Name
Martin Lau
Martin Lau
Hong Kong, China
Bachelor of Science in Engineering, University of Michigan | Master of Science in Engineering, Stanford University | Master of Business Administration, Kellogg School of Management
Hong Kong
e-commerce, Self Made
$2,100,000,000
1168
#1168 Billionaires 2019
#37 Hong Kong's 50 Richest 2019
Martin Lau is the president of Chinese multinational investment holding company Tencent. He became a billionaire for the first time in 2017 after Tencent shares jumped by a third over the previous year. Beijing-born Lau grew up in H.K. and was educated in the U.S. He left Goldman Sachs to join Tencent as chief strategy and investment officer in 2005.Lau expanded the Tencent empire with an agreement in 2016 to acquire up to 84% of Finnish mobile-game-maker Supercell--a $10.2 billion transaction.He sits on the board of several overseas-listed mainland companies, such as e-commerce giant JD.com.
Lau was once nicknamed the 'Salary King' for making his fortune as an employee rather than a founder. After dominating the Chinese instant-messaging sector with its WeChat app, Tencent grew to become the world's largest purveyor of online gaming.
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