Portrait of Lu Xiangyang

Rank #144

Lu Xiangyang

Net worth $19.2B

Automobiles, batteries · China

Born
Dec 28, 1962
Age
63
Source
Automobiles, batteries
Residence
Guangzhou, Guangdong
Citizenship
China
Marital status
Married
Children
0
Education

Net worth over time

Biography

  • Lu Xiangyang was working at a local branch of the People's Bank of China in 1995 when he teamed up with his cousin Wang Chuanfu to start BYD, then a battery maker.
  • Lu is now vice chairman of the company, which has grown into one of the world's largest EV makers.
  • Lu also runs his own investment firm, Youngy Investment Holding Group.

Financial assets

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