China’s third richest man is one of the country’s youngest billionaire entrepreneurs. Colin Zheng Huang, age 40, founded online discount platform Pinduoduo in 2015 and took the e-commerce firm public on the Nasdaq in 2018. Following a 14.5% surge in share price that boosted Huang’s fortune by $4.5 billion, Huang is now worth $35.6 billion, according to Forbes — becoming the 25th richest person in the world.
In net worth terms, that puts him behind two giant Chinese internet titans: Tencent chairman Ma Huateng (worth $46.4 billion) and Alibaba cofounder Jack Ma (worth $41.3 billion.)
In net worth terms, that puts him behind two giant Chinese internet titans: Tencent chairman Ma Huateng (worth $46.4 billion) and Alibaba cofounder Jack Ma (worth $41.3 billion.)
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