VICE CHAIRMAN, Changsha Jingjia Microelectronics Yu Lili is the vice chair of electronic products maker Changsha Jingjia Microelectronics. Changsha Jingjia Microelectronics went public on the Shenzhen Stock Exchange in 2016. Net worth: $1.5 billion Yu’s husband Zeng Wanhui chairs Jingjia. ... read more
Chairman, Contemporary Amperex Technology Wu Yingming is chairman of the board of supervisors at Contemporary Amperex Technology, a supplier of lithium-ion batteries also known as CATL. Wu holds an undergraduate degree from Northeastern University in China. Net worth: $1.6 billion. CATL is headquartered in the city of Ningde in China’s Fujian Province. ... read more
Vice Chairman, Liby Group Chen Kaixuan is vice chairman of Guangzhou-headquartered Liby Group, a supplier of washing detergents and soap. Chen co-founded Liby in 1994 with his brother Chen Kaixuan, who is also a member of the 2023 Forbes Billionaires List. Net worth: $1.6 billion. Daughter Danxia chairs Cheerwin Group, a Hong Kong-listed consumer and pet products company... read more
CHAIRMAN, Weigao Holding Company Chen Xueli is the chairman of Weigao Holding Company, a supplier to the healthcare industry. Chen co-founded his first disposable infusion business in an old warehouse in China in 1988. Net worth: $1.5 billion His main publicly listed business is Shangdong Weigao Group Medical Polymer, which trades at the Hong Kong Stock Exchange. ... read more
Chairman, Chow Tai Seng Jewelry Zhou Zongwen chairs Chow Tai Seng Jewelry, which listed on the Shenzhen Stock Exchange in 2017. Zhou is a graduate of the China University of Geosciences. Net worth: $1.6 billion. Zhou opened the first Chow Tai Seng jewelry store in Beijing in 1999. ... read more
Chairman and President, Yunda Holding Nie Tengyun is the chairman and president of Yunda Holding, one of China’s largest express delivery companies. The company finished a backdoor listing in China in December 2016 and changed the listed company’s name from Ningbo Xinhai Electric to Yunda Holding. Net worth: $1.6 billion. Nie established the company in 1999 w... read more
CO – FOUNDER, Hengan International Sze Man Bok cofounded (with fellow billionaire Hui Lin Chit) and chairs Hengan International, China’s largest home-grown supplier of sanitary napkins. Hengan International leads in industry sales in China over global giants such as Proctor & Gamble, Johnson & Johnson and Kimberly-Clark. Net worth: $1.5 billion Sze... read more
FOUNDER, Wensli Group Huang Qiaoling, one of China’s most successful theme park entrepreneurs, chairs Songcheng Performance Development. Huang businesses operate 30 theme parks and 10 resorts. Net worth: $1.5 billion Huang served in the army from 1975-80, and his early career was in the arts. ... read more
Chairman, Zall Development Group A former advertising executive, Yan Zhi chairs Hong Kong-listed Zall Smart Commerce Group, previously called Zall Group. The firm started with shopping mall development and then got into e-commerce as well as wholesale trading, logistics and warehousing. Net worth: $1.6 billion. Yan holds an EMBA from the Cheung Kong Graduate School. Yan ... read more
FOUNDER & CEO, Thundersoft Company Limited Zhao Hongfei chairs Shenzhen-listed software firm Thunder Software Technology. Zhao holds a master’s degree from the Beijing Institute of Technology. Net worth: $1.5 billion Zhao worked for a joint venture of Japan’s NEC and the Chinese Academy of Science’s Institute of Software before founding Thunder in 2... read more
Former Director and Executive Vice President, ZTO Express Lai Jianfa is a former director and executive vice president of express delivery firm ZTO Express; he resigned his positions in May 2022. ZTO was founded in 2002. Net worth: $1.6 billion. ZTO’s business partners include Alibaba and JD.com. ... read more
Chairman, Youngor Group Li Rucheng chairs China’s Youngor Group, which has branched out from garments into real estate and finance. Li was assigned to work in a collective factory in Ningbo in 1980 and became factory chief in 1982. Youngor Group grew out of that business. Net worth: $1.6 billion. Younger employs more than 50,000 people. ... read more
Chairman, Ningbo Sanxing Medical Electric Zheng Jianjiang is chairman of Ningbo Sanxing Medical Electric. Zheng began working from a bankrupt watch parts factory in 1986 with seven other people. Net worth: $1.6 billion. Sanxing’s parent company, AUX Group, also has interests in air conditioning manufacturing and real estate development. ... read more
CHAIRMAN, Yongxing Special Materials Technology Gao is chairman of Yongxing Special Materials Technology, a supplier of nickel alloy and stainless steel wire rods and bars. Yongxing was established in July 2000. Net worth: $1.5 billion Gao served in the People’s Liberation Army Navy from 1981 to 1987. ... read more
Cofounder and Director, Guangdong Haid Group Xu Yingzhuo is cofounder and director of Guangdong Haid Group, a supplier of aquatic products. Xu holds degrees from South China University and an MBA from HEC Paris. Net worth: $1.7 billion. Guangdong Haid Group went public on the Shenzhen Stock Exchange in 2009. ... read more
General Manager, Hangzhou Hikvision Digital Technology Hu Yangzhou is the general manager of Hangzhou Hikvision Digital Technology, one of the world’s largest suppliers of surveillance products. Hikvision’s revenue and net profit in 2018 were $7.5 billion and $1.7 billion, up 19% and 20.5%. from a year earlier. Net worth: $1.7 billion. Hu graduated from the H... read more
Chairman, Tibet Cheezheng Tibetan Medicine Co Ltd Lei Jufang chairs Tibet Cheezheng Tibetan Medicine, best known for its pain-relief patches and cream. Lei discovered the business that made her a billionaire on a leisure trip to Tibet seeking peace of mind. Net worth: $1.7 billion. Lei holds an undergraduate degree from Xian Jiaotong University in vacuum physics. ... read more
Cofounder, CEO and Chairman, Qihoo 360 Zhou Hongyi is the cofounder, CEO and chairman of Beijing-based Internet security software provider and search company 360 Security Technology, also known as Qihoo 360. Zhou previously founded 3721.com, an online search company that was purchased by Yahoo. Net worth: $1.7 billion. Qihoo delisted from the New York Stock Exchange in 2... read more
FOUNDER, GDS Holdings Ltd Huang Wei controls Xinhu Zhongbao, one of China’s largest real estate developers. Xinhu Zhongbao holds a minority stake in Wind, one of China’s largest providers of financial information. Net worth: $1.5 billion Huang’s Xinhu Group has a controlling stake in Xiangcai Securities, a Chinese brokerage. Huang’s son Huang Lich... read more
Founder, DJI Lu Di was an early investor in Chinese drone maker DJI when it was founded in 2006. Today the Shenzhen-headquartered business is one of the world’s largest drone makers. Net worth: $1.7 billion. Lu has been called a “penny pincher” by DJI’s CEO Frank Wang. ... read more