Lv Yongxiang Net Worth

Lv Yongxiang is a Chinese businessman born in Jilin, China on April 28, 1942. He is the chairman of Shenzhen-listed Jilin Yongda Group, a supplier of magnetic switches. Prior to founding the predecessor of Yongda in 1986, Lv worked for Jihua Group, owned by Petrochina.
Lv Yongxiang is a member of Manufacturing

Age, Biography and Wiki

Birth Day April 28, 1942
Birth Place Jilin, China, China
Age 81 YEARS OLD
Birth Sign Taurus
Alma mater Zhejiang University RWTH Aachen University
Awards Rudolf-Diesel-Medaille (1997) Bundesverdienstkreuz (2000) Harnack medal (2006)
Fields Mechanical engineering
Institutions Zhejiang University RWTH Aachen University CAS Tsinghua University

💰 Net worth: $1.1 Billion (2024)

Lv Yongxiang, a renowned figure in the manufacturing industry in China, is set to amass substantial wealth in the upcoming years. As of 2024, his net worth is estimated to be a staggering $1.1 billion. Known for his exceptional acumen and expertise in the manufacturing sector, Yongxiang has proven himself as an influential figure in China's economic landscape. With his wealth steadily accumulating, Lv Yongxiang continues to solidify his position as a prominent force in the Chinese manufacturing industry.

Biography/Timeline

1964

Lu studied in the Department of Mechanical Engineering, Zhejiang University (ZJU), and majored in hydrodynamics (hydraulic mechanics). He graduated from ZJU in 1964, and became a lecturer in his department at ZJU. 1979, Lu was an Alexander von Humboldt Research Fellow at RWTH Aachen University, West Germany. Lu obtained his doctorate in 1981, based on his dissertation Entwicklung vorgesteuerter Proportionalventile mit 2-Wege-Einbauventil als Stellglied und mit geräteinterner Rückführung. Aachen: Techn. Hochsch.; Diss.; 1981.

1981

In 1981, Lu returned to ZJU and continued his teaching position as a lecturer. He soon was promoted to associate professor and was the research group leader of the Laboratory of Fluid Power Transmission and Control at ZJU. 1983, Lu was promoted to professor, and was the Director of the Institute of Fluid Power Transmission and Control, Department of Mechanical Engineering, ZJU. From 1985 to 1987, Lu served as Vice-president of ZJU; and from 1988 to 1995, he was the President of ZJU. Lu is also a part-time professor at Tsinghua University.

1993

Lu was appointed Vice-president of the Chinese Academy of Sciences (CAS) in November 1993. From 1993 to 1997, he was the Executive Vice-president of CAS. From July 1997 to March 2011, he was the President of the Chinese Academy of Sciences, and also the Executive Chairman of the Presidential Committee of CAS Academic Board (中国科学院学部主席团). Lu has served as a Vice-chairman of National People's Congress.