Lu Guanqiu Net Worth

Lu Guanqiu was born on January 17, 1945 in China. Lu Guanqiu, who started out acquiring scrap metal and turning it into farm tools during China's Cultural Revolution, died in October 2017. He leaves behind Wanxiang Group, one of China's largest conglomerates with more than 40,000 employees. Its interests are broad, including real estate, agribusiness and finance, but its core is auto parts. Heir apparent is son Lu Weiding, whose personal personal investments include film maker Huayi Brothers Media. Wanxiang America Corporation, based in Chicago, is run by Lu's son-in-law Ni Pin.
Lu Guanqiu is a member of Diversified

Age, Biography and Wiki

Birth Day January 17, 1945
Birth Place China
Died On 25 October 2017(2017-10-25) (aged 72)
Birth Sign Aquarius
Residence Hangzhou, China
Alma mater Zhejiang University
Occupation Founder & President Wanxiang Group
Spouse(s) married
Children 4

💰 Net worth: $5.7 Billion (2022)

2009 $1.3 Billion
2010 $2.4 Billion
2011 $3.1 Billion
2012 $2.6 Billion
2013 $3.1 Billion
2014 $3.5 Billion
2015 $5.1 Billion
2016 $5.7 Billion
2017 $5.7 Billion
2018 $5.7 Billion

Some Lu Guanqiu images



Lu was born in January 1945 in Yuhang, Hangzhou, Zhejiang Province, into a peasant family. When he was 15 years old, he dropped out of school and became an ironsmith.


In July 1969, he co-founded a factory with six other farmers, producing small agricultural machines. Lu later developed his factory into the present Wanxiang Group. It eventually became a large Manufacturing conglomerate and a leading Producer of automobile facilities and components.


Lu was married, with four children, and lived in Hangzhou, China. He died on 25 October 2017, aged 72.