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Longxin Technology Founder Pledges $56 Billion in Shares for Employee Incentives After IPO

2026-07-27 11:16:28

According to Bloomberg Billionaires Index, Longxin Technology founder Zhu Yiming pledged 7.679 billion company shares for employee incentive programs, with a current value of $56 billion following the company's IPO on the same day. The IPO saw the stock surge 466%, elevating Zhu's net worth to $13.9 billion—a near 300% increase. The pledged shares represent approximately 40% of Zhu's total wealth.

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GateUser-556c7416

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Ape In 🚀

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