Net Worth
William Lei Ding Net Worth
What is William Lei Ding’s net worth?
| Net Worth: | $16 Billion |
|---|---|
| Age: | 49 |
| Born: | October 1, 1971 |
| Country of Origin: | China |
| Source of Wealth: | Entrepreneur |
| Last Updated: | 2021 |
Introduction
William Lei Ding is a Chinese billionaire businessman and the founder and CEO of NetEase.
Ding made significant contributions to the development of computer networks in mainland China.
As of 2022, William Lei Ding’s net worth is estimated to be roughly $16 billion.
Early Life
Ding Lei was born on the 1st of October, 1971, in Fenghua, Ningbo, Zhejiang Province.
He graduated from the Chengdu Institute of Radio Engineering, now the University of Electronic Science and Technology of China, and obtained a bachelor’s degree.
Career
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.
Ding founded NetEase and became the richest individual in the Chinese mainland in 2003 (7.6 billion yuan). According to the Hurun Report 2013, his net worth is estimated to be $5.2 billion.
In 2012, it was confirmed that Ding branched NetEase’s activities out into pork production. The pig farm is centered around technology and environmental sustainability and is not meant to become a major arm of the company.
In 2017, venture capital firm Sinovation Ventures, US-based Meituan-Dianping, and Alibaba competitor JD invested a total of US$23 million into the farm.
As of 2022, William Lei Ding’s net worth is estimated to be roughly $16 billion.
How Does William Lei Ding Spend His Money?
William Lei Ding spends some of his money on real estate.
William Lei Ding’s Home
In 2020, Ding purchased a 16,000-square-foot Bel Air, Los Angeles, mansion for $29 million from the Tesla and SpaceX founder Elon Musk.
Highlights
Here are some of the best highlights of William Lei Ding’s career:
- Founder and CEO of NetEase
- Ding was China’s richest man and its first Internet and gaming billionaire (2003)
Favorite Quotes From William Lei Ding
“Smart guys seize opportunities and never let them slip between their fingers. And those who think themselves weak always wait for opportunities.” – William Lei Ding
“In China, we have around 300 million people who visit our website. We could advertise the Aston Martin for free. And we can use celebrities to promote our vehicle. This is the way we do business.” – William Lei Ding
3 Success Lessons From William Lei Ding
Now that you know all about William Lei Ding’s net worth and how he achieved success; let’s take a look at some of the strongest lessons we can learn from him:
1. Key To Success
You’ve got to work hard for your success, and you’ve got to have a steady presence. That’s the secret.
2. Do What You Want To Do
Success follows doing what you want to do. There is no other way to be successful.
3. You Will Get Learn From Failures
Success is 99 percent failure.
Summary
William Lei Ding is a Chinese entrepreneur who is the founder of the internet company NetEase.
NetEase’s site, 163.com, has become the 27th most visited site globally, largely due to its multiplayer gaming applications, and the company now employs over 6000 people.
As of 2022, William Lei Ding’s net worth is estimated to be roughly $16 billion.
