The wealthiest people in China are tech people.

China has caught up to the US’ number of billionaires — with China hosting more than 600 of them in 2021.

The richest man in China, Zhong Shanshan, ranked 8th wealthiest in the world as of February 2021

However, while Zhong has made its fortune by founding the bottled water giant Nongfu Spring, most Chinese billionaires are operating in the tech space…

The tech industry has been the greatest producer of Chinese billionaires during the past 20 years — most of them are founders of China’s five biggest software companies: Huawei, JD.COM, China Mobile, Alibaba Group, and Tencent

1. As one of the most influential, #JackMa, founder (and rock star) of Alibaba Group from Hangzhou sits at 4th on the list with a fortune estimated at $48.4 billion

2. Colin Zheng Huang, the founder of #Pinduoduo, the e-commerce giant, with $55.3 billion

3. Zhang Yiming from #Douyin/TikTok with $35.6 billion

4. Ma Huateng, the founder of Tencent with $65.8 billion

The number of billionaire founders is rapidly increasing, and the rest of the world’s attention is beginning to shift towards the Chinese tech revolution.

With the country’s software industry anticipated to grow by $1.2 trillion in 2021, how many more billionaires do you think China will give birth to in the coming years?

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