Rank #115
Wang Chuanfu
Net worth $23.2B
Batteries, automobiles · China
- Born
- Apr 08, 1966
- Age
- 60
- Source
- Batteries, automobiles
- Residence
- Shenzhen
- Citizenship
- China
- Marital status
- Married
- Children
- 0
- Education
- Master of Science, Beijing Non-Ferrous Research Institute; Bachelor of Arts/Science, Central South Industrial University of Technology
Net worth over time
Biography
- Wang Chuanfu is the chairman and CEO of BYD and has led it to become one of the world's largest EV companies.
- Warren Buffett's Berkshire Hathaway acquired a 10% stake for $230 million in 2008. It fully exited in 2025 and made billions of dollars in returns.
- Born in a farm village in one of China's poorest provinces in 1966, Wang was orphaned as a teen and raised by his elder brother and sister.
- The high achiever made it to college, excelling as he trained his sights on battery technology.
- Wang cofounded BYD as a rechargeable battery company in 1995.
- BYD stands for "Build Your Dreams."
- BYD started out making batteries for the booming mobile phone market, with customers such as Motorola and Nokia.
Financial assets
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