Business Transformation

Tencent boss Pony Ma Huateng has reclaimed the title of China’s richest person

Pony Ma Huateng is back on top as China’s richest person. He is the co-founder and chief executive officer of Tencent Holdings, China’s biggest social media, and video games company. Ma Huateng, 49, who is also known as Pony Ma, cofounded Tencent in 1998.

Tencent Holdings shares climbed by 7% in Hong Kong to close at HK$654 amid growth hopes, boosting Ma Huateng’s fortune by $4.01 billion to an estimated $64.6 billion. That led him past previous No. 1, Nongfu Spring CEO Zhong Shanshan, whose estimated wealth ended the day at $62.5 billion, as of April 2, 2021.

Top 10 richest people in China

  1. Ma Huateng (co-founder and chief executive officer of Tencent Holdings): $64.6 billion
  2. Zhong Shanshan (chairman of Nongfu Spring): $62.5 billion
  3. Colin Huang (founder of Pinduoduo): $50.7 billion
  4. Jack Ma (founder of Alibaba Group): $49.8 billion
  5. Zhang Yiming (founder and chief executive officer of Bytedance): $35 billion
  6. Yang Huiyan (majority shareholder of Country Garden Holdings): $33.7 billion
  7. William Ding (CEO and largest shareholder of NetEase): $33.7 billion
  8. He Xiangjian (founder and largest shareholder of Midea Group): $32.6 billion
  9. Qin Yinglin (founder and chairman of Muyuan Foodstuff): $30.2 billion
  10. Zhang Zhidong (co-founder of Tencent Holdings): $27.9 billion

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Alexandra Dimitropoulou

Alexandra Dimitropoulou

VP and News Editor
Alexandra Dimitropoulou is a VP and News Editor at CEOWORLD magazine, working to build and strengthen the brand’s popular, consumer-friendly content. In addition to running the company’s website, CEOWORLD magazine, which aims to help CEOs, CFOs, CIOs, and other C-level executives get smarter about how they earn, save and spend their money, she also sits on the Board of Directors of the Global Business Policy Institute. She can be reached on email You can follow her on Twitter at @ceoworld.