Portrait of He Xiaopeng

Rank #1453

He Xiaopeng

Net worth $2.9B

Electric vehicles · China

Born
Nov 03, 1977
Age
48
Source
Electric vehicles
Residence
Guangzhou, Guangdong
Citizenship
China
Marital status
Children
0
Education
Bachelor of Technology, South China University of Technology

Net worth over time

Biography

  • He Xiaopeng is the cofounder and chairman of Xpeng, an electric vehicle maker dual-listed in New York and Hong Kong.
  • German automaker Volkswagen announced in July 2023 it would acquire a 4.99% stake in Xpeng via a $700 million capital increase, and subsequently gain an observer seat on its board.
  • In August 2023, Xpeng acquired ride-hailing platform Didi's smart-car development arm in a $744 million all-stock deal to be completed in stages, with Didi owning an eventual 3.25% stake.
  • Before Xpeng, the mogul founded browser UCWeb, which was acquired by Alibaba in 2014.

Financial assets

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