Who is Colin Huang, China’s richest person

Colin Huang, founder of PDD Holdings, played a crucial role in making Pinduoduo one of China’s top e-commerce platforms. Established in 2015, it went public in 2018. Huang continued expanding his ventures by launching Temu in the US in 2022. As of August 2024, his net worth reached $46.9 billion, crowning him the wealthiest individual in China.