In China’s Slumping Economy, Pinduoduo’s Reclusive Billionaire Founder Has Managed To Gain $15 Billion

Colin Huang, founder of Pinduoduo. Qilai Shen/Bloomberg China’s economic headwinds and a sweeping crackdown on private enterprises have battered the fortunes of many tech billionaires, but one mogul h...

JD.com Billionaire Founder Richard Liu Gives Up Stakes In Healthcare, Logistics Affiliates Amid China’s Regulatory Crackdown

JD.com’s Richard Liu Lintao Zhang/Getty Images Richard Liu, the billionaire who founded e-commerce giant JD.com, gave up all his shares in two affiliated companies, in the latest move by a Chine...