The 10 richest people in China

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1. Zhong Shanshan – $57.1 Billion

Zhong Shanshan, often dubbed “the Lone Wolf” billionaire, maintains his position as the richest man in China in 2025. He made his fortune through two main ventures: Nongfu Spring, a bottled water giant, and Beijing Wantai Biological Pharmacy, a key player in diagnostics and pharmaceuticals. Despite his immense wealth, Zhong is known for keeping a remarkably low profile and shunning media attention. Nongfu Spring remains dominant in the Chinese beverage market, but it’s Zhong’s strategic moves in health-related biotech that fueled his recent surge in wealth. His companies have benefited from increased demand for health products and testing services, especially in a post-pandemic world. Zhong’s path to wealth has been entirely independent of China’s tech sector, making his story a stark contrast to many of his peers.


2. Zhang Yiming – $45.6 Billion

Zhang Yiming, the founder of ByteDance, rose to global prominence through the runaway success of TikTok. Although he stepped down from his CEO role in 2021, Zhang continues to shape ByteDance’s strategic direction and investments. In 2025, ByteDance expanded aggressively into AI-driven content platforms and enterprise services, further increasing its valuation. Zhang is credited with creating one of the world’s most sophisticated recommendation engines, which powers both TikTok and its Chinese counterpart, Douyin. His ability to blend entertainment with cutting-edge algorithms has redefined digital media consumption. Zhang’s wealth reflects the persistent global appetite for mobile content and data-driven personalization.


3. Ma Huateng (Pony Ma) – $44.6 Billion

Ma Huateng, commonly known as Pony Ma, is the co-founder and CEO of Tencent, one of China’s most influential tech firms. Under his leadership, Tencent has maintained its dominance in social media through WeChat and in gaming through investments in companies like Riot Games and Epic Games. In 2025, Tencent made significant inroads into artificial intelligence and healthcare tech, enhancing its portfolio and stabilizing its post-regulatory performance. Ma is known for his cautious and strategic style, often letting others take the spotlight while he maneuvers behind the scenes. Despite regulatory pressure from Chinese authorities in recent years, he has navigated the storm effectively. His continued focus on long-term innovation keeps Tencent resilient and profitable.


4. Robin Zeng – $38.7 Billion

Robin Zeng, founder and chairman of CATL (Contemporary Amperex Technology Co. Limited), is a central figure in the global electric vehicle (EV) revolution. CATL supplies batteries to major automakers worldwide, including Tesla, BMW, and Hyundai. In 2025, the company secured new contracts in Europe and Southeast Asia, helping Zeng’s wealth continue to grow. Zeng’s ability to innovate in battery chemistry and energy storage has kept CATL ahead of competitors like LG and Panasonic. He is a strong advocate for green energy policies and frequently collaborates with governments on sustainability initiatives. Zeng’s influence extends beyond business, as he helps shape the future of transportation and renewable energy in China and abroad.


5. Colin Huang – $35.9 Billion

Colin Huang, the reclusive founder of e-commerce platform Pinduoduo, re-entered public discourse in 2025 thanks to the global success of Temu, the company’s overseas shopping app. Known for pioneering social e-commerce in China, Huang’s platforms emphasize affordability and user engagement through interactive features. Even though he stepped away from day-to-day management in 2021, Huang still plays a pivotal role in the strategic direction of the company. His success lies in understanding middle- and lower-income consumers, a market often overlooked by other e-commerce giants. In 2025, Temu’s expansion into South America and Eastern Europe propelled the company’s growth. Huang’s innovative approach continues to reshape how the world shops online.


6. William Ding (Ding Lei) – $31.0 Billion

William Ding, founder and CEO of NetEase, has built a tech empire with deep roots in gaming, education, and cloud music. Under Ding’s leadership, NetEase has diversified successfully, particularly during periods when gaming regulations tightened in China. In 2025, NetEase’s international gaming revenues surpassed domestic sales for the first time, driven by hits in North America and Southeast Asia. Ding is known for his long-term vision and his knack for identifying creative talent within the gaming industry. He has also made large investments in online education platforms and AI-assisted learning, expanding NetEase’s reach into new sectors. His ability to pivot and innovate has ensured the company’s sustained relevance.


7. He Xiangjian – $27.7 Billion

He Xiangjian is the co-founder of Midea Group, one of the largest manufacturers of home appliances in the world. Midea’s success is rooted in its global supply chain and efficient manufacturing capabilities. In 2025, the company saw significant growth in its smart home and industrial automation divisions, aligning with global trends in IoT integration. He retired from day-to-day operations years ago, but his influence still resonates within the company’s culture and strategic choices. He is admired for building a global brand from humble beginnings in Guangdong province. He’s also become a philanthropist, focusing on environmental and educational causes across China.


8. Lei Jun – $25.3 Billion

Lei Jun, often called the “Steve Jobs of China,” is the founder and CEO of Xiaomi. Under his leadership, Xiaomi has grown from a smartphone startup into a consumer electronics powerhouse with products ranging from smart TVs to electric scooters. In 2025, the company gained attention for its electric vehicle (EV) project, which entered the Chinese market and received strong consumer reception. Lei’s strategy emphasizes affordability without compromising on quality, a model that has earned him loyal customers worldwide. He is known for his charisma and ability to connect with younger consumers through innovative marketing. Lei remains deeply involved in Xiaomi’s product design and branding, keeping the company’s vision tightly focused.


9. Jack Ma – $23.8 Billion

Jack Ma, the co-founder of Alibaba Group, remains a towering figure in China’s tech scene despite stepping back from leadership roles. After a period of relative silence following regulatory scrutiny, Ma has re-emerged as a global philanthropist and mentor to entrepreneurs. His net worth, though slightly reduced from its peak, still reflects his vast influence in e-commerce and fintech. In 2025, he invested heavily in green technologies and education initiatives across Asia and Africa. Ma is also writing and speaking more frequently on entrepreneurship and innovation. Though less involved in corporate affairs, he remains a cultural icon and source of inspiration for a generation of Chinese business leaders.


10. Wang Chuanfu – $20.6 Billion

Wang Chuanfu is the founder and CEO of BYD, a major Chinese automaker with a sharp focus on electric vehicles and battery technology. In 2025, BYD overtook several global competitors in EV sales, particularly in Latin America and India. Wang’s engineering background gives him a unique edge in understanding the technical and operational aspects of the business. He’s also played a critical role in making EVs more accessible to average consumers through aggressive pricing and innovation. Under Wang, BYD has also become a leading player in solar power and energy storage systems. His success is rooted in a strong belief in sustainable development and strategic government partnerships.


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