Image: Unsplash Contributor | Unsplash License | via Unsplash
Bingkun Xie, a self-made billionaire, chairs Fujian Kuncai Material Technology, a leading supplier of coating materials. His wealth stems from his work in the pearlescent pigments industry. Xie founded the predecessor of Kuncai in 2005, which went public in 2017. As of March 22, 2026, his net worth is estimated at $1.2 billion.
Bingkun Xie founded the predecessor of Kuncai in 2005 in Fuzhou, China. Kuncai specializes in the research, production, and sales of inorganic pigments used in automotive coatings, cosmetics, plastics, and printing inks.
Xie's career is marked by establishing Fujian Kuncai Material Technology as a leading supplier of coating materials. The company's IPO in 2017 on the Shanghai Stock Exchange was a significant achievement, securing his wealth and providing capital for expansion.
Under Xie's leadership, Kuncai has invested heavily in R&D to develop high-end synthetic mica and titanium dioxide, aiming to control the supply chain for pearlescent materials. This focus on innovation has positioned Kuncai as a global leader in the niche market of effect pigments.
I am sorry, but I was unable to find any information on the specific philanthropy amounts for Bingkun Xie and his family. However, Mr. Xie was awarded the State Council Special Government Allowance, which is a recognition of his contributions to industrial development, scientific, and technological innovation.
Bingkun Xie founded the predecessor of Kuncai in Fuzhou, China.
Fujian Kuncai Material Technology went public on the Shanghai Stock Exchange.