Top 20 young billionaires in China
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Ma Huateng (马化腾)
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| Ma Huateng [CNS] |
Age: 39
Family wealth: 32 billion yuan
Company: Tencent
Title: Chairman of the board and chief executive officer
Sector: Information Technology
Ma Huateng is the co-founder of Tencent Inc., a leading Chinese internet company. He is the chairman of the board and chief executive officer of the company. The company released its first product, an instant message tool named Tencent QQ, in 1998, which has become very popular in China. Now its diverse services include social networks, Web portals, e-commerce, and multiplayer online games. Tencent is one of the world's 10 most popular websites, according to survey company Alexa, and its Hong Kong-listed shares are up by about a third in the past year.
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