Colin Huang: The visionary behind Temu

Colin Huang is the head of Temu and Pingduoduo and is currently the richest man in China.

Not a touch of Paris, but of Anhui: Temu and Pingduoduo boss Colin Huang does not focus on luxury with his sales apps, but on the things that people away from the big cities need. With success: He is now China’s wealthiest person.

China has a new richest man: Colin Huang, the founder of Pinduoduo and Temu, has overtaken the previous leader Zhong Shanshan, the founder of Nongfu Spring, with an estimated fortune of 48.6 billion US dollars. This rise is all the more remarkable, considering that Huang only founded Pinduoduo in 2015 and is now, less than a decade later, at the top of the Chinese business elite.

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