China's youngest billionaires 2016: Under 40

China's youngest billionaires are proof that fortunes can be created in far less than a lifetime.

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Fourteen of 500 China's wealthiest people are under 40 years old.

Meet China's richest youngsters.

Zhou-YahuiZhou Yahui, 周亚辉
Net worth: $2.2 Billion
Source Of Wealth: online games
Age: 39

Zhou Yahui, a former Renren staffer, is chairman of Beijing Kunlun Tech (founded in 2008), one of China's biggest web game developers and operators. In January 2016 the company paid $93 million for 60% of Grindr, the world's largest gay social network app with over 2 million daily users in 196 countries. He is also a Chinese partner of Rovio Entertainment, the company behind the online game Angry Birds.

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Wu-Gang

Wu Gang, 吴刚
Net worth: $1.27 Billion
Source Of Wealth: money management
Age: 39

Wu Gang is chairman and founder of Beijing Tongchuang Jiuding Investment Management that trades over the counter in China.

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li-weiweiLi Weiwei, 李卫伟
Net worth: $1.4 Billion
Source Of Wealth: online games
Age: 39

Li Weiwei serves as vice chairman of Shenzhen-listed Wuhu Shunrong Sanqi Interactive Entertainment Network Technology (original name: Shanghai Sanqi Wan Network Technology), an online game business.

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Wang-HanWang Han, 王瀚
Net worth: $1.33 Billion
Source Of Wealth: airline, diversified
Age: 28

Wang Han is the China's youngest billionaire. Wang inherited shares in Shanghai-based regional airline Juneyao Air from his father Wang Junyao (died in 2004). He owns 14% of Wuxi Commercial Mansion Grand Orient, a department store. Juneyao Group's other businesses include education and food.

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Zhou Yifeng
Net worth: $1.2 Billion
Source Of Wealth: liquefied petroleum gas
Age: 37

Zhou Yifeng chairs Shenzhen-listed Oriental Energy Co., which imports and distributes liquefied petroleum gas.

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Huang Xiaojie
Net worth: $1.1 Billion
Source Of Wealth: investments
Age: 38

Huang Xiaojie is a director and general manager of Beijing Tongchuang Jiuding Investment Management.

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Cai-Xiaoru
Cai Xiaoru, 蔡小如
Net worth: $1.19 Billion
Source Of Wealth: electronic components
Age: 36

Cai Xiaoru is CEO of Shenzhen-listed radio-frequency identification (RFID) product maker Tatwah Smartech.

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Zhang-BangxinZhang Bangxin, 张邦鑫
Net worth: $1.89 Billion
Source Of Wealth: after school tutoring
Age: 36

Zhang Bangxin is cofounder and chairman of the Beijing-based educational tutoring firm TAL Education Group, founded in 2003. The company provides after-school tutoring for K-12 students at more than 500 locations throughout China.

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chengweiCheng Wei (程维, Will Wei)
Net worth: $1 Billion
Source Of Wealth: ride-hailing service
Age: 33

Cheng Wei is founder and CEO of ride-hailing firm Didi Kuaidi, which was formed in early 2015 when Cheng's company Didi Dache (Uber competitor) merged with Alibaba-backed competitor Kuaidi Dache. Before he spent 8 years at e-commerce firm Alibaba and became vice president for Alibaba's online payment service Alipay.

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Wang Qicheng
Net worth: $900 Million
Source Of Wealth: entertainment
Age: 36

Wang controls Shenzhen-listed IT company Hakim Information Technology and P2P company Weidai.com.cn.

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Wu Qiang  
Net worth: $895 Million
Source Of Wealth: investments
Age: 36

Wu Qiang is a director and deputy general manager of Beijing Tongchuang Jiuding Investment Management.

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Yang-Huiyan

Yang Huiyan, 杨惠妍
Net worth: 4.9 billion
Source Of Wealth: real estate
Age: 34

Yang Huiyan is one of the world’s richest women. She became the largest shareholder of real estate developer Country Garden Holdings after her father transferred his holdings to her when she was just 25 years old.

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wang-yue

Wang Yue, 王悦
Net worth: 1.1 billion
Source Of Wealth: online games
Age: 32

Wang Yue is the CEO of Shanghai Kingnet Technology , better known as Kingnet.

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frank-wang-tao

Frank Wang Tao, 汪韬
Net worth: 3.6 billion
Source Of Wealth: real estate
Age: 35

Wang Tao is the founder and CEO of Shenzhen-based DJI, the world’s largest supplier of civilian drones. Headquartered in China’s “Silicon Valley” Shenzhen, DJI started as a single small office in 2006, and has now turned into to a global workforce of over 3,000.

Source: Forbes, China's Rich List