Zhang Zhidong Net Worth

Net Worth: $16.8 Billion
Statistics
  • Source of Wealth:

    Internet
  • Birth Place:

    China
  • Nationality:

    China
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About

Chinese internet entrepreneur Zhang Zhidong has an estimated net worth of $16.8 billion as of December 2017, according to Bloomberg.

After completing his bachelor's degree from Shenzhen University, Zhang Zhidong attended South China University of Technology to complete his masteral degree. Along with billionaire Ma Huateng, he co-founded the Internet giant Tencent. He currently serves as the chief technology officer of the company. Ma holds 10% of Tencent's stakes while Zhidong owns 3% of the total stakes.

Due to the 40% increase in Tencent's shares, Zhang Zhidong's wealth increased by $800 million over the past year. Today, QQ, Tencent's microblog service which is similar to Twitter, has more than 100 million active users everyday.