Colin Huang

The year 2024 marked a significant increase in the net worth of the world’s wealthiest individuals, particularly those in the tech sector. What Happened: 2024 wasn’t a year of financial prosperity for all, with some billionaires in the luxury retail sector experiencing substantial...

Colin Huang, the founder of e-commerce giant PDD Holdings (NASDAQ:PDD) has overtaken bottled-water magnate Zhong Shanshan to become China’s richest person. What Happened: Huang's net worth has soared to $48.6 billion, surpassing Shanshan's $47.4 billion, reported Bloomberg. This follows the...