Wang Wei
$16.0B
Born
Oct 01, 1970
Age
55
Source of Wealth
Package delivery
Residence
Shenzhen, Guangdong
Citizenship
China
Marital Status
Children
0
Education
- Wang Wei is the chairman of S.F. Holding, the package delivery giant known for its SF Express brand.
- Wang founded the company in Shunde, Guangdong, in 1993 and is its majority owner.
- Unlike peers that often outsource deliveries to franchisees, S.F. relies on its own employees as well as fleets of aircraft and vehicles to achieve same- or next-day delivery.
- Wang took the firm public through a reverse merger on the Shenzhen Stock Exchange in 2017. It then listed in Hong Kong in 2024 through a secondary offering.
- Its delivery unit Hive Box's 2024 application for a Hong Kong IPO has lapsed amid heavy losses.
- In 2023, S.F. sold its economical delivery unit Fengwang Information to competitor J&T Express for $173 million.
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