Lucy Peng Net Worth

Born in 1972 in Hangzhou, China, Lucy Peng is the CEO of Ant Financial Services, the online finance arm of Alibaba Group. She has held various positions in the company, including Chief People Officer, and has a Bachelor's degree in Business Administration from Hangzhou Institute of Commerce of Zhejiang Gongshang University.
Lucy Peng is a member of Technology

Age, Biography and Wiki

Who is it? CEO, Ant Financial Services, Alibaba Group
Birth Year 1972
Birth Place Hangzhou, China, China
Age 51 YEARS OLD
Native name 彭蕾
Alma mater Zhejiang Gongshang University
Occupation Co-founder & CEO, Ant Financial Chief people officer, Alibaba
Spouse(s) Sun Tongyu

💰 Net worth: $2.9 Billion (2024)

Lucy Peng, the esteemed CEO of Ant Financial Services and a key figure in the Alibaba Group, is projected to have an impressive net worth of $2.9 billion by 2024. Recognized for her significant contributions to the financial and technology sectors in China, Peng has played a vital role in the growth and success of Ant Financial, an affiliate of Alibaba Group. With her exceptional leadership skills and strategic vision, she has propelled the company to become an industry leader in digital payment and financial technology solutions. Peng's remarkable achievements have solidified her position as one of the most prominent and influential businesswomen in China.

Some Lucy Peng images

Biography/Timeline

1994

Peng earned a degree in Business administration in 1994 from Hangzhou Institute of Commerce, which was renamed as Zhejiang Gongshang University in 2004. Following her graduation, she taught at the Zhejiang University of Finance and Economics for five years. Peng quit teaching shortly after marrying, and with her husband (who would later run Taobao, Alibaba's eBay reminiscent marketplace) joined Jack Ma in founding Ali Baba in September 1999. They were one of the many husband and wife teams making up the 1/3rd ratio of women amongst Alibaba's founding partners that the company would later become positively praised for.

2010

From January 2010 to February 2013, Peng was the CEO of Alipay. Alipay became the most successful payment gateway within China under her management, expanding to over 800 million users as of 2014. As of the end of 2014, it was valued at around $60 billion.

2012

Porter Erisman, in his 2012 documentary Crocodile in the Yangtze about Alibaba's early years, described Peng as "a funny and down-to-earth" leader.

2013

In 2013, Peng's name was frequently floated by the Chinese press as a candidate for Alibaba's next CEO. However, another executive eventually got the job.

2014

Peng became a Billionaire in 2014 based on Alibaba's valuation prior to its record-setting IPO.

2015

In 2015, she was ranked as the third richest woman in the tech sector by Wealth-X, and the #11 Most Powerful Woman in Asia by Fortune.

2016

As of 2016, Peng was listed as the 35th most powerful woman in the world by Forbes, #35 on their list of Power Women for 2016, and #17 on their list of Asia Power Women for 2016.