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China’s Richest People in 2026: The Billionaires Behind China’s Biggest Companies

China’s richest people in 2026 include Zhang Yiming, Zhong Shanshan, Ma Huateng, William Ding and Colin Huang. Explore the fortunes, companies and industries behind China’s billionaire economy, from AI and technology to e-commerce, beverages, gaming and manufacturing.

ZR
Zoe Reedauthor
10 min read
China’s Richest People in 2026: The Billionaires Behind China’s Biggest Companies

Photo illustration | Getty Images

China remains one of the world’s most important centers of billionaire wealth, technology, manufacturing and entrepreneurship. From TikTok’s global rise to Tencent’s dominance in gaming and messaging, Chinese entrepreneurs have built some of the most valuable businesses on the planet.

According to Forbes’ 2026 World’s Billionaires data, China had 539 mainland Chinese billionaires, up from 450 in 2025. Their combined wealth reached approximately $2.2 trillion, making China the country with the second-largest billionaire population after the United States.

The wealth of Chinese billionaires has also recovered strongly. Forbes reported that their collective fortune increased by about 31% from the previous year, helped by rising Chinese stock markets, artificial intelligence investment and stronger optimism around several major technology and consumer companies.

At the top of the ranking is Zhang Yiming, the cofounder of ByteDance, the company behind TikTok and several major technology products.

Top 10 Richest Chinese Billionaires in 2026

Forbes’ 2026 ranking, based on wealth as of March 1, 2026, lists the following as China's 10 richest citizens:

Rank

Billionaire

Main Source of Wealth

Net Worth

1

Zhang Yiming

Internet Media / ByteDance

$69.3B

2

Zhong Shanshan

Beverages / Pharmaceuticals

$68.1B

3

Ma Huateng

Technology / Gaming

$53.8B

4

William Ding

Online Games

$37.9B

5

Colin Huang

E-commerce

$36.6B

6

Zheng Shuliang & family

Aluminum

$33.2B

7

He Xiangjian & family

Home Appliances

$33.2B

8

Jack Ma

E-commerce

$29.1B

9

Lei Jun

Smartphones / Automobiles

$27.9B

10

Yu Yong

Mining

$25.4B

Note: Billionaire net worth changes with stock prices, private-company valuations and exchange rates. These figures are Forbes’ March 1, 2026 estimates rather than live wealth figures.


1. Zhang Yiming — China’s Richest Person

Zhang Yiming is China's richest person on Forbes' 2026 annual ranking, with an estimated fortune of $69.3 billion.

Zhang is the main cofounder of ByteDance, the technology company behind TikTok and a wide range of internet products.

ByteDance has become one of China's most important technology companies, expanding beyond social media into e-commerce, gaming, education, news and artificial intelligence.

One of the biggest developments surrounding Zhang's fortune has been ByteDance's growing investment in AI.

Its Doubao AI assistant has become one of China's most widely used AI products, while the company's AI development has attracted global attention.

ByteDance also became a major player in generative video AI with its Seedance models, highlighting China's growing competition with American AI companies.

Zhang stepped down as ByteDance's chairman in 2021, but he remains a major shareholder.

Forbes also reported that a deal concerning TikTok's U.S. operations was finalized in 2026, removing an important uncertainty surrounding ByteDance's international business.

Why Zhang Yiming Matters

Zhang's story represents the enormous wealth that China's internet economy has created.

His fortune was built primarily through technology, rather than traditional industries such as property or manufacturing.


2. Zhong Shanshan — The Bottled Water Billionaire

Zhong Shanshan ranks second among China's richest people, with a Forbes-estimated fortune of $68.1 billion.

Zhong is the founder and chairman of Nongfu Spring, one of China's largest bottled-water and beverage companies.

His journey was unusual compared with many technology billionaires.

He dropped out of elementary school during China's Cultural Revolution and later worked as a construction worker, newspaper reporter and beverage sales agent before starting his own business.

Zhong later expanded his business interests into pharmaceuticals through Wantai Biological.

His fortune demonstrates that China's consumer economy can create enormous wealth outside the technology sector.

Nongfu Spring has become one of China's best-known beverage brands, while Zhong's pharmaceutical interests provide another major source of wealth.


3. Ma Huateng — The Man Behind Tencent

Ma Huateng, also known as Pony Ma, ranks third with an estimated fortune of $53.8 billion.

