Billionaire Profile
Arthur Xiaobo Hong
Global Rank
#2823

Image: Public domain | via Wikimedia Commons

Arthur Xiaobo Hong

CEO, Vipshop Holdings Limited
CN
Real-Time Net Worth
$1.2B
As of December 2025
Age
53
Source
e-commerce
Industry
fashion-retail
Citizenship
CN

Biography

Arthur Xiaobo Hong, a Chinese entrepreneur, is the co-founder, Vice Chairman, and Chief Operating Officer of Vipshop Holdings Limited, a leading e-commerce company specializing in online flash sales. With a net worth of $1.2 billion as of December 4, 2025, Hong's source of wealth stems from his ventures in the fashion-retail industry. His career includes over 15 years of experience in the distribution of consumer electronic products.

Wealth Over Time

In-Depth Profile

Early Life

Born in 1975, Arthur Xiaobo Hong is a prominent figure in the e-commerce sector in China. Before his success in the online retail industry, Hong had experience in the distribution of consumer electronic products.

Rise to Success

Hong co-founded Vipshop Holdings Limited in August 2008 with Eric Ya Shen. Since January 2011, he has served as the Vice Chairman of the Board of Directors, and as Chief Operating Officer since August 2012. Vipshop, a leading online discount retailer, specializes in flash sales of branded apparel and accessories. Under Hong's leadership, Vipshop scaled its logistics and supply chain infrastructure to support high-volume sales. Hong's contributions were instrumental in building Vipshop into a major player in China's e-commerce market, with a focus on value-driven shopping experiences. His involvement also included serving as the chairman of the board of directors of Société Europe Pacifique Distribution from 1998 to 2011.

Key Business Strategies

Vipshop's success is attributed to its unique flash sale model, offering high-quality, branded products at significant discounts. The company's focus on building partnerships with over 29,000 brand partners has been crucial for product authenticity and variety. The company has also invested in building its own logistics system, which allows it to control the customer experience. Hong's strategic leadership has significantly contributed to Vipshop's growth and profitability.

Philanthropy

While specific details on philanthropy amounts are unavailable, Hong is known for his philanthropic efforts, particularly in education and technological research. His contributions include funding scholarships and supporting tech innovation programs, aiming to foster the next generation of tech leaders in China.

Career Milestones

1998

Chairman

Served as chairman of the board of directors of Société Europe Pacifique Distribution, a French company engaging in the distribution of consumer electronic products.

2008

Co-founder

Co-founded Vipshop Holdings Limited

2010

Graduated

Graduated from Cheung Kong Graduate School of Business.

2011

Vice Chairman

Appointed as the Vice Chairman of the board of directors of Vipshop Holdings Limited.

2012

Chief Operating Officer

Appointed as Chief Operating Officer of Vipshop Holdings Limited.

Philanthropy & Social Impact

Education and Technology

Education and Technological Research

$XB

Supports education and tech innovation programs.