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CEOWORLD magazine - Latest - Money and Wealth - Collective Net Worth of $165 Billion for China’s Top 4 Tech Moguls

Money and Wealth

Collective Net Worth of $165 Billion for China’s Top 4 Tech Moguls

China’s top four tech moguls, with a collective net worth of $165 billion, have established their companies as global powerhouses in e-commerce, social media, and online gaming, according to New Fortune magazine.

Colin Huang, the founder and CEO of Pinduoduo, is the wealthiest figure in China’s tech industry, with a net worth of $59 billion. Huang, 44, is a significant shareholder of PDD Holdings, which operates the Pinduoduo shopping platform. He holds a master’s degree in computer science and previously worked for Microsoft and Google in the U.S.

Zhang Yiming, 41, ranks second with a net worth of $47 billion. He owns a 21% stake in ByteDance, the parent company of TikTok, one of the world’s largest social media platforms with over one billion users globally. Zhang founded ByteDance in 2012 and stepped down as chairman in 2021.

Ma Huateng, 53, has a net worth of $29 billion. He is the chairman of Tencent Holdings, which operates WeChat, a messaging app with 1.3 billion users. Tencent is also the world’s largest video game vendor and holds stakes in U.S. video game company Epic Games and carmaker Tesla.

Jack Ma, 60, completes the list with a net worth of $28.5 billion. He founded Alibaba in 1999, now one of the world’s largest e-commerce companies. Ma resigned as executive chairman in 2019. His net worth has significantly declined from a peak of $48 billion in 2021.

These four industry leaders have not only driven technological advancements in China but have also left an indelible mark on the global digital landscape.

 

GDP (nominal)CapitalHead of StateHead of GovernmentGDP (nominal) per capitaGDP (PPP)GDP (PPP)GDP (PPP) per capita
ChinaBeijingXi JinpingLi Qiang17.700.89912.54135.004.00023.309

 

 

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CEOWORLD magazine - Latest - Money and Wealth - Collective Net Worth of $165 Billion for China’s Top 4 Tech Moguls
Anna Siampani
Anna Siampani, Lifestyle Editorial Director at the CEOWORLD magazine, working with reporters covering the luxury travel, high-end fashion, hospitality, and lifestyle industries. As lifestyle editorial director, Anna oversees CEOWORLD magazine's daily digital editorial operations, editing and writing features, essays, news, and other content, in addition to editing the magazine's cover stories, astrology pages, and more. You can reach Anna by mail at anna@ceoworld.biz