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The Conversation
The Conversation
Wenting He, PhD candidate of International Relations, Australian National University

Is life getting better for China’s tech billionaires?

China Pony Ma Tencent Jack Ma Bloomberg Billionaires Index Tencent Holdings Ant Group Beijing Economy
The skyline in Shenzhen, the city that is home to many of China's largest tech companies. asharkyu/Shutterstock

According to the latest Bloomberg Billionaires Index, Pony Ma, co-founder of Tencent Holdings, is once again China’s richest person, now with a net worth of more than A$65 billion, placing him 27th globally.

Close behind him in the rankings are bottled water tycoon Zhong Shanshan, and Zhang Yiming, the main co-founder of tech giant ByteDance, which owns TikTok.

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