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Aug 13, 2024 · Huang, the founder of PDD Holdings — which owns Temu and Chinese retail app Pinduoduo — is now worth USD 48.6 billion, according to the Bloomberg Billionaires Index.
- Lifestyle Asia
After the public offering was floated on NASDAQ, Huang's 47% stake in Pinduoduo was valued at $14 billion, making him the thirteenth richest person in China. [22] [13] [23] On 1 July 2020, Huang stepped down as CEO of Pinduoduo but retained his titular position as the company's chairman.
Aug 9, 2024 · Colin Huang, who founded Pinduoduo in 2015, is now worth $48.6 billion, overtaking bottled water tycoon Zhong Shanshan.
Aug 8, 2024 · Huang, 44, clinched the crown Thursday with wealth of $46.9 billion, according to Forbes estimates. The mogul stepped down as chairman of PDD Holdings in 2021 but continues to derive his net...
- What Is Colin Huang's Net Worth?
- Early Life
- Pinduoduo
- Philanthropy
Colin Huang is a Chinese businessman, philanthropist, and investor who has a net worth of $49 billion. Colin Huang is best known for being the founder and former CEO of Pinduoduo, China's largest e-commerce platform. Pinduoduo is owned by PDD Holdings, which also owns e-commerce giant Temu. Huang is one of the richest Chinese people in the world. A...
Colin Huang was born Huang Zheng on January 1, 1980, in Zhejiang, China. He grew up in a middle class family, and his parents were factory workers. Colin was educated at Hangzhou Foreign Language School, and when he was 18, he enrolled at Zhejiang University's Chu Kuchen Honors College, where he studied computer science. As a college freshman, Huan...
Huang landed internships at Google and Microsoft, and Google hired him as an engineer in 2004. He returned to China in 2006 to expand Google's services there. Colin resigned from the company in 2007, then he launched Oku, an e-commerce website. In 2010, he sold Oku for $2.2 million. In 2015, Huang founded Pinduoduo, and two years later, the company...
By mid-2020, Colin had reduced his Pinduoduo stake to just over 29% after he donated 7.74% to the Pinduoduo Partnership and 4.74% to charitable organizations. In 2021, he was ranked #1 on the "Hurun China Philanthropy List" due to him pledging to donate $1.85 billion to scientific research and social responsibility projects. Huang and his Pinduoduo...
- Celebrity Net Worth
Aug 14, 2024 · Temu tycoon Colin Huang has become China's richest man and is now worth USD 48.6 billion, according to the Bloomberg Billionaires Index.
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Aug 27, 2024 · Colin Huang, founder of Chinese e-commerce behemoth PDD Holdings, lost his crown as the country’s richest billionaire after his net worth plunged $14.1 billion in a single day after the...
