[베이징=뉴스핌] Correspondent Cho Yong-seong = Zhang Yiming (張一鳴), the founder of ByteDance (Chinese name Zizhe Tiaodong, 字節跳動), the parent company of TikTok, has become China’s richest person.
According to the ‘Hulun Top 100 Richest Rankings’ published by China’s Hurun Research Institute on the 29th, Zhang Yiming’s wealth recorded 350 billion yuan (67 trillion won), a 43% increase from the previous year, ranking first among China’s richest people, China’s First Finance Newspaper reported. This was reported on the 30th.
Hurun Research Institute has calculated the value of corporate shares as of August 30 every year and published a ranking of the top 100 richest people. This survey is the 26th. Personal assets are not calculated, and only the confirmed equity value is calculated.
ByteDance is an unlisted company, and Hurun Research Institute calculated Zhang Yiming’s wealth by estimating its corporate value. Considering that Zhang Yiming owns a 20% stake in ByteDance, it can be estimated that Hurun Research Institute calculated ByteDance’s corporate value at 1.75 trillion yuan (336 trillion won).
Hurun Research Institute said, “Zhang Yiming is the first self-made businessman born since the 1980s to rise to the top of the list of richest people.”
Second place among the richest people was Zhong Shanshan, founder and chairman of Nongfu Shanquan. Zhong Shanshan’s assets amounted to 340 billion yuan, a 24% decrease from the previous year.
Third place was Tencent Chairman Ma Huateng, with 315 billion yuan. Hurun Research Institute explained, “Chairman Ma Huateng’s stake value increased by 13% as Tencent achieved outstanding results in gaming, advertising, and cloud businesses.”
Huang Zheng, founder of Pinduoduo, the parent company of global online shopping mall Temu, ranked fourth. Huang Zheng’s wealth was 245 billion yuan, down 9% from the previous year.
In fifth place was the He Xiangjian family of Midea, a Chinese home appliance company, with a net worth of 235 billion yuan.
CATL (Ningdedai) Chairman Zeng Yuqun (曾毓群) ranked 6th with 200 billion yuan, a 20% decline from the previous year. CATL’s corporate value declined due to oversupply of semiconductors and intensifying competition.
The fortune of Ding Lei, chairman of IT company Wangyi.com, was tied for sixth place with 200 billion yuan, down 17% from the previous year. Hong Kong’s richest man, Li Ka-shing, also tied for sixth place with a fortune of 200 billion yuan.
The Li Xiaoji family of Hong Kong real estate company Hengji Zhaoye ranked 9th with 175 billion yuan, and Alibaba founder Jack Ma’s family ranked 10th with 165 billion yuan.
