Extra Cultivation

  Colin Huang founded a company in 2015. Three years later it IPO’ed, his shares in that company, worth $14 billion. Then the value of those shares doubled. Colin Huang began selling his shares in 2020. He stepped down from being CEO and took up the chairman position. Then in March 2021, he stepped down from that too, retiring completely. As of this writing, Bloomberg says he is worth $45 billion, the world’s 30 th richest person. In this blog, I want to talk about a guy who got very rich, very fast. And then he got out just as fast. I have never seen anything like it. Colin Huang was born in 1980. Like fellow tech titan Jack Ma. Colin Huang came from a humble background. He did very well at school and earned a spot to the prestigious Hangzhou Foreign Languages School. The HFLS is one of China’s best schools, and 20% of its students are exempted from taking the big college exam that haunt most  Chinese high school students. They just go straight to a top university. Fellow alumni incl