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Malay Mail, citing AFP and the Hurun China Rich List, puts DeepSeek founder Liang Wenfeng at number seven with an estimated fortune of US$41.7 billion. The report says he is one of 263 newcomers, many from AI, semiconductor and robotics industries.

ByteDance founder Zhang Yiming reclaimed the top spot with an estimated US$99.7 billion, a record for the list, overtaking Nongfu Spring founder Zhong Shanshan. The report also says ByteDance’s AI chatbot Doubao had nearly 420 million monthly active users, well ahead of domestic rivals.

Those figures add a sharper picture of the companies and founders behind the record-rich list: alongside DeepSeek and chipmaker Cambricon, ByteDance’s consumer AI reach is part of the story. Hurun researcher Rupert Hoogewerf says 60 per cent of the top 100 made their fortunes in sectors targeted by China’s technology-development plan.

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