Hao Tang

About Hao Tang

Hao Tang is a pre-IPO investor in AppLovin, a marketing software and mobile game maker that went public at a $25 billion valuation in 2021.

He owns 4% of AppLovin after unloading nearly half his shares for an estimated $1.3 billion (pre-tax) since 2023.

Tang is one of eight billionaires from AppLovin, which has seen its market capitalization more than triple as a public company.

Little is known about Hao Tang, though securities filings list a business address for him on the same street in Hong Kong as another mysterious billionaire AppLovin investor, Ling Tang.