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The voice is slow
All of the statements in this article are based on reliable sources and are reproduced at the end of this article
In today's era of the gradual development of the Internet, many e-commerce platforms can be said to be booming.
Speaking of e-commerce, we have to mention the three giants of e-commerce: Taobao, JD.com, and Pinduoduo.
And the founder of Pinduoduo actually chose to quit Pinduoduo when Pinduoduo was on the rise.
He even donated 100 billion yuan to set up a charitable foundation.
You must know that Huang Zheng is likely to sit in the position of "China's richest man" with Pinduoduo,
So why did he give up the title of "China's richest man"?
Pull oneself up by one’s bootstraps
I believe that most people have never heard of the name Huang Zheng, compared with Ma Yun and Ma Huateng, Huang Zheng's name seems to be relatively low-key. So what kind of person is Huang Zheng, the founder of Pinduoduo?
Huang Zheng's family was not rich when he was a child, and it can even be said that he was relatively poor.
Usually life is also very poor, but it just so happens that this lifestyle also inspired him to start a business in the future.
When it was time to go to elementary school, his mother chose an ordinary elementary school for him. He was taught from an early age to work hard Xi, and he was a "genius" in mathematics.
Before he reached junior high school, he had already won the first place in the Olympiad, so he chose to study at Hangzhou Foreign Chinese School. This means that students who can speak Chinese must have outstanding grades in the province.
In this way, Huang Zheng stayed in Hangzhou for six years in foreign Chinese. In the year of his college entrance examination, he was sent to Zhu Kezhen College of Zhejiang University.
He chose to major in computer science, and his classmates around him were all god-level figures. Such a good environment and teachers, coupled with Huang Zheng's own efforts, have gradually raised his professional level to the peak.
As a freshman, Zheng Huang was selected as a fellow at the Melton Foundation, founded by VeriFone founder Bill Melton.
By chance, Ding Lei, the founder of NetEase, sent a friend application to Huang Zheng.
Huang Zheng thinks that how can a boss of a listed company add himself, the more he thinks about it, the more incredible it becomes.
So Huang Zheng didn't pay much attention to it at first, and after chatting for a while, Huang Zheng was sure that it was not a liar, but Ding Lei.
At this time, Ding Lei also felt that Huang Zheng was a rare talent, so he kept in touch with him all the time.
It is also because of the friendship between the two that Huang Zheng has the back story.
The gears of fate began to turn
Duan Yongping, I think everyone is familiar with it, the founder of Xiaobawang and backgammon. He is a native of Nanchang, Jiangxi Province, known as "China's Warren Buffett", and is known as an "angel investor" by insiders.
He can be regarded as Huang Zheng's nobleman, and when he graduated, Huang Zheng had to make a choice between Microsoft and Google, and Duan Yongping recommended him to Google.
It was also here that Huang Zheng had a new understanding of the Internet, and it was also here that Huang Zheng got the first pot of gold he earned.
Later, something happened that affected Huang Zheng's life, that is, a lunch of "Buffett".
In 2006, the price of this lunch was as high as about 4 million yuan, and on that day, Duan Yongping brought Huang Zheng with him.
A lunch of 4 million brought the young Huang Zheng, and it is conceivable how much Duan Yongping recognizes Huang Zheng's ability. He always felt that Huang Zheng's understanding was extremely high and his future was immeasurable.
Subsequently, Huang Zheng did not stay at Google for four years, and Huang Zheng realized all the options in his hand and resigned.
After returning from the United States, he began to start a business in China, and at the beginning he founded Ouku.com. I didn't expect that the first business was very successful, and the annual income could reach more than 60 million.
But the 60 million cannot satisfy Huang Zheng's ambitions. He knows that JD.com, which has also been operating for three years, has changed from an annual revenue of 500 million yuan to 10 billion yuan.
At this time, Huang Zheng felt that he must not be able to kill Liu Qiangdong, so he sold Ou Ku.
First "Happy" and then "Dreaming", because it was founded for a short time, it is not famous.
In this way, Huang Zheng's career path gradually rose, and he did not encounter any difficulties along the way.
