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Billionaire Index

A daily ranking of the world's richest people

Last updated: November 11, 2026 · $11.70T tracked

Methodology

No. 40China

Liang Wenfeng

AI, hedge fund · Hangzhou

Net worth

$46.2B

Today

+$109+0.00%

Past month

+$6.2B+15.42%

As of Nov 11, 2026, 1:50 PM EST

Liang Wenfeng is the founder of Hangzhou, China-based AI firm DeepSeek and quantitative trading firm High-Flyer Capital Management. DeepSeek took the world by storm when it released its R1 model in 2025, claiming to rival the performance of OpenAI's ChatGPT at a lower cost. Liang launched DeepSeek in 2023 and funded it in part with proceeds from High-Flyer, the hedge fund he founded in 2015 with two college classmates. The mogul used math and AI techniques to build High-Flyer, turning it into one of the country's largest and best-performing quantitative trading firms. DeepSeek has reached a valuation of at least $75 billion after completing two funding rounds in 2026. The now state-backed company has also attracted investors including Chinese tech giant Tencent as well as investment firm IDG Capital.

Net worth over time

+15.42%+$6.2B over the past month
$46B$43B$40B
Oct 12Nov 11

Principal holdings

1 positions
CompanyShareValue

Private holdings

100.0%$46.2B

Also known for

  • Liang met with Chinese president Xi Jinping at a meeting with Chinese tech entrepreneurs in Beijing in 2025.