He is the chairman and CEO of Tencent Holdings, one of China's largest technology companies.

Tencent is best known internationally for WeChat, its enormous social messaging and digital-services platform.

The company is also one of the world's largest video-game publishers.

Tencent's gaming portfolio includes major titles such as Honor of Kings, while the company has invested heavily in artificial intelligence to compete with China's rapidly growing AI sector.

Ma's wealth is therefore connected to several of the most powerful areas of China's digital economy:

  • Social media

  • Mobile payments

  • Gaming

  • Digital entertainment

  • Cloud computing

  • Artificial intelligence

  • Online services

Tencent's enormous user base gives Ma a unique position within China's technology industry.


4. William Ding — Gaming Billionaire

William Ding is China's fourth-richest person on Forbes' 2026 list, with an estimated fortune of $37.9 billion.

Ding founded NetEase, one of China's most successful online gaming companies.

NetEase has developed and published numerous games for Chinese and international markets.

The company's success demonstrates the enormous scale of China's gaming industry.

According to Forbes, NetEase reported approximately $16.1 billion in revenue in 2025, while net income reached about $4.8 billion.

Ding has also been adjusting the company's international strategy, focusing investment on a smaller number of gaming projects.


5. Colin Huang — PDD and the E-Commerce Revolution

Colin Huang ranks fifth, with a Forbes-estimated fortune of $36.6 billion.

Huang founded PDD Holdings, the parent company associated with Pinduoduo and Temu.

PDD's business model helped transform Chinese e-commerce by emphasizing discounts, social shopping and value-focused consumers.

Temu subsequently expanded internationally, bringing the company's low-price e-commerce strategy to consumers around the world.

However, Huang's wealth declined compared with the previous year amid regulatory and competitive pressures surrounding PDD and Temu. Forbes estimated his fortune at $36.6 billion as of March 1, 2026.

His career demonstrates how quickly fortunes can change in the technology and e-commerce sectors.


6. Zheng Shuliang & Family — China’s Aluminum Fortune

Zheng Shuliang and his family have built their wealth through the aluminum industry.

Forbes estimated their fortune at $33.2 billion in 2026.

Zheng is vice chairman of China Hongqiao Group, one of China's major aluminum producers.

The company has benefited from rising demand for aluminum, including demand associated with infrastructure and the construction of AI data centers.

This is an important reminder that AI does not only create fortunes for software developers.

The AI boom also increases demand for:

  • Electricity

  • Data centers

  • Aluminum

  • Copper

  • Semiconductors

  • Construction materials

  • Cooling systems

  • Industrial infrastructure

Traditional industries can therefore benefit enormously from new technology trends.


7. He Xiangjian & Family — Home Appliance Empire

He Xiangjian and his family also have an estimated fortune of $33.2 billion.

He founded Midea, one of China's biggest home-appliance companies.

Midea produces products across the home-appliance sector and has increasingly expanded into areas such as robotics and new energy.

He stepped down as chairman in 2012 but remains wealthy primarily because of his stake in the company.

His story shows how China's manufacturing economy has produced some of the country's largest private fortunes.


8. Jack Ma — The Most Famous Chinese Entrepreneur

Jack Ma ranks eighth on Forbes' 2026 list, with an estimated fortune of $29.1 billion.

Ma cofounded Alibaba, which became one of China's largest e-commerce and technology companies.

His rise from an English teacher to one of China's best-known entrepreneurs made him an international symbol of Chinese entrepreneurship.

Although Ma stepped down as Alibaba's chairman in 2019, he continues to hold a stake in the company.

Alibaba has increasingly focused on artificial intelligence.

Forbes reported that Alibaba had raised its AI-related budget to more than $50 billion, reflecting the enormous competition among Chinese technology companies to become leaders in AI.


9. Lei Jun — Xiaomi’s Technology Entrepreneur

Lei Jun ranks ninth with a Forbes-estimated fortune of $27.9 billion.

Lei Jun cofounded Xiaomi, which became one of China's best-known smartphone companies.

But Xiaomi is no longer simply a smartphone manufacturer.

The company has expanded into electric vehicles, creating another major growth opportunity for Lei.

Its SU7 electric sedan has helped Xiaomi establish itself as a serious participant in China's highly competitive electric-vehicle market.

However, Forbes noted that Lei's fortune had declined significantly over the year because Xiaomi faced higher memory-chip costs and intense competition in both smartphones and electric vehicles.


