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Pony Ma Overthrows Jack Ma as the Richest Person in China - Business - Heroslodge

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Pony Ma Overthrows Jack Ma as the Richest Person in China by Noblex: 12:37 pm On Aug 09



The net worth of Pony Ma, the founder-CEO of internet company Tencent, has been valued at $37 billion whereas Jack Ma's net worth is $36.2 billion, according to Forbes's billionaire's list.

Pony Ma's company operates the extremely popular WeChat app. It was launched in 2011 and by 2017 had become one of the largest messaging apps with 938 million active users.

Pony Ma's company operates the extremely popular WeChat app. It was launched in 2011 and by 2017 had become one of the largest messaging apps with 938 million active users.

In direct competition to WeChat is Jack Ma's Alipay in China. In 2017, Tencent cited 600 million active users of WeChat's payment system in 2017 as opposed to Alipay's 450 million active users.

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