Pony Ma is now China’s second-richest man as Tencent nears trillion-dollar club

Pony Ma Huateng, the founder and CEO of Tencent Holdings, is now the second-wealthiest person in China as his company’s market value surged closer than ever to US$1 trillion this week. A nearly 11 per cent jump in Tencent’s stock price on Monday added US$6.9 billion to Ma’s wealth, according to the Bloomberg Billionaires Index. With a net worth of around US$75 billion, Ma ranks only behind Zhong Shanshan, chairman of Chinese bottled water giant Nongfu Spring. Ma is currently richer than Jack Ma,