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Wang Chuanfu
$18.52B
as of 06/30/24
About Wang Chuanfu
Wang Chuanfu has led BYD to become the world's largest EV company by sales, overtaking Tesla in 2022 and accounting for 21% of the global market today.
Warren Buffett's Berkshire Hathaway now owns roughly 8% of BYD, after first investing $230 million for a 10% stake in 2008.
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.
Personal stats
Citizenship
People's Republic of ChinaSource of wealth
Batteries, automobilesResidence
Shenzhen, People's Republic of ChinaMarital status
MarriedBirth date
02/15/66 (age 58)Education
Master of Science, Beijing Non-Ferrous Research Institute; Bachelor of Arts/Science, Central South Industrial University of TechnologySelf-made
self-madeWang Chuanfu’s fortune is worth
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309K
troy ounces of gold
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285K
median U.S. household
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185K
median U.S. income
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0.37%
U.S. credit card volume
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0.074%
GDP of the United States
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0.054%
United States debt
Net worth history
Annual ranking
Did you know?
BYD started out making batteries for the booming mobile phone market, with customers such as Motorola and Nokia.
Net worth over time
Real-time ranking
Financial assets
SHENZHEN | 002594-CN
BYD Co. Ltd. Class AHONG KONG | 1211-HK
BYD Co. Ltd. Class HImages © Forbes.com. All rights reserved.