Colin Huang, the Chinese language tech billionaire behind Pinduoduo and its worldwide department, Temu, has seen his wealth improve by $4.37 billion in 2025, bringing his complete internet price to $38.6 billion.
At 45 years previous, Huang is likely one of the richest folks in China’s tech trade. His fortune comes principally from his 25% stake in Pinduoduo, a significant on-line procuring platform based mostly in Shanghai.
Huang’s journey is exclusive. After retiring early at age 33 on account of a well being problem and taking time to concentrate on scientific analysis, Huang got here again to the enterprise world. He began Pinduoduo, which is now one of many high on-line marketplaces in China.
In 2024, Pinduoduo made 394 billion yuan (round $54.7 billion) in income, with progress in each China and worldwide markets. Regardless that Huang stepped down from the CEO and chairman roles in 2020 and 2021, he nonetheless holds a big share of the corporate by two British Virgin Islands-based firms, Walnut Avenue Funding, and Walnut Avenue Administration.
Huang’s wealth has fluctuated just lately, dropping by $680 million in Could 2025 when Pinduoduo’s inventory dropped by 2.3%. Nevertheless, the inventory remains to be up about 12% for the yr, regardless of being 18% decrease than its peak in March 2025.
Other than Pinduoduo, Huang has additionally benefited from Temu, a world procuring platform launched by Pinduoduo in 2022. Temu shortly grew to become standard within the U.S., partly because of an aggressive advertising marketing campaign, together with Tremendous Bowl adverts. Whereas the variety of U.S. customers dropped from 27% to 19% in 2025, Temu is on monitor to change into worthwhile, which might increase Huang’s wealth much more and encourage confidence in Pinduoduo’s inventory.
Nowadays, Huang is focusing extra on analysis in meals and life sciences. After stepping down from his management function at Pinduoduo, Huang donated 12.8% of his stake within the firm, which included a 2.4% donation to a charitable belief and seven.7% to help scientific analysis. These donations initially brought about his internet price to drop by greater than $10 billion, however his long-term technique continues to form his wealth.
As Pinduoduo prepares to launch its first-quarter earnings, traders are paying shut consideration to the efficiency of its most important platform in China and the expansion of Temu. Whereas Huang stays out of the highlight, his rising affect in international e-commerce and rising wealth have gotten an increasing number of noticeable.