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ByteDance's Zhang Yiming tops China's Hurun rich list with US$99.7 billion

2 articles2 sourcessince Oct 27Last article 2h ago ·

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ByteDance founder Zhang Yiming has regained the title of China's richest person with a fortune of US$99.7 billion, up 43 per cent, according to the Hurun Research Institute.

The 28th Hurun China Rich List, released Tuesday, counts 1,529 individuals worth at least 5 billion yuan (US$750 million) as of September 1, up 6.6 per cent from last year and above the previous peak of 1,460 set in 2021, the South China Morning Post reports.

A follow-up X post lists DeepSeek founder Liang Wenfeng at No. 7 with US$41.7 billion and Unitree founder Wang Xingxing at US$10.3 billion. The post, from the account X.PIN, adds that Chinese executives often avoid top rankings because of the unwanted attention they bring; it does not cite a source for that claim.

Written by AI from the articles below · updated Oct 28, 4:25 AM ET

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Developments

2 developments

  1. Oct 28, 3:55 AM ET · 1 article
    Hurun Rich List ranks Zhang Yiming, Liang Wenfeng and Wang Xingxing among China's richest
    X.PIN: Chinese AI founders Zhang Yiming, Liang Wenfeng and Wang Xingxing rank on Hurun Rich List
  2. Oct 27, 7:00 AM ET · 1 article
    ByteDance's Zhang Yiming tops China rich list with US$99.7 billion
    South China Morning Post · Tech: ByteDance founder Zhang Yiming tops China rich list with US$99.7 billion

Article timeline

The articles in this story. Times are ET.

Oct 28
  1. X.PINX
    Chinese AI founders Zhang Yiming, Liang Wenfeng and Wang Xingxing rank on Hurun Rich List

    AIThe post lists ByteDance founder Zhang Yiming at No. 1 on the Hurun Rich List with $99.7 billion, DeepSeek's Liang Wenfeng at No. 7 with $41.7 billion, and Unitree's Wang Xingxing at $10.3 billion. It adds that Chinese executives often avoid top rankings because of the unwanted attention they bring.

    Image from @thexpin's post
Oct 27
  1. South China Morning Post · TechNews
    ByteDance founder Zhang Yiming tops China rich list with US$99.7 billion

    AIZhang Yiming, founder of ByteDance, has regained the title of China's richest person with a US$99.7 billion fortune, up 43 per cent, according to the Hurun Research Institute. The 28th Hurun China Rich List, released Tuesday, counts 1,529 individuals worth at least 5 billion yuan (US$750 million) as of September 1, up 6.6 per cent from last year and above the previous peak of 1,460 set in 2021.

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