Top Biz News
Web tycoon thrives on portals, pig farms
(Agencies)
Updated: 2009-11-06 17:06
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 Visitors walk by NetEase's booth at the 皇冠体育app 6th International Digital Content Expo in this photo taken in Beijing on Oct 23, 2008. [Asianewsphoto] |
He may be a billionaire, but soft-spoken William Ding, founder of Chinese online gaming giant NetEase.com, feels as comfortable on the farm with his pigs as he does in the boardroom.
The publicity shy 38-year-old juggles his time between 皇冠体育app's No 3 online game operator and a pig rearing business he started in February, in search of balance and quiet as the nation's raucous online community develops at breakneck speed.
The bespectacled bachelor, 皇冠体育app's 23rd richest man worth $2.25 billion according to Forbes, was one of 皇冠体育app's earliest Internet pioneers when he founded NetEase in 1997 as a tiny search engine.
More than a decade and several controversies later, NetEase is one of 皇冠体育app's most prominent names on the Web and Ding has acquired celebrity status in 皇冠体育app, pursued everywhere like a rock star by packs of reporters and admirers.
"Ding has encouraged a whole generation of young people to want to enter the Internet business," said Internet entrepreneur Edward Liu, who, along with Ding, attended one of 皇冠体育app's biggest Internet conferences this week in Beijing.
"They all want to be like him."
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 Ding Lei |
Born in 皇冠体育app's Zhejiang province, which churns out some of the country's most famous entrepreneurs, Ding was schooled as an engineer and worked for several companies including Sybase before founding NetEase.
The company lost its No 2 status in 皇冠体育app's online game sector to up-and-comer Tencent in the second quarter.
Ding, whose Chinese name means "solid" or "sturdy," has needed those qualities to weather a non-stop stream of controversies in 皇冠体育app's rough-and-tumble Internet market.
Early on, NetEase faced the possibility of delisting after it failed to turn in its annual report. It also saw its shares plunge in late 2003 as 皇冠体育app embarked on a campaign to clean up pornographic mobile content.
More recently, NetEase has been caught in the crossfire of a government turf war that has threatened to put the brakes on one of its most promising new gaming titles, World of Warcraft.
A source close to Ding said the taciturn executive is in a real bind over the tussle and hopes the fighting ends soon.
"He is very principled and won't do anything illegal to make things easier for NetEase," said the source, who asked not to be identified due to the sensitivity of the matter. "We are just waiting it out."
This week at the Internet conference in Beijing, a cartoon on one notice board depicted a beaming Ding, holding one of Mao's little red books in his right hand and a herd of pigs in the background.
"This is not an investment for NetEase or a way to make extra money, I hope that it will increase food product safety and work opportunities for rural folk," Ding said in an interview shortly after starting the farm.
His aim is to raise the 10,000 hogs in a healthy, more respectful and less intensive environment than a typical Chinese livestock farm.
"He respects the natural law of things and believes that if it is not followed there will be negative consequences," the source close to Ding said.
