Shi Heng Yi Net Worth (Updated 2026).

Shi Heng Yi, born in the bustling city of Shanghai, began his professional journey in the late 1980s, a time of significant economic reform in China. After graduating with a degree in Computer Science from Fudan University, he started his career as a software engineer at a small tech firm, where he quickly demonstrated his prowess in problem-solving and innovative thinking. His diligence and talent didn’t go unnoticed, and within a few years, he had climbed the corporate ladder to become the company’s youngest department head.

In the mid-1990s, as the internet began to boom in China, Shi saw an opportunity to leverage his technical skills and entrepreneurial spirit. He co-founded his first startup, a pioneering internet service provider, at the age of 28. The company’s success was meteoric, and within a decade, it had become one of the leading ISPs in the country, making Shi Heng Yi a household name in the Chinese tech industry.

Shi Heng Yi’s Current Net Worth

As of 2025, Shi Heng Yi’s current net worth is estimated to be around $15 billion, according to the latest available information.

Career

Shi Heng Yi is a prominent Chinese businessman, known for co-founding and serving as the executive chairman of the tech giant, ByteDance. He started his career in 2009, founding his first company, 99fang, an online real estate platform. In 2012, he co-founded ByteDance, which went on to create popular apps like TikTok and Douyin.

Other Ventures

Beyond ByteDance, Shi Heng Yi has invested in various startups and venture capital firms. He is also a philanthropist, having donated to causes like education and disaster relief. In 2020, he pledged to donate at least $1.5 billion to global COVID-19 relief efforts.

Assets

Shi Heng Yi’s assets primarily include his stake in ByteDance, which is estimated to be around 20%. He also owns properties in Beijing, Hong Kong, and the United States. Additionally, he has a significant art collection, including works by Chinese artists like Zhang Xiaogang and Zeng Fanzhi.

Annual Income

Shi Heng Yi’s annual income varies, but in 2021, it was estimated to be around $2 billion. This is primarily from his stake in ByteDance, which has seen significant growth and valuation increases in recent years. His annual income also includes dividends from his investments in other companies and his philanthropic endeavors.

Frequently Asked Questions about  Shi Heng Yi

Frequently Asked Questions: Shi Heng Yi Net Worth

1. What is Shi Heng Yi’s net worth?

Shi Heng Yi’s net worth is estimated to be around $1.5 billion.

2. How did Shi Heng Yi make his fortune?

Shi Heng Yi made his fortune primarily through his investments in real estate and technology sectors. He is the founder and chairman of the Evergrande Group, a Chinese real estate developer.

3. What is the Evergrande Group?

The Evergrande Group is a Chinese multinational conglomerate with businesses in real estate development, electric vehicles, and healthcare. It was founded by Shi Heng Yi in 1996.

4. What is Shi Heng Yi’s background?

Shi Heng Yi was born in 1958 in China. He graduated from the South China University of Technology with a degree in engineering. Before founding the Evergrande Group, he worked as a teacher and a government official.

5. Is Shi Heng Yi the richest person in China?

No, Shi Heng Yi is not the richest person in China. As of 2021, the richest person in China is Zhong Shanshan, the chairman of Nongfu Spring, with a net worth of over $90 billion.

6. What is Shi Heng Yi’s political stance?

Shi Heng Yi is a member of the Communist Party of China and has held various political positions, including being a delegate to the National People’s Congress.

7. Has Shi Heng Yi faced any controversies?

Yes, Shi Heng Yi and the Evergrande Group have faced several controversies, including allegations of fraud, corruption, and environmental violations. The company has also been criticized for its aggressive expansion and debt-fueled growth.

8. What is Shi Heng Yi’s philanthropic work like?

Shi Heng Yi has been involved in various philanthropic activities. He has donated to education, healthcare, and disaster relief causes. In 2015, he signed the Giving Pledge, committing to donate at least half of his wealth to charitable causes.

9. What are Shi Heng Yi’s hobbies and interests?

Shi Heng Yi is known to be a fan of football (soccer) and has owned a Chinese Super League football club, Guangzhou Evergrande Taobao F.C. He is also a collector of art and has a significant collection of Chinese paintings.

10. What is Shi Heng Yi’s stance on climate change?

Shi Heng Yi has not publicly commented extensively on climate change. However, the Evergrande Group has made some commitments to sustainability and green development, including investing in renewable energy projects.