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Meta's billionaire AI chief Alexandr Wang says the Meta Connect outfit that social media users priced at US$3,500 in luxury labels began with a deer-print shirt he bought at a Santa Cruz thrift store for $30. Alexandr Wang at Meta Connect 2026 on Sept. 23, 2026 Wang wore the 1990s-style camouflage tee, printed with a large deer head above a wooded trail and more deer, with "Lake Tahoe" on the sleeve, during his keynote at the developer conference on Sept. 23. He paired it wit

Zhang Yiming, founder of TikTok's parent company ByteDance, has become the richest person in Asia as his wealth surged to US$105.5 billion. Zhang Yiming, founder of tech company Bytedance, attends a meeting in Fuzhou, southeast China's Fujian Province, June 18, 2016 The Chinese billionaire's estimated net worth rose more than $12 billion this month after Bloomberg analyzed the latest valuations from investment firms including BlackRock, Fidelity Investments and T. Rowe Price.

Shu Ping, wife of hotpot giant Haidilao's billionaire chairman Zhang Yong, is selling as much as US$353 million worth of company shares, prompting the stock to hit its lowest since March 2022. Zhang Yong (right) and his wife Shu Ping, co-founders of the hotpot chain Haidilao, pose before an investors' luncheon ahead of the company's IPO in Hong Kong, China, on Sept. 10, 2018 She is offloading 259 million shares through a family trust holding vehicle at a discount of around 6%