Tencent founder on World's Best CEO's List

Tencent Chair and CEO Ma Huateng, better known abroad as Pony Ma, has been named among the world's best CEOs for the second consecutive year by Barron's, a financial weekly published by Dow Jones & Company.

Ma Huateng delivers speech at the Big Data Expo 2018 in Guiyang, Guizhou province, on May 28, 2018. [File photo: Jadranko Marjanovic/China Big Data Expo 2018/AFP-Services]

Barron's is citing the Chinese tech giant's outstanding business performance and high rate of return on investment as the reason for adding Ma Huateng to its list.

Barron's notes the annual revenue of the company has reached 36 billion USD, while users of Tencent's digital products, including WeChat, has reached to more than one billion.

This is the 15th year Barron's has released its World's Best CEOs list. Rather than ranking the 30 CEO's chosen, Barron's instead categorizes them into three groups: visionary founders, growth leaders and change agents.

Ma Huateng, for the second year in a row, has been added to the visionary founder group, which also includes Berkshire Hathaway CEO Warren Buffett, Amazon.com CEO Jeffrey Bezos and Facebook CEO Mark Zuckerberg.

Ma Huateng isn't the only Chinese face on the Barron's list this year.

Taiwan-born Lisa Su, CEO of Advanced Micro Devices, is among the 11 new additions to this year's list.

(Story includes material sourced from China Daily.)