5 richest billionaires in China, TikTok's "father" in top 30 global

Minh Huy |

The list of the richest billionaires in China records the 5 richest people, including: Zhang Yiming, Zhong Shanshan, Ma Huateng, William Ding, and He Xiangjian.

Mr. Zhang Yiming - "Father" of TikTok

Forbes updates the list of global billionaires (June 9, 2026), Mr. Zhang Yiming owns assets worth 69.3 billion USD.

Mr. Zhang Yiming is the co-founder of the technology group ByteDance. This business is globally famous for its short video sharing application TikTok, which has now surpassed the 1 billion active users worldwide mark, creating a huge chain of value and jobs in the content creation economy.

Currently, he is the richest person in China; and ranks 28th in the list of the richest billionaires in the world.

Mr. Zhong Shanshan - founder and Chairman of Nongfu Spring

Next is Mr. Zhong Shanshan - with assets worth 60.5 billion USD. He is ranked 34th in Forbes' ranking of the super-rich. He is also the 2nd richest person in China.

Mr. Zhong Shanshan is the founder and Chairman of Nongfu Spring, China's largest bottled water company. Unlike the remaining billionaires in the top 5, his assets come from traditional manufacturing and consumption. This business successfully listed shares on the Hong Kong Stock Exchange (China) in 2020.

Mr. Ma Huateng - Chairman and CEO of Tencent Holdings

Next is Mr. Ma Huateng (Pony Ma) currently holding assets worth 47.9 billion USD.

Mr. Ma Huateng is Chairman and CEO of Tencent Holdings. This is the leading Internet and value-added service group in China, operating the super app WeChat and owning a video game business with revenue scale among the top in the world.

With this fortune, Ma Huateng ranks 38th in the world billionaire list and 3rd in China.

Mr. William Ding - founder and CEO of NetEase

Ranked 52nd in the global super-rich ranking and 4th in China is Mr. William Ding, with assets of 39 billion USD.

He is the founder and CEO of NetEase. Under his leadership, NetEase has developed into one of the largest online game companies in the world, a direct competitor to Tencent in both domestic and international markets.

Mr. He Xiangjian and his family

Closing the list of the top 5 richest people in China is Mr. He Xiangjian and his family with assets worth 34.8 billion USD. He is ranked 61st globally.

Mr. He Xiangjian has built Midea Group into one of the largest household appliance manufacturers in the world. In 2012, he resigned as Chairman of Midea Group.

Minh Huy
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