No personal wealth can become an individual’s ultimate life value. This is a classic quote from the great philosopher Bacon. This sentence expresses the view on wealth and money, and is also a measure of values. From ancient times to the present, countless people have continued to pursue material things and devoted their entire lives to it, just for a higher status and glory.

But the pursuit of money is endless, and national-level rich people are also emerging in endlessly. The continuous development of new generations provides more economic value to society. Now the third richest man in the country has "changed". This rich man has successfully squeezed into the top three with a net worth of 252.3 billion, and the company's market value has exceeded 100 billion US dollars for the first time.

Early Experience

The latest and third richest man in China is named Huang Zheng. His net worth is second only to Jack Ma and Ma Huateng, and he has reached a net worth of 252.3 billion. But he is very young, a standard post-80s generation. There are also many stories behind his work experience.

Huang Zheng was born in Hangzhou, Zhejiang. He has always been very keen on controlling the economy and capturing the business atmosphere in Jiangsu and Zhejiang, and the same is true for Huang Zheng. Huang Zheng's grades have been very good since he was a child. Therefore, such a "child from other people's families" was admitted to Zhejiang University, a famous national institution of higher learning, with excellent results, where he continued his studies.

In 2002, Huang Zheng successfully graduated from Zhejiang University and went to study abroad to improve his abilities. The few years abroad gave him a better understanding of the profession and gained more nutrients. Finally obtained a master's degree in computer science from the University of Wisconsin in 2004.

At that time, there were not many Chinese students studying abroad, and the status of returnees also held considerable value. In addition, computer science was a new major at the time, and its market recognition cannot be underestimated. In this way, the outstanding Huang Zheng got the opportunity to work at Google in the United States.

Google's national trust and market share abroad are comparable to Baidu in China. Huang Zheng's ability is indeed beyond words when he can get such a job opportunity just after graduating with a master's degree. After working at Google for two years, he chose to return to China and develop Google's China studio in China.

After several years of working and studying at Google, Huang Zheng has transformed from a college student who knew nothing to a newcomer in the workplace. The development pace and work progress of large companies are very fast, and they will even push newcomers to grow. But fortunately, Huang Zheng has a strong adaptability and was able to deal with the problem skillfully in a short time.

Not only that, Huang Zheng also learned a lot of knowledge about professional operations. He has also accumulated many useful contacts for himself. After returning to China, the idea of ????going out on my own became stronger and stronger. So a year later, Huang Zheng chose to resign from Google and start his own business.

Entrepreneurship Journey

But entrepreneurship is not as glamorous as shown in TV series, and there are very few people who can successfully reach the top of the pyramid. After Huang Zheng came out of a big company like Google, he naturally had a lot of discomforts. It was not easy to build a company with bare hands.

Huang Zheng has successively founded an e-commerce operation company and a gaming company. These fields are considered the most popular fields at the moment. Huang Zheng’s ruthless vision and strong business capabilities allowed Huang Zheng’s company to accumulate a lot of wealth right from the start. A lot of profit.

Huang Zheng, who has accumulated some experience and connections, is ready to further expand his work. Because he has some experience in e-commerce development, Huang Zheng has identified work in the Internet direction and concentrates on the preparation of the new company. . In September 2015, Huang Zheng established Pinduoduo Company, which also led Huang Zheng to new glory.

This project was actually conceived by Huang Zheng eight years after he started his own business. At that time, Huang Zheng had just created a software called Pinhaohao. This software focused on fruit grouping, using low-cost The price attracts customers and allows customers to take the initiative to share within their own social circles, creating resources for effective dissemination.

Pinhao goods are constantly spread on social media. Although there are some obstacles in development, the overall trend is upward. So the boss of a game company took the initiative to find Huang Zheng and made a software for ordering goods.

This is indeed a good idea, but it also carries certain risks. Huang Zheng also has his own thoughts.

In the end, the two reached a strategic understanding, and the game company specially selected the twenty best employees to start working on a new project with Huang Zheng, and this project was Pinduoduo. Although Pinduoduo adopts the same purchase method as Pinduoduo, where several people join together to order, the essence is very different from Pinduoduo.

Pinduoduo is a merchant store that provides consumers with high-quality and low-priced products, and a wide variety of products can be found there. This greatly enhances consumers' desire to buy and also gives consumers more choices. And Pinduoduo emphasizes the consumer experience and also provides more cost-effective products.

The value behind Pinduoduo

With the successful launch of Pinduoduo in September 2015, many people’s purchasing methods and purchasing habits have been greatly impacted. Consumers want to see lower prices with the same quality, so naturally Pinduoduo is their preferred consumer software.

Also because it pays attention to customers’ purchasing habits and purchasing feelings, Pinduoduo’s gameplay is more interesting and the interactive experience is also strong. Therefore, Pinduoduo has been supported by many people since its emergence, and its growth rate is also quite amazing. In just one year, it created a monthly turnover of 1 billion.

Not only that, Pinduoduo has invaded people's lives. When you turn on the TV, you can hear Pinduoduo's very "brainwashing" theme song, and the popularity of Pinduoduo has skyrocketed. In less than a year, Pinduoduo completed US$110 million in financing, which gradually began to shake Taobao’s position in people’s hearts.

Although Pinduoduo is growing rapidly, there are still many problems. Because it is growing too fast, there are also problems with products that are not up to standard in the early days. Huang Zheng faced the difficulties head-on and never backed down. Finally, after a period of exploration, he increased the intensity of anti-counterfeiting and improved the user experience.

After that, Pinduoduo completed its small goal of going public. Such a new software can achieve rapid improvement in such a short period of time, which really makes many companies jealous. As of June 16, Pinduoduo’s valuation has reached 100 billion, and Pinduoduo’s founder Huang Zheng is worth 252.3 billion.

With such figures, Huang Zheng successfully became the third richest man in the country, far ahead of other rich people, making the top three in the domestic rich list change again. Xu Jiayin, who once ranked third, has also been replaced by Huang Zheng. The only people in front of Huang Zheng are Ma Huateng and Jack Ma. Huang Zheng's development is as fast as a rocket.

Spot the opportunity and don’t have to wait. The dawn of victory will illuminate your future immediately.

Huang Zheng's success in becoming one of the top three richest people in China is inseparable from his ability, ruthless vision and putting himself in the shoes of consumers. Such a founder will definitely succeed!