PDD’s Colin Huang becomes China’s second-richest billionaire, outpaces Tencent and ByteDance founders

PDD’s Colin Huang becomes China’s second-richest billionaire, outpaces Tencent and ByteDance founders

PDD’s low-profile creator Colin Huang has actually gone up 3 locations in the Hurun wealth rankings to end up being China’s second-richest billionaire, followed by Tencent creator Pony Ma and ByteDance creator Zhang Yiming, according to the current report from Hurun Research Institute. Huang’s fortune stands at $53 billion based upon mid-January 2024 worths, a boost of 71% from a year previously, thanks to PDD’s domestic and global service successes. Huang’s wealth development has actually permitted him to leap to 24th put on the worldwide abundant list, up from 39th a year prior.[[Hurun Research Institute]

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