Yue Wang

Senior Contributor|Asia

I cover Chinese billionaires, and help to compile the China Rich List as well as Under30 list in Asia. I contribute to Forbes, and previously I freelanced for SCMP and Nikkei. Prior to Beijing, I spent six months as an intern at TIME magazine's Hong Kong office. I am a graduate

SOCIAL
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PREMIUM9,406 viewsAug 8, 2024

Colin Huang Of Shopping Giant PDD Holdings Becomes China’s Richest

Colin Huang, founder of e-commerce behemoth PDD Holdings, briefly replaced beverage giant Nongfu Spring’s founder Zhong Shanshan as China’s richest tycoon.

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PREMIUM2,026 viewsAug 5, 2024

Evergrande Tries To Recover $6B From Founder Hui Ka Yan, Ex-Wife

Hui Ka Yan, founder of China Evergrande Group, and several other figures are being asked to pay back $6 billion, including Hui’s ex-wife Ding Yumei.

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PREMIUM1,928 viewsJul 31, 2024

China’s Second-Richest Man, Colin Huang, Faces Online Vendors Crisis

PDD Holdings, founded by China’s second-richest billionaire Colin Huang, is facing a crisis after vendors on its Temu e-commerce platform protested shabby treatment.

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PREMIUM4,926 viewsJul 10, 2024

China’s Richest, Zhong Shanshan, Loses $20 Billion Over Cheap Water

Zhong Shanshan, the founder of Chinese beverage giant Nongfu Spring, has seen his wealth shrink by as much as $20 billion since early May.

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PREMIUM4,277 viewsJul 2, 2024

Ex-China Fisheries Clerk Becomes Billionaire With ‘Hermès Of Jewelry’

Xu Gaoming, who started his career as a clerk in a local fisheries bureau in the 1980s, is China’s newest billionaire after the successful listing of his Laopu Gold jewelry company in Hong Kong last week.