Wang Chuanfu

About Wang Chuanfu

Birth Day: April 08, 1966
Birth Place: Shenzhen, China, China
Birth Sign: Taurus
Residence: Shenzen, China
Alma mater: Central South University Beijing Non-Ferrous Research Institute
Spouse(s): married

Wang Chuanfu Net Worth

Wang Chuanfu was bornon April 08, 1966 in Shenzhen, China, China. Wang Chuanfu's BYD reigns as king of the nascent electric vehicle industry in China, the world's largest EV market to date. Warren Buffett's Berkshire Hathaway owns an 8% stake in BYD. Born in a farm village in one of China's poorest provinces in 1966, Wang was orphaned as a teen and raised by his elder brother and sister. The high achiever made it to college, excelling as he trained his sights on battery technology. Wang cofounded BYD as a rechargeable battery company in the mid 1990s.
Wang Chuanfu is a member of Manufacturing

💰 Net worth: $4.2 Billion (Updated at 22 June 2018)

2009 $1.3 Billion
2010 $4.4 Billion
2011 $2.7 Billion
2012 $1.9 Billion
2013 $2.3 Billion
2014 $4.3 Billion
2015 $3.9 Billion
2016 $4.4 Billion
2017 $4.2 Billion
2018 $5.84 Billion

Some Wang Chuanfu images

Biography/Timeline

1990

Wang Chuanfu was born in Wuwei County, Anhui province to a family of poor farmers. While in high school he was cared for by his elder brother and sister because both of his parents had died. After high school he studied chemistry at the Central South University, and went on to earn a master's degree in 1990 from the Beijing Non-Ferrous Research Institute.

1995

He spent several years as a government researcher, but in 1995 he entered the private sector and founded his own company, BYD Company, outside of Shenzhen. Founded with his cousin Lu Xiangyang when he was just 29 years old, BYD Company is currently the world's biggest mobile phone batteries manufacturer. In early 2009, he was reportedly worth US$3.4 billion, placing him 408th on Hurun Report's Global Rich List 2014 . In late 2009, his worth grew to $5.1 billion and was crowned China's richest man on the Hurun Report. This was due largely to a fivefold increase in his company's value after Berkshire Hathaway bought 225 million new shares of BYD in 2008.