Colin Huang, The Founder Of The Company That Owns Chinese Shopping App Temu, Got $4.3 Billion Richer After Earnings Smashed Anal

Founded by Colin Huang (center, in black), Temu-owner PDD was went public on the Nasdaq in 2018.Visual China Group/Getty Images The founder of Temu owner PDD saw his net worth jump $4.3 billion in one day, per Bloomberg's Billionaires Index. Colin Huang's fortune was boosted by a 15% surge in PDD shares after a bumper second-quarter earnings. Huang is now worth $32.8 billion, making him the 41st richest person in the world. PDD Holdings, the Chinese shopping e-commerce giant behind the viral shopping app Temu reported glowing results on Tuesday — and that boosted the personal wealth of founder Colin Huang by $4.3 billion, according to the Bloomberg Billionaires Index.Huang's wealth surged after shares of PDD on the Nasdaq closed 15.4% higher.