Ding Lei

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William Ding
Native name 丁磊
Born Ding Lei
(1971-10-01) 1 October 1971 (age 46)
Ningbo, Zhejiang, China
Residence Hangzhou[1]
Guangzhou
Nationality Chinese
Alma mater UESTC
Occupation Founder & CEO of 163.com
Net worth US$10.6 billion (January 2016)[2]
Spouse(s) Wang Xunfang
(2006-)

Ding Lei (Chinese: 丁磊; pinyin: Dīng Lěi; born 1 October 1971), also known as William Ding, is the founder and CEO of 163.com (NetEase).

Ding made significant contributions to the development of computer networks in mainland China. According to Forbes' China Rich List 2015 he is the 10th wealthiest person in China with an estimated fortune of $10.6 billion. In late 2016, Ding was looking into investing in the property sector, and travelled to Zimbabwe in December, and to the United Kingdom.[3][4] Forbes ranked Ding as the wealthiest man in China in 2003.[5][6] In 2017, Ding's fortune was estimated to be $17.2 billion, ranking at #52 on Forbes billionaires list.[7]

Early life[edit]

Ding Lei was born in Fenghua, Ningbo, Zhejiang Province. He graduated from Chengdu College of Electronic Science and Technology (now University of Electronic Science and Technology of China) and obtained a bachelor's degree.

Career[edit]

After graduation he first worked in a local state department in Ningbo as an engineer, and then he went to Guangzhou and worked for Sybase there. He founded NetEase and became the richest individual in Chinese mainland in the year of 2003 (7.6 billion yuan). According to the Hurun Report 2013, his net worth is estimated to be $5.2 billion.[8]

In 2012, it was confirmed that Ding branched NetEase's activities out into pork production.[9] The pig farm is centered around technology and environmental sustainability, and is not meant to become a major arm of the company.[10]

In May 2017, venture capital firm Sinovation Ventures, US-based Meituan-Dianping, and Alibaba competitor JD invested a total of US$23 million into the farm.[10]

References[edit]

  1. ^ 丁磊:我性格直接包容性也差 Retrieved 2017-01-016
  2. ^ "William Ding". Forbes. Retrieved 17 November 2015. 
  3. ^ "Chinese billonaire expected in Byo". The Chronicle. 2015-12-15. Retrieved 2016-01-02. 
  4. ^ "鮭非為源". Hurun.net. Archived from the original on 2015-12-31. Retrieved 2016-01-02. 
  5. ^ "2003福布斯中国富豪榜". Forbes.com. Retrieved 2016-12-22. 
  6. ^ "#647 William Ding - The World's Billionaires 2009". Forbes.com. 2009-02-13. Retrieved 2016-01-02. 
  7. ^ "William Ding". Forbes. Retrieved 2017-06-15. 
  8. ^ "鮭非為源". Hurun.net. Archived from the original on 2015-12-31. Retrieved 2016-01-02. 
  9. ^ "Netease Expanding into the Pork Business…Wait, What?". Tech in Asia. Retrieved 2017-06-15. 
  10. ^ a b "In China, a pig farm just got tens of millions of bucks in VC funding". Tech in Asia. 

External links[edit]