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#93 Billionaire

Wang Chuanfu

Wang Chuanfu
$23.6B
$-769M (-3.2%)
CN · Age 59
Source of wealth: Batteries, automobiles
Industry: automotive
Organization: BYD, Founder and CEO
Residence: Shenzhen
{ "bio": [ "Wang Chuanfu is the chairman and CEO of BYD and has led it to become one of the world's largest EV companies.", "Warren Buffett's Berkshire Hathaway bought a 10% stake in BYD for $230 million in 2008, although the U.S. investment giant has been trimming the stake.", "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 1995." ], "about": [ "BYD stands for \"Build Your Dreams.\"", "BYD started out making batteries for the booming mobile phone market, with customers such as Motorola and Nokia." ] }

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