Rank #2979
Yu Kai
Net worth $1.3B
Autonomous driving · China
- Born
- Jan 01, 1977
- Age
- 49
- Source
- Autonomous driving
- Residence
- Beijing
- Citizenship
- China
- Marital status
- Children
- 0
- Education
Net worth over time
Biography
- Yu Kai is the chairman and CEO of Beijing-based Horizon Robotics, which develops both the software and hardware needed for self-driving cars.
- The company listed on the Hong Kong Stock Exchange in October 2024 in what was the bourse's largest IPO so far in the year, raising nearly $700 million.
- Before it went public, Horizon has attracted investors including SAIC Motor, 5Y Capital, Hillhouse, HongShan and Volkswagen.
- Horizon claims to be the largest Chinese provider of assisted and autonomous driving systems in the country by installation volume, counting Volkswagen, Hyundai Motor and BYD as its customers.
- An AI scientist, Yu started an autonomous driving project at Baidu before cofounding Horizon Robotics in 2015 with other former Baidu employees.
Financial assets
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