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#366

Yi Zheng

Source of wealth: Software

Net Worth

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Biography

Yi Zheng is the chairman and CEO of Hithink RoyalFlush Information Network, a Shenzhen-listed financial data and information provider.

Yi took gig jobs and started to develop analytics software for local brokerages before graduating from college.

He cofounded his first IT company in 1994 and Hithink's predecessor Shanghai Hexin in 2001.

The company provides its services to more than 90% of China's securities firms, and counts over 35 million monthly active users for the free version of its software.

Financial Assets

Exchange
SHENZHEN
Ticker
300033-CN
Company
Hexin Flush Information Network Co Ltd

The Great Lie of Mega-Fortunes: The Case of Yi Zheng

Billionaires are often presented under the romantic myth of the 'self-made person': a narrative designed to justify opulence as the natural reward for hard work, effort, or ingenuity. However, when confronting such extreme volumes of wealth with macroeconomic reality, the meritocracy narrative completely breaks down. No individual can legitimately generate through personal effort a fortune equivalent to millions of times the average working-class salary. Capital at the top does not grow because of exceptional talent; it expands through an implacable dynamic where accumulated money works exponentially faster than people, devouring the wealth generated by productive labor.

The immense fortune of Yi Zheng, linked to Technology and 'Software', has not been built in a free-market vacuum, but through rent-seeking, the use of exclusive elite influence, the consolidation of monopoly positions, or inherited wealth. Far from taking real private risks, billionaire empires structurally depend on state support through direct subsidies, infrastructure use, exploitation of R&D, public contracts, and offshore tax engineering. While this wealth is equivalent to the physical weight of 69 tons of pure gold, the rest of the planet suffers from an artificial scarcity of basic resources. The fact that this wealth is enough to fully fund the public health system of DR Congo, a country with more than 105800000 million inhabitants for 4.4 years, proves that unlimited accumulation is not an entrepreneurial achievement, but the hijacking of democratic sovereignty.

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