Wang Chuanfu Net Worth

Today, Wang Chuanfu's BYD is the king of the electric vehicle industry in China, the world's largest EV market, and is owned by Warren Buffett's Berkshire Hathaway with an 8% stake.
Wang Chuanfu is a member of Manufacturing

Age, Biography and Wiki

Birth Day April 08, 1966
Birth Place Shenzhen, China, China
Age 57 YEARS OLD
Birth Sign Taurus
Residence Shenzen, China
Alma mater Central South University Beijing Non-Ferrous Research Institute
Spouse(s) married

💰 Net worth: $18.7 Billion (2024)

Wang Chuanfu, renowned for his contribution to the manufacturing industry in China, is projected to have a staggering net worth of $18.7 billion in 2024. As the founder and chairman of BYD Company Limited, a leading electric vehicle and battery manufacturer, Wang has played a pivotal role in advancing China's sustainable mobility sector. His entrepreneurial vision and determination have not only garnered immense wealth but have also positioned him as a key figure in the country's development towards a greener future. With his significant net worth, Wang Chuanfu continues to inspire and pave the way for innovation in the manufacturing sector, both in China and globally.

2009 $1.3 Billion
2010 $4.4 Billion
2011 $2.7 Billion
2012 $1.9 Billion
2013 $2.3 Billion
2014 $4.3 Billion
2015 $3.9 Billion
2016 $4.4 Billion
2017 $4.2 Billion
2018 $5.84 Billion

Some Wang Chuanfu images

Biography/Timeline

1990

Wang Chuanfu was born in Wuwei County, Anhui province to a family of poor farmers. While in high school he was cared for by his elder brother and sister because both of his parents had died. After high school he studied chemistry at the Central South University, and went on to earn a master's degree in 1990 from the Beijing Non-Ferrous Research Institute.

1995

He spent several years as a government researcher, but in 1995 he entered the private sector and founded his own company, BYD Company, outside of Shenzhen. Founded with his cousin Lu Xiangyang when he was just 29 years old, BYD Company is currently the world's biggest mobile phone batteries manufacturer. In early 2009, he was reportedly worth US$3.4 billion, placing him 408th on Hurun Report's Global Rich List 2014 . In late 2009, his worth grew to $5.1 billion and was crowned China's richest man on the Hurun Report. This was due largely to a fivefold increase in his company's value after Berkshire Hathaway bought 225 million new shares of BYD in 2008.