
Chris Xu
$10.5B
as of 09/15/23
About Chris Xu
Chris Xu founded Shein in 2012 and has turned it into a fast-fashion phenomenon with Gen Z, selling trendy clothes in more than 150 countries.
Backed by Sequoia China, it's one of the world's most popular shopping apps whose users love its low prices.
The company raised money at a valuation of $100 billion in the first half of 2022; it subsequently fell back amid a global stock rout.
In 2022, Shein opened its first U.S. distribution center in Whitestown, Indiana and its first Canadian one in the greater Toronto area.
The company ventured offline in 2023, teaming up with Sparc Group, the operator of fast fashion chain Forever 21, to step into the retailer's locations across the U.S.
Personal stats
Citizenship
People's Republic of ChinaSource of wealth
E-commerceResidence
Guangzhou, People's Republic of ChinaBirth date
01/01/84 (age 41)Education
Bachelor of Science, Qingdao UniversitySelf-made
self-madeChris Xu’s fortune is worth

175K
troy ounces of gold

162K
median U.S. household

105K
median U.S. income

0.21%
U.S. credit card volume

0.042%
GDP of the United States

0.031%
United States debt
Net worth history
Annual ranking
Net worth over time
Real-time ranking
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