Zhejiang University has produced many wealthy entrepreneurs.

Which domestic university has produced the most billionaires?

The latest results show that it is Zhejiang University.

HumanizeAI released a research report titled "Report on the Educational Background of Billionaires" based on data from Forbes as of March 2026, analyzing the educational backgrounds and learning experiences of 3,184 billionaires.

In the report, Zhejiang University ranked fifth globally and first in China with 36 billionaires.

This situation still surprised most people.

Behind the Wealth Creation: A Long - Term Endeavor

Among the top ten universities in the ranking, Zhejiang University is the only Chinese university.

The report points out that Zhejiang University has cultivated 36 billionaires, accounting for 2.49% of the global total. Their total wealth reaches $152.3 billion, with an average net worth of about $4.23 billion per person.

Before Zhejiang University in the ranking are Harvard University, Stanford University, the University of Pennsylvania, and the Massachusetts Institute of Technology. Among the top 20 universities, there are two other Chinese universities on the list: Tsinghua University at the 11th place and Peking University at the 14th place.

Interestingly, the report points out that the wealth of Zhejiang University alumni was "accumulated in relatively short periods."

Looking at the primary and secondary markets recently, the words "relatively short" have indeed been repeatedly verified.

Zhejiang University - affiliated enterprises have recently been in the spotlight of the capital market. In April this year, six Zhejiang University - affiliated enterprises were listed on the stock market within a week, with a total market value of over 400 billion yuan.

Among them, Lianxun Instrument, which was officially listed on the Science and Technology Innovation Board on April 24, was particularly eye - catching. In less than a month after its listing, its stock price soared by over 1,500%. On May 18, it became the "new king of new stocks" in the A - share market, and its market value once exceeded 180 billion yuan.

This company was established in 2017 and focuses on the domestic substitution of high - end testing instruments and equipment. Its founder, Hu Haiyang, graduated from the Department of Optical Technology and Optoelectronic Instruments of Zhejiang University.

After Qunhe Technology was listed on the Hong Kong stock market, its market value once exceeded HK$70 billion. The founding team members, Huang Xiaohuang and Chen Hang, both graduated from the Zhukecheng Honors Class and the School of Computer Science of Zhejiang University.

The primary market is also very active.

In the past two months, the financing progress of DeepSeek has become the focus of the industry. During this period, there have been numerous rumors about Tencent and Alibaba's involvement, and the valuation expectations have been continuously adjusted upwards. According to Bloomberg, the financing negotiation has entered the final stage: the target of this round of financing is $10 billion (about 70 billion yuan), and the pre - investment valuation may reach about $45 billion.

More Zhejiang University - affiliated enterprises are emerging. In early April, Xinghaitu, an embodied intelligence enterprise, announced the completion of a Series B+ financing of nearly 2 billion yuan, with a valuation exceeding 20 billion yuan. Two months ago, they just completed a Series B financing of 1 billion yuan.

Qianxun Intelligence, which is also involved in the embodied intelligence track, has also completed a new round of financing of 1 billion yuan. Shangtang Medical has also announced the completion of a financing of over 500 million yuan, entering the unicorn club.

Such examples are too numerous to list.

After the release of the "Hurun Global Rich List 2026", some netizens counted that 51 alumni of Zhejiang University were on the list. At first glance, these seem to be "wealth - creation myths", but upon closer inspection, the time and effort behind these achievements are actually substantial.

Hu Haiyang, the founder of Lianxun Instrument, had spent 15 years in Agilent Technologies and Keysight Technologies before starting his business. Han Fengtao, the founder of Qianxun Intelligence, had led the Luoshi Robot team and delivered over 20,000 industrial robots before founding his company. The founding team of Qunhe Technology gave up their high - paying jobs in Silicon Valley in 2011, pooled 400,000 yuan in startup funds, and returned to China to start their business.

Not to mention Liang Wenfeng. Some industry insiders recalled that they heard the name "Magic Square Quant" many years ago when they were taking classes at Peking University. In an era when most people were not aware of the potential of AI, they were already offering high salaries to recruit top undergraduate graduates from Peking University and Tsinghua University.

This is the real origin of the "rich people" from Zhejiang University - before the wind of opportunity blew, they had been at the forefront for many years, silently building their own barriers.

The Era of Technology - Driven Wealth Creation

The era has begun to reward those who are deeply involved in technology.

Different from the previous era of grass - roots entrepreneurship, technology - oriented founders from prestigious universities are now taking the center stage. Science and engineering students from many universities such as Tsinghua University, the University of Science and Technology of China, Shanghai Jiao Tong University, and Harbin Institute of Technology are rising in the venture capital circle.

Zhipu, known as the "world's first large - model stock", had a market value of about HK$50 billion on its first day of listing in January this year, and recently it has approached HK$900 billion. The founders such as Professor Tang Jie and Zhang Peng all have a strong Tsinghua University background.

Guoyi Quantum, founded by He Yu and other alumni of the University of Science and Technology of China, has recently passed the IPO review on the Science and Technology Innovation Board and is about to become the "first stock in quantum precision measurement". The alumni of the University of Science and Technology of China behind them support half of China's quantum entrepreneurship.

Alumni of Harbin Institute of Technology are also leading a group of companies such as Leju Intelligence and Stand Robot to queue up for listing. As the "cradle of Chinese robotics", students from Harbin Institute of Technology are flocking to the stage of going public.

Nowadays, science and engineering students from prestigious universities have become the targets that investors compete for.

Recall the grand occasion of the special event for Zhejiang University alumni at the X - Day Roadshow in Xili Lake, Shenzhen on May 7. On that day, Zhejiang University alumni brought various projects: some are engaged in EEG wearable acquisition devices, some in 3D visual perception and AI solutions, and some focus on in - vivo and in - vitro CAR immune cell therapy... The audience was filled with investors from all over the country.

Zhou Qi, the managing partner of GSR Ventures, said in a round - table discussion that Zhejiang University can be compared to "Stanford in China": it has a comprehensive range of disciplines, a strong entrepreneurial atmosphere, and its school motto of "seeking truth and innovation" is highly compatible with hard - technology entrepreneurship.

Such an X - Day event has started to connect them. Technology, supply chain, capital, and alumni relationships are gradually forming a network.

Be earlier, even earlier.

We have a set of data: since its launch in March 2025, X - Day has held 16 consecutive themed roadshows, attracting a total of 454 high - quality projects to sign up. During this period, 49 enterprises have received over 1.521 billion yuan in equity investment, 31 enterprises have received a total of over 971 million yuan in bank credit, and 7 technology insurance policies worth 80.5 million yuan have been implemented.

From this perspective, a hard - technology circle of friends is growing here.

This article is from the WeChat official account "Investment World" (ID: pedaily2012), written by Zhao Zhiqi and published by 36Kr with authorization.