10. Yu Yong — The Mining Billionaire

Yu Yong rounds out China's top 10 richest people with an estimated fortune of $25.4 billion.

Yu is chairman and CEO of Cathay Fortune Corp., an investment company with interests in mining.

His fortune rose dramatically compared with the previous year, according to Forbes.

One major factor was his company's investment in CMOC Group, a major producer of copper and molybdenum.

The rise in copper demand is particularly interesting because the global technology boom is increasing demand for industrial metals.

AI data centers, electricity networks, electric vehicles and renewable-energy infrastructure all require substantial amounts of metals.


China’s Billionaire Wealth Is Being Driven by AI

Artificial intelligence has become one of the most important themes behind China's billionaire economy.

Forbes reported that China's stock markets benefited from optimism surrounding AI advances in 2026.

Several Chinese companies are investing aggressively in AI models, chips, cloud infrastructure and applications.

Major technology companies such as ByteDance, Tencent and Alibaba are competing to build AI products that can attract hundreds of millions of users.

New AI companies are also producing billionaires.

For example, Forbes identified Liu Debing, chairman of AI model developer Zhipu, as China's richest newcomer in 2026, with an estimated fortune of $9.1 billion. MiniMax Group's Yan Junjie also entered the billionaire ranks with an estimated fortune of $7.2 billion.

This suggests that China's next generation of billionaires may increasingly come from artificial intelligence.


China’s Billionaires Are Not All Technology Entrepreneurs

Although technology dominates headlines, China's wealthiest people represent a surprisingly broad range of industries.

The country's billionaire economy includes:

Technology

ByteDance, Tencent, NetEase, Xiaomi and Alibaba have created enormous fortunes.

Consumer Goods

Zhong Shanshan built his fortune through beverages and pharmaceuticals.

Manufacturing

Midea and other industrial companies have created multibillion-dollar family fortunes.

E-Commerce

Alibaba and PDD demonstrate the enormous size of China's online shopping market.

Mining and Metals

Yu Yong and Zheng Shuliang illustrate how commodities continue to create massive fortunes.

This diversity makes China's billionaire economy different from simply being a technology story.


China Has the World’s Second-Largest Billionaire Population

Forbes counted 539 billionaires in mainland China in its 2026 annual ranking.

Only the United States had more, with 989.

When Hong Kong is included, greater China had 610 billionaires, compared with 516 the previous year.

Forbes estimated the combined wealth of Chinese billionaires at approximately $2.2 trillion.

That places China firmly at the center of the global billionaire economy.


What the Future Could Look Like

China's billionaire population could continue changing as artificial intelligence, robotics, electric vehicles, batteries and advanced manufacturing develop.

Some traditional industries may produce new fortunes because of technology-driven demand.

For example, AI data centers require huge quantities of electricity, metals, cooling equipment and construction materials.

At the same time, consumer technology companies will continue competing for China's enormous domestic market.

The next wave of Chinese billionaire wealth could therefore come from a combination of:

  • Artificial intelligence

  • Robotics

  • Electric vehicles

  • Batteries

  • Semiconductors

  • E-commerce

  • Gaming

  • Biotechnology

  • Advanced manufacturing

  • Data centers


Final Thoughts

China's richest people in 2026 demonstrate how dramatically the country's economy has transformed.

Zhang Yiming built a global internet empire through ByteDance.

Zhong Shanshan created enormous wealth through beverages and pharmaceuticals.

Ma Huateng transformed digital communication and gaming through Tencent.

William Ding became one of the world's most successful gaming entrepreneurs.

Colin Huang disrupted e-commerce through PDD.

Jack Ma helped turn Alibaba into a global technology powerhouse.

Lei Jun expanded Xiaomi from smartphones into electric vehicles.

Meanwhile, entrepreneurs such as Yu Yong and Zheng Shuliang show that mining and industrial materials remain powerful sources of wealth.

The biggest theme connecting many of these fortunes is innovation.

China's billionaire economy is increasingly being shaped by artificial intelligence, digital services, consumer technology and advanced manufacturing. If these industries continue to expand, they could create an entirely new generation of Chinese billionaires over the coming decade.

For now, Zhang Yiming remains at the top of China's 2026 annual billionaire ranking, while the country's 539 mainland billionaires collectively control an estimated $2.2 trillion in wealth.

Topics

China’s richest peoplerichest people in ChinaChina AI billionaires

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