Colin Huang Zheng

Colin Huang, commonly known as Huang Zheng, is the founder and CEO of Pinduoduo, a wealthy Chinese businessman. Pinduoduo is China's largest agriculture-focused technology platform and a leading e-commerce platform. The major goal of Pinduoduo is to link farmers and distributors with consumers directly and to give an interactive purchasing experience.

Over 600,000 merchants have used the site to sell their goods, with over 12 million farmers supplying the merchants with fruits and vegetables. Bloomberg reports that the network has over 628 million users and generated $4.2 billion in revenue in 2019. Colin Huang Zheng is also the founder of two additional well-known internet businesses: Xinyoudi (a game company) and Ouku.com (an e-commerce platform).

The businessman has progressively increased his wealth in recent years, rising from 94th place in 2019 to 57th place in 2020 and then to 21st place in 2021. Colin Huang's net worth is US $55.30 billion as of October 16, 2021, making him one of China's wealthiest people and Asia's 4th wealthiest.

Net worth: US $55.3 billion

Country: China