Colin Huang, the low-profile Chinese language tech billionaire behind the e-commerce juggernaut Pinduoduo and its worldwide offshoot Temu, has seen his fortune rise by $4.37 billion up to now in 2025, boosting his internet price to an estimated $38.6 billion.
The 45-year-old entrepreneur, who famously retired at age 33 after affected by an ear an infection and deciding to pursue scientific analysis, is now among the many wealthiest figures in China’s tech scene.
His fortune is tied virtually fully to his 25% stake in Pinduoduo (PDD), the Shanghai-based firm that has grown into certainly one of China’s main on-line marketplaces.
Pinduoduo reported 2024 revenues of 394 billion yuan (roughly $54.7 billion), fueled by continued progress in each home and abroad operations. Whereas Huang stepped down as CEO in 2020 and as chairman in 2021, he stays the corporate’s largest shareholder, holding his stake by two British Virgin Islands-based entities, Walnut Road Funding and Walnut Road Administration.
His fortune has fluctuated lately, dropping by $680 million, or 2%, on Might 7 alone, as PDD shares slipped 2.3% on the Nasdaq to $108.76. Nonetheless, the inventory is up roughly 12% for the 12 months, regardless of being down 18% from its 2025 peak in mid-March.
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Launched in late 2022, Temu Pinduoduo’s world buying platform has been a breakout hit in america, briefly topping app obtain charts all through 2023. Its speedy rise was powered by an aggressive promoting blitz, together with back-to-back Tremendous Bowl advert buys, and a enterprise mannequin that permits Chinese language distributors to ship on to shoppers at rock-bottom costs.
- Though U.S. shopper utilization of Temu has dipped from a excessive of 27% in September 2023 to 19% in April 2025. A latest report by Morgan Stanley urged that Temu is on monitor to realize profitability this 12 months, a key milestone that might additional bolster investor confidence in PDD inventory.
- Behind the scenes, Huang has redirected a lot of his private focus towards analysis in meals and life sciences. Upon stepping down from PDD management, he transferred a mixed 12.8% stake within the firm to numerous charitable and institutional recipients, strikes that lowered his reported internet price by over $10 billion on the time. That features a 2.4% donation to an irrevocable charitable belief and a 7.7% switch to the Pinduoduo Partnership, aimed toward supporting scientific inquiry.
As PDD prepares to report first-quarter earnings later this month, market watchers are eyeing each the efficiency of its core Chinese language platform and the continuing evolution of Temu’s world technique. Whereas Colin Huang could stay largely out of the general public eye, his affect on world e-commerce and his rising fortune are onerous to disregard.