Until one day he was diagnosed with otitis media and decided to take a break. It was also during that time that he found that people's dependence on the Internet gradually increased, and they were active on various social software, but the proportion of e-commerce sales was particularly low.
In 2015, he set up the software Pinhao. It attracted a lot of users not long after it was launched, and slowly Huang Zheng learned from here, and Pinduoduo came into being at the right time.
Less than a year later, Pinhaohao and Pinduoduo announced their merger, and as a result, Pinduoduo became a hybrid of e-commerce and social entertainment.
The number of users of the platform is increasing day by day, and it has 300 million users in just three years since its establishment, second only to Alibaba and JD.com at that time.
In fact, it took Taobao about 5 years to achieve its current results, Jingdong even spent 10 years, and Pinduoduo only took 3 years to have its current achievements, which really makes people have to admire Huang Zheng.
And Huang Zheng has only been in business for a few years, and he has become the head of a listed company.
Don't be the richest man, be the "first good"
Slowly, Pinduoduo's market value exceeded $30 billion and continues to rise. Therefore, Huang Zheng's wealth is growing rapidly every day, almost at a rate of 100 million every day.
In 2020, I didn't expect Huang Zheng's worth to be as high as 3000 billion yuan, ranking second in the country. Even surpasses Jack Ma, and perhaps the position of China's richest man will be Huang Zheng soon after.
At this time, Huang Zheng was at the peak of his career, but he did something unexpected to major netizens, and on July 1, 2020, Huang Zheng announced that he would no longer serve as the CEO of Pinduoduo.
He took out about 10.11% of the company's shares, about 100 billion yuan to set up a charitable foundation.
And Huang Zheng himself once said that he wanted to make his own achievements for the cause of science, but he chose to quit for various reasons.
Huang Zheng also donated 100 million US dollars to his alma mater, Zhejiang University, according to him, he hopes to help his alma mater take basic research and exploration in many fields to a higher level.
Due to Huang Zheng's withdrawal, Pinduoduo's stock price plummeted, which caused controversy among many netizens at this time.
Do you think Huang Zheng wants to cash out and leave? Some people think that he has offended capital and that someone wants to rectify him. Or could it be their internal struggle?
At this time, people who knew Huang Zheng came out to speak, saying that Huang Zheng was such a low-key and calm person, and his master Duan Yongping often taught him to "make a fortune in a muffled voice" and not to be the "first bird".
In fact, judging from his experience, he is indeed not a person who only cares about money. When Google left, he didn't wait for the stock to expire and left.
In our eyes, the position of China's richest man may not be worth mentioning to him, and he will not stay for long because Pinduoduo makes money. They will always go to their own field of interest and will not be influenced by the outside world.
It is worth mentioning that after Huang Zheng withdrew, Huang Zheng ranked third on the 2023 Hurun Report with 270 billion yuan, becoming the third richest man in China.
Now Huang Zheng is 44 years old, he has handed over his career to young people and engaged in the field of scientific research by himself. Nowadays, more attention is paid to the health of life, which is relatively more helpful to the people.
Although he withdrew from the e-commerce circle, his legend is still known to everyone.
When you look at the world from the shoulders of giants, you will see more clearly. If you plan everything you want to do before you do anything, your life will become boring.
We need to know that "planning can never catch up with change", just like Huang Zheng, who is interested in food science and life sciences, then let it go, even if it is a position of "China's richest man".
Huang Zheng's experience can also be regarded as an example for us, and his determination to do things is indeed enviable!
Resources
Baidu Encyclopedia--Huang Zheng
Yangtze River Business Daily--Huang Zheng's wealth increased by 41 billion in the two years of retirement, and Pinduoduo surpassed Alibaba with "affordable" weapons(2023.12.11)
Red Star News--Hurun released the list of male entrepreneurs for the first time, Zhong Sui topped the list with a wealth of 450 billion yuan, and Ma Huateng and Huang Zheng ranked second and third respectively (2023.12.12)
He continues to be the richest man, and Ma Huateng returns to second place (2023.10.24)
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