Cao Yuhua & family

CEO, Auto parts

CHINA

Real-Time Net Worth

$1.119B

Estimated based on Auto parts stock value as of March 6, 2026

+1.01% (24h)

Age

Source

auto parts

Industry

Automotive

Citizenship

CHINA

Biography

Cao Yuhua, a 71-year-old billionaire, is the chairman of Wuxi Best Precision Machinery. He founded the company in 1997, and it manufactures precision components for the automotive industry, as well as for new energy vehicles, industrial machinery, and humanoid robotics. The company derives over one-third of its revenue from international markets across Asia, Europe, and the Americas. His estimated net worth is $1.2 billion as of February 1, 2026.

Fact Checked

Verified by Editorial Team

Live Data

Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Cao Yuhua began his career working at a machinery factory in Wuxi before founding Wuxi Best Precision Machinery in 1997. Further details about his early life and education are not available.

Rise to Success

Cao's success stems from founding Wuxi Best Precision Machinery. The company produces precision components, intelligent equipment, and fixtures used in new energy vehicles, industrial machinery, and humanoid robotics. Over one-third of the company's revenue comes from overseas markets across Asia, Europe, and the Americas. Cao's daughter, Cao Yi, serves as vice chairman of the company.

Key Business Strategies

The key business strategy seems to be focusing on high-precision components and expanding into new and growing sectors such as new energy vehicles, humanoid robotics, and global markets.

Philanthropy

There is no information available about Cao Yuhua's philanthropic activities.

Career Milestones

1997

Founded Wuxi Best Precision Machinery

Established a company that manufactures precision components, intelligent equipment and fixtures.

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