Rank #1542
Tong Yongsheng & family
Net worth $2.7B
electrical equipment · China
- Born
- Dec 13, 1964
- Age
- 61
- Source
- electrical equipment
- Residence
- Shenzhen, Guangdong
- Citizenship
- China
- Marital status
- Married
- Children
- 0
- Education
Net worth over time
Biography
- Tong Yongsheng leads Shenzhen Megmeet Electrica, which specializes in energy conversion technologies.
- The company is a renowned domestic supplier across multiple sectors, including smart home appliances, power supply products, green energy and rail transit components.
- In 2024, the company announced that it participated in the designing of NVIDIA's Blackwell system, making it one of NVIDIA's more than 40 equipment suppliers that serve its data centers.
- The company has set up R&D centers in the U.S. and Germany, and plans to build manufacturing plants in Thailand, India and the U.S.
- Tong Yongsheng holds Postdoctoral Fellow in Power Electronics at Zhejiang University. He worked for Huawei from 1996 to 2001 and Emerson later.
- Tong assumed leadership of Megmeet in 2005 amid financial losses and has since served as chairman and CEO; the company has been profitable under his helm.
Financial assets
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