Update on the assets of the 5 richest billionaires in China

Minh Huy |

Forbes' list of world billionaires on May 20, 2026 records the "huge" assets of the 5 richest billionaires in China.

1. Mr. Zhang Yiming (69.3 billion USD) - Leading thanks to digital technology

According to Forbes' list of global billionaires, Mr. Zhang Yiming is currently the richest billionaire in China, ranked 27th in the global ranking. His assets reached 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.

 Chân dung những tỉ phú giàu nhất Trung Quốc, trong đó, ông Zhang Yiming dẫn đầu. Đồ họa: Minh Huy
Portraits of the richest billionaires in China, in which Mr. Zhang Yiming leads. Graphics: Minh Huy

2. Mr. Zhong Shanshan (62.8 billion USD) - The sole representative from the traditional consumer industry

Ranked second in the mainland market is Mr. Zhong Shanshan with assets worth 62.8 billion USD, ranked 31st in the world.

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.

3. Mr. Ma Huateng ($48.3 billion) - Power from the Internet "ecosystem

The former richest king of China - Mr. Ma Huateng (Pony Ma) currently holds assets worth 48.3 billion USD, ranking 38th in the world and holding the position of 3rd richest person in this country.

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.

4. Mr. William Ding (37.8 billion USD) - Strong growth from online entertainment

Ranked 56th in the global super-rich ranking and 4th in China is Mr. William Ding, with assets reaching 37.8 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.

5. Mr. Colin Huang ($34.3 billion) - The Rise of Cheap E-commerce

Closing the top 5 list is Mr. Colin Huang with assets worth 34.3 billion USD, ranked 65th globally.

Mr. Colin Huang is the founder of PDD Holdings, an e-commerce group that changed its name from Pinduoduo in 2023. This is a unit that owns the global shopping application Temu, a business model that is strongly expanding in many international supply chains.

Minh Huy
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