 billion.
On November 7, 2019, Ma Huateng was ranked No. 2 on the 2019 Forbes China 400 Rich List with a wealth value of $254.550 billion.
2020 Forbes Global Billionaires List,Ma Huateng ranked 20th with $38.1 billion.
Supporting his hometown
In recent years, Mr. Ma Huateng has invested more than 20 million yuan in the construction of his hometown in Shantou, and completed a number of public welfare projects, such as the repair project of Jiayi Central Primary School, the improvement of the creek and river in Jiayi Village, the construction of the Jiamei Community Park, and the activities of helping the poor and the needy, etc. In November 2017, in order to support the construction of public welfare undertakings in his hometown, the Poverty Alleviation Special Fund donated 13 million yuan to Chengtian Town Public Welfare and Charity Association of Chaonan District, Shantou City, which was used to carry out public welfare and charity work in Chengtian Town Public Welfare and Charity Association and Jiayi Village.
Political career
In July 2015, he was elected vice chairman of the 12th National Youth Federation.
In January 2018, he was elected as a deputy to the 13th National People's Congress (Guangdong Province).
On May 9, 2018, he was elected vice president of the China Federation of Network Social Organizations.
Book Works
On April 28, 2018, Ma Huateng published a book, China on the Fingertips, which was officially launched, about the whole process of social change in China as a mobile Internet power. In the book there are very vivid and vivid cases in various fields.
Social Activities
On December 16, 2015, he attended the opening ceremony of the 2nd World Internet Conference.
On March 3, 2016, Ma Huateng, a deputy to the National People's Congress (NPC) and Chairman of the Board and CEO of Tencent, said that the 2016 National People's Congress would bring five proposals ready to be submitted to the National People's Congress (NPC), involving "Internet+" landing measures, the sharing economy, Internet healthcare, the digital content industry and Internet ecological security.
On June 16, 2016, China's "Internet+" Summit was held in Beijing. Mr. Ma Huateng pointed out on the spot that for every industry, the Internet is not just a new economy or a new field, but is closely related to his industry and must be embraced. In the past year, under the great empowerment of "Internet +" information energy, communication, finance, retail, O2O, transportation fields have undergone great positive changes.
In April 2018, he was the first member of the founding Honorary Council of Westlake University.
Award Record
Social Honors
Individual Honors
Hurun's 100 Richest People
Note: In 1999, Hurun made China's first ranking of the richest entrepreneurs on the mainland. In 1999, Hurun produced the first list of China's richest mainland entrepreneurs, and then started to produce a list of China's billionaires for Forbes, from which Hurun separated in June 2003 to produce a list on its own. The "Hurun 100 Rich List" is one of the most recognizable lists.
Forbes China's Rich List
Note: Forbes Magazine, founded in 1917, launched its first list of the richest people in the world in 1982, which had an unprecedented impact on the world, and on October 30th, 2003, Forbes compiled a list of China's rich people for the first time, which has gained increasing popularity ever since. It is one of the most recognizable lists.
New Fortune Rich List
Note: The New Fortune 500 Rich List was launched by New Fortune magazine in 2003, and was the first rich ranking list launched by mainland Chinese media.
2014 TIME People
April 24, 2014 - The U.S. weekly Time magazine on April 24, 2014, published a list of the world's 100 most influential people of 2014 on its website. It includes Ma Huateng, chairman of the board and chief executive officer (CEO) of Shenzhen-based Tencent.
On Nov. 4, 2015, the U.S. magazine Forbes announced the world's most influential people, Ma Huateng ranked 48th.
Best CEOs in Mainland China 2015
Ranked 45th globally in overall ranking and 2nd in financial performance - in this Harvard Business Review - World's Best CEOs ranking, Tencent's Chairman of the Board of Directors and Chief Executive Officer, Ma Huateng, has become the only entrepreneur in Mainland China to make the list.
On February 24, 2016, the 2016 Hurun Global Rich List was released, with Ma's wealth of 124 billion yuan ranking fourth on the mainland and 41st globally, up 12 places from last year.
Charity List
On June 7, 2016, the Hurun Research Institute released the 2016 Hurun Charity List of the Big City Small Love Ci Shanghui, and Ma Huateng became the top charity for the first time with a donation of 13.9 billion yuan.
In July 2019, the 2019 Forbes China Charity List was released, and Ma Huateng ranked No. 4.
2017 China's 50 Most Influential Business Leaders
In April 2017, Ma Huateng was once again listed in Fortune Magazine's newly announced "2017 China's 50 Most Influential Business Leaders", ranking as high as second place after Huawei founder Ren Zhengfei.
Forbes list
On April 21, 2018, Forbes magazine released its 2018 "World's Greatest Leaders" list, and Ma Huateng ranked 19th.
In March 2019, Ma Huateng was ranked 20th on the 2019 Forbes list of the world's billionaires with a fortune of $38.8 billion.
On October 19, 2019, he was named to the 2019 Forbes Business People of the Year's list of business leaders operating across borders.
On April 7, 2020, Ma Huateng was ranked No. 20 on the 2020 Forbes Global Billionaires List with a fortune of $38.1 billion.
On April 13, 2020, Ma was named to Fortune China's "50 Most Influential Business Leaders in China in 2020" list.
Opinions
To make a product, you have to think like a white user
My style is to be pragmatic and focused, to be passionate and thirsty for knowledge; to be quick to think and firm to execute; to focus on strategy, speed and details, and to be hands-on. Think like a "white" user, and use the product every day with high frequency, constantly find the shortcomings, one day to find one, solve one, it will lead to word of mouth effect.
Good products don't need the so-called special design, because people who feel especially good about themselves will intentionally engage in something that reflects their own strengths, but users don't need it at all, which is often the end of the story. Resources are just an addition, product strength is the king. 10 are weak as 1 is very strong. Otherwise a bunch of products that can't be done can only subtract points and distraction.
The Internet will "connect everything"
The Internet is part of the main economic and social society, "Internet +" will connect entities, industries, services, individuals, equipment and all other basic elements to create an "Internet +". "Internet+" ecosystem.
Social Evaluation
Ma Huateng inadvertently created a huge 'QQ empire' between imitations, creating a new way of communication for Chinese people.
Internet newcomer Ma Huateng, who made an SNS chat tool into the indispensable QQ, turned Tencent into an Internet business empire. Ma Huateng, known as the public enemy of the Internet. In the decade since Tencent's founding, Ma Huateng has continued to make enemies of himself, and, finally, has managed to go on to become a 'public enemy of all people'.
Mild-mannered and low-key, he is nonetheless a well-deserved star. The company he founded in 1998 has grown to such heights, but he's done more than just build a successful business and connect the dots between one-child families in China's unique cultural context and the huge population of people with mobile internet.
He's one of the richest people in China, but also one of the most understated. He created China's largest online company.