Billionaire Profile
Arthur Xiaobo Hong
Global Rank
#3151

Image: Unsplash Contributor | Unsplash License | via Unsplash

Arthur Xiaobo Hong

CEO, E-commerce
CHINA
Real-Time Net Worth
$0.988B
Estimated based on E-commerce stock value as of March 6, 2026
-5.54% (24h)
Age
54
Source
e-commerce
Industry
Technology
Citizenship
CHINA

Biography

Arthur Xiaobo Hong is a co-founder, Vice Chairman, and Chief Operating Officer of Vipshop Holdings Limited, a leading online discount retailer in China. His career has spanned over 20 years in the consumer goods distribution and e-commerce industries. Hong's strategic vision and operational expertise have been instrumental in Vipshop's success. His work has been recognized in Forbes as he became a billionaire.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Information regarding Arthur Xiaobo Hong's early life is limited. However, it is known that he previously worked in the distribution of consumer goods before co-founding Vipshop.

Rise to Success

Arthur Xiaobo Hong co-founded Vipshop in August 2008 with Eric Ya Shen. Vipshop pioneered the flash sale model for branded goods in China, which helped the company establish a unique market position. Hong has served as the Vice Chairman of the Board of Directors since January 2011 and as the Chief Operating Officer since August 2012. Vipshop had an IPO on the NYSE in 2012, which raised approximately $72.6 million, and has grown to a market capitalization of approximately $9.52 billion as of November 2025. Hong's strategic decisions have helped the company achieve revenue of RMB21.4 billion (approximately $3.0 billion) in Q3 2025 and a net income of RMB1.2 billion (US$171.5 million) in Q3 2025.

Key Business Strategies

Hong's key responsibilities include overseeing Vipshop's daily operations and business execution. The company's operational engine is built on a tight, efficient supply chain that manages the entire off-price lifecycle, from procurement to delivery. Furthermore, Vipshop has built relationships with over 40,000 domestic and international brands, which helps the company in offering a reliable channel for brands to offload excess inventory.

Philanthropy

Beyond his business ventures, Hong is known for his philanthropic efforts, contributing to various causes, particularly in education and technological research.

Career Milestones

1998

Chairman of the Board of Directors

Served as chairman of the board of directors of Société Europe Pacifique Distribution.

2008

Co-founder

Co-founded Vipshop Holdings Limited.

2011

Vice Chairman

Appointed as Vice Chairman of the Board of Directors of Vipshop.

2012

Chief Operating Officer (COO)

Appointed as Chief Operating Officer of Vipshop.

Philanthropy & Social Impact

Education and Technology

Education and Technological Research

$XB

Contributes to various causes, particularly in education and technological research through funding scholarships and supporting tech innovation programs.