20 14 In February, Ma, Chairman and CEO of Tencent Holdings, reduced his holdings of Tencent Holdings at prices ranging from118.6/HK$ to 1 19.97, with a total cash of HK$ 3 billion, equivalent to US$ 387 million. A Tencent spokesperson said that Ma's reduction of Tencent shares is related to his personal financial management. Prior to this, Ma also participated in the private placement of Ping An in China.

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The shares reduced by Ma account for less than 0.5% of the total share capital of Tencent Holdings. In other words, despite this reduction, Ma is still the largest individual shareholder of Tencent Holdings, with a shareholding ratio of 9.87%. According to the Hurun Rich List, Ma ranks third among the richest people in China, with a net worth of about $654.38+04 billion.

Some time ago, according to Hurun's cash rich list, Ma cashed in 7.9 billion yuan and became the king of cash in 20 16. In the past year, Ma reduced the stock market value by more than 20 billion, and he spent 654.38+0.39 billion on charity, cashing in 7.9 billion.