ByteDance's Zhang Yiming tops China's Hurun rich list with US$99.7 billion
Overview
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
- Oct 28, 3:55 AM ET · 1 articleHurun Rich List ranks Zhang Yiming, Liang Wenfeng and Wang Xingxing among China's richestX.PIN: Chinese AI founders Zhang Yiming, Liang Wenfeng and Wang Xingxing rank on Hurun Rich List
- Oct 27, 7:00 AM ET · 1 articleByteDance's Zhang Yiming tops China rich list with US$99.7 billionSouth 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.
X.PIN@thexpinXChinese AI founders Zhang Yiming, Liang Wenfeng and Wang Xingxing rank on Hurun Rich ListAIThe 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.

- South China Morning Post · TechNewsByteDance 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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