With a net worth of $62.6 billion, 40-year-old Colin Zheng Huang is the richest person in tech in China above Colin Huang and Pony Ma. Colin Zheng Huang is the founder and chief executive of budget e-commerce marketplace Pinduoduo (NASDAQ: PDD), whose shares have risen by 261% since January 2020. The market capitalization of Pinduoduo now stands near $220 billion. Chinese media have described Mr Huang as mysterious. It is not even known if he is married.
Colin Huang was born in Hangzhou and he studied computer science at Zhejiang University. Colin Zheng Huang has overtaken Tencent Holdings’ Pony Ma Huateng and Alibaba Group Holding’s (NYSE: BABA) Jack Ma to become China’s second-richest person with a net worth of $62.6 billion. Huang’s wealth is now second in China only to Zhong Shanshan.
Colin Huang, Pony Ma, and Jack Ma — managed to add $43 billion, $17.8 billion, and $3.97 billion to their wealth respectively in 2020.
These are the top 10 Chinese tech billionaires
- Colin Zheng Huang: $62.6 billion
- Pony Ma Huateng: $56.4 billion
- Jack Ma: $50.6 billion
- Lei Jun: $31.3 billion
- William Ding: $30.5 billion
- Zhang Yiming: $25 billion
- Zhang Zhidong: $24.2 billion
- Wang Xing: $21.8 billion
- Richard Liu: $19.7 billion
- Robin Li: $15.7 billion