Current Assessment
The estimate starts with the disclosed NetEase holding and values it using recent public market data. NetEase says each ADS represents five ordinary shares, so Ding's disclosed stake equals about 290.1 million ADSs. At $123.71 per ADS, the public stake is worth about $35.9 billion. Dividends add income context: the disclosed holding would have received roughly $863 million gross from 2025 dividends and roughly $209 million gross from the Q1 2026 dividend if paid across all reported shares. Those amounts are not fully added to net worth because taxes, spending, trust mechanics and reinvestment are not public.
Key caveats
- The NetEase stake is held through a trust-linked vehicle, so personal access and family allocation are not fully visible.
- The estimate does not deduct undisclosed taxes, debt, share pledges or margin loans.
- Company revenue and cash are not added directly to personal net worth.
- External billionaire-list figures are used only as checks against the direct stake valuation.
Evidence gaps
- No verified current personal-liability disclosure was found.
- No complete private investment or cash portfolio was found.
- Current real-estate title and mortgage status were not verified.
