Zhang Yiming Reclaims Title of China's Richest Person with 670 Billion Yuan Fortune, Setting a New Record
The Hurun Research Institute released the "2026 Hurun Rich List" on October 27. Zhang Yiming, the 43-year-old founder of ByteDance, saw his wealth increase by 200 billion yuan, reaching 670 billion yuan to become China's richest person for the second time, setting a new record for the top fortune. The company's rising valuation, driven by progress in its AI business, contributed to this achievement. Zhong Shanshan of Nongfu Spring dropped to second place with a fortune of 410 billion yuan.
Zhang Yiming Regains Title of China's Richest Person with a Net Worth of 670 Billion Yuan, Setting a New Record
On October 27, Hurun Research Institute released the "2026 Hurun Rich List." Zhang Yiming, the 43-year-old founder of ByteDance, saw his wealth increase by 200 billion yuan, reaching 670 billion yuan and making him China's richest person for the second time, setting a new record for the wealthiest individual. The progress of the company's AI business has driven up its valuation.
Zhong Shanshan of Nongfu Spring saw his wealth shrink by 120 billion yuan, dropping him to second place with a net worth of 410 billion yuan. This year, 1,529 entrepreneurs made the list, with a combined wealth of 32 trillion yuan, a 7% year-on-year increase. Liang Wenfeng, the founder of DeepSeek, entered the list for the first time at seventh place with a net worth of 280 billion yuan.
Hurun Rich List
https://www.hurun.net/zh-CN/Info/Detail?num=NQ4RKN4DO34P
