People · #54 of 100 Net worths as of Sep 24, 2026
Billionaires Digest
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#54 of 100 · AI & tech

William Ding

Online Games
Net worth
$39.8B
Forbes Real-Time · as of Sep 24, 2026
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Latest moves

No moves from William Ding in the digest yet. The archive grows every morning.

Recent SEC filings

No SEC filings in the last 90 days.

Form 4 insider trades post within 2 business days. 13F fund holdings can arrive 45 days after quarter end. New to filings? Read Filings 101.

Footprint

Companies

NetEase, Inc.NTES · NASDAQ · Founder, Director & CEO · ~45.3% · as of Apr 2026 · $117.56 ▲ 0.46%
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Ticker
NTES
Exchange
NASDAQ
Role
Founder, Director & CEO; controlling shareholder
Stake
~45.3% (1,450,300,000 shares, voting control)
Stake as of
2026-04-30
source ↗
NetEase, Inc. (Hong Kong line; dual-primary listing effective June 30, 2026)9999 · HKEX · Same company as NTES · ~45.3% · as of Apr 2026
source ↗
Youdao, Inc. (NetEase-controlled edtech)DAO · NYSE · Director · as of Mar 2026 · $14.56 ▼ 0.41%
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Ticker
DAO
Exchange
NYSE
Role
Director; indirect holder via NetEase (29,751,158 Class B shares held by NetEase) and Dragon Creation Technology Ltd (1,175,000 ADSs)
Stake as of
2026-03-17
source ↗
NetEase Cloud Music (NetEase subsidiary)9899 · HKEX · Controlled via NetEase
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Investment vehicles

Shining Globe International Limitedholding co
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Type
holding co
Notes
Record owner of 1,406,000,000 NetEase ordinary shares and 8,860,000 ADSs; wholly owned by Shining Globe Holding Limited
source ↗
Shining Globe Trusttrust
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Type
trust
Notes
Ding is settlor and sole director with investment/dispositive power; beneficiaries are Ding and family members
source ↗
Dragon Creation Technology Limitedholding co
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Type
holding co
Notes
Holds 1,175,000 Youdao ADSs reported as indirectly owned by Ding
source ↗

Private deals

NetEase switched from secondary to dual-primary listing on HKEX (effective June 30, 2026), approved at the June 23…Jun 2026
More
In full
NetEase switched from secondary to dual-primary listing on HKEX (effective June 30, 2026), approved at the June 23, 2026 AGM
Date
2026-06-30
source ↗
NetEase extended its share buyback program to US$5.0B through Jan 9, 2029 (announced Nov 20, 2025); cumulative 24.9M…Nov 2025
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In full
NetEase extended its share buyback program to US$5.0B through Jan 9, 2029 (announced Nov 20, 2025); cumulative 24.9M ADSs bought back for US$2.3B as of Q2 2026
Date
2025-11-20
source ↗
Ding filed Form 3 insider ownership reports for NetEase and Youdao (first-time Section 16 filings)Mar 2026
source ↗

Trophies

NetEase's own pig farms supplying pork sold on its Yanxuan e-commerce platform
source ↗

Legal & regulatory

The HK circular warns that if the full buyback mandate is used, Ding's stake could rise to ~50.3%, which could trigger…
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In full
The HK circular warns that if the full buyback mandate is used, Ding's stake could rise to ~50.3%, which could trigger mandatory-offer obligations under the Hong Kong Takeovers Code
source ↗

Research gaps: Couldn't parse the 2025 20-F's legal-proceedings section: the document is too large for the fetch tool, and a direct download was refused by SEC. The ~45.3% stake comes from NetEase's May 2026 HK AGM circular filed on EDGAR. NetEase's own % stakes in Youdao and Cloud Music weren't verified. Session web-search budget ran out, so press coverage (regulation, lawsuits, Ding's philanthropy, real estate) couldn't be checked; none included. Ding's own CIK is verified (0001280208); he files no 13F.

Prices via Finnhub · as of Sep 24, 2026 4:00 PM ET. For information only.

What to watch

NetEase Q3 2026 earnings (Q3 2025 results were furnished Nov 20, 2025; Q2 2026 on Aug 20, 2026)~mid/late Nov 2026 (not yet announced)
source ↗
Ongoing US$5B buyback: it can push Ding's stake toward 50%, the takeover-code threshold
source ↗
Quarterly dividend (Q2 2026: US$0.096/share, US$0.480/ADS; paid ~Sept 15-18, 2026)
source ↗
How Sea of Remnants (China launch July 2026) and Where Winds Meet perform
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Trading and index/Stock Connect effects after the HKEX dual-primary conversion
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