Meet China's richest man: 10 points on E-commerce tycoon Colin Huang who was once a Google employee

Colin Huang has overtaken Zhong Shanshan, boss of beverage company Nongfu Spring who had topped the list since April 2021.

China's richest man now is e-commerce tycoon Colin Huang who moved from being a Google employee to starting his shopping site Temu that tapped into the country's market with its low prices. Founder of PDD Holdings- which owns Temu and Chinese retail app Pinduoduo- Colin Huang is now worth $48.6 billion, the Bloomberg Billionaires Index said. Here are ten points on Colin Huang:

Colin Huang is now worth $48.6 billion, the Bloomberg Billionaires Index said.

1. He has overtaken Zhong Shanshan, boss of beverage company Nongfu Spring who had topped the list since April 2021.

2. Colin Hunag is now world's 25th wealthiest person and the richest in China.

3. He is followed by Ma Huateng, known as Pony Ma- head of tech giant Tencent- whose WeChat is often described as China's "everything app".

4. Founder of Bytedance Zhang Yiming, who owns the massively popular TikTok video sharing platform, is next in the list.

5. Colin Huang was born in 1980 in the eastern Chinese city of Hangzhou. He was a teenage maths whizz and a former employee of Google China.