The combined valuation or market capitalization of the 10 unicorns is US$60.2 billion!

Because these companies are all VIE structures, we don’t know Zhang Yida’s shareholding ratio in the other nine unicorn companies except Yimin Wangjin, which has been listed.

Assuming that Zhang Yida’s shareholding ratio in the other nine unicorns is as high as that of Yimin Wangjin, which holds 47.51% of the shares, then Zhang Yida’s worth will reach US$28.6 billion!

Even if it does not reach 47.51%, only one-third, holding 15.84% of the shares, its worth will reach US$9.5 billion.

His net worth in Forbes' 2015 list was US$2.6 billion, ranking 75th in China.

I think the editor at Forbes should reflect on himself. He was seriously negligent in his work.

Zhang Yida is also a very caring young rich man who focuses on charity.

Every year, 5 million yuan is given to the animal protection organization it established to use as operating funds for sheltering stray cats and dogs.

We can often see caring people wearing vests and carrying "Dogfud" brand dog food with a conspicuous logo on Weibo, TikTok and other social networking and video websites to feed stray cats and dogs.

It has to be said that in addition to being very good at starting a business and accumulating wealth, Zhang Yida is also very keen on promoting public welfare activities.

Zhang Yida also owns two companies, which are not well-known in the industry.

One is Huinong Loan Company, which pays farmers an annual interest rate of 24%. It is said that it lends more than several billion yuan a year.

Another Dogford Network Technology company has the same name as the Dogford brand dog food founded by his father.

Dogford Network Technology has two major business segments. One is online dog food stores opened on e-commerce platforms such as Taobao, and the other is Daya Media, which has recently become popular on the Internet.

Daya Media is an M agency that has signed a series of human and dog anchors including Zhaoling Liujun.

The recently popular dog live broadcast selling dog food on the Internet was created by Daya Media.

I believe many people are wondering whether Huinongdai and Dogfud Network Technology will become Zhang Yida’s eleventh or twelve unicorn companies.
Chapter completed!