This factory worker's son became China's richest person with over $48 billion.
Meet Colin Huang, the founder of Temu.
Colin was born in 1980 to factory workers on the outskirts of Hangzhou.
He won a mathematics Olympiad competition, which got h
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Soumyadip Dey
Hesitation is Defeat... • 3m
one manufacturing industry can produce so much billionaires in China..... I'm surprised how India can do it!!
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Chamarti Sreekar
Passionate about Pos... • 25d
Which industry is minting the most billionaires?
From 2014 to 2024, over 500 new billionaires came from one sector alone — Manufacturing.
Surprised? Tech wasn’t far behind with 443 new billionaires, followed by Finance, Fashion, and Healthcare.
The
Just look at this data and can you imagine the gap between India and China ? How we can become a manufacturing power in this decade. 🙀
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SHIV DIXIT
CHAIRMAN - BITE INDU... • 11m
“China Manufacturing strategy breakdown”
Do you know China is Earning whole India gdp with the help of manufacturing.
Basically China is entrepreneur economy and around 29% global manufacturing belongs to china worth ( 4 Trillion dollars ).
Chin
Funny how people are shitting on SaaS now that manufacturing and hardware is getting hot.
SaaS is THE industry that made most billionaires in the last two decades.
SaaS is not dead. It has just become much easier and accessible to build. Which is a
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7 replies17 likes
Havish Gupta
Figuring Out • 9m
Only Manufacturing can create large jobs and that was exactly what China did.
It's a great move for india btw!