NO.7 - MA HUATENG (TENCENT)


Age: 46

 

Years at current company: 20

 

Nationality: Chinese

 

Industry: Internet services

 

Turnover: $38bn

 

Rate of growth: 442% over the last 5 years

 

Ma Huateng has taken full advantage of the Great Firewall of China and a colossal local market to create an internet giant. His company, Tencent, is the proud owner of the WeChat messaging app, which has a billion users worldwide. This engineer by training has bolted on a mobile payment option to the service. The app, WePay is used by 600 million Chinese each month. Mobile games, cloud storage services, video on demand and, of course, advertising revenue are the pillars on which Tencent’s success has been built.   

 

Notable success: At the end of 2017 Tencent, which is valued at 523 billion dollars, became one of the world’s top five companies.   

Read the full Special Report: Top 100 Executives – 2018 Edition

A lack of a long-term strategy is a good indication of a company that lacks ambition, and this is often a fatal flaw. For our first ever Top 100 Executives list, Leaders League took the conscious decision to highlight those executives who, without losing sight of the present, have been able to envisage the future. It’s notoriously difficult to find a way for these two temporalities to coexist in today’s fast-paced digital world, but all those on our list have outstanding leadership abilities, iron determination and, of course, The Vision Thing.
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