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Billionaire Profile
Cao Yuhua & family
Global Rank
#2690

Image: Unsplash Contributor | Unsplash License | via Unsplash

Cao Yuhua & family

CEO, Auto parts
CHINA
Real-Time Net Worth
$1.465B
Estimated based on Auto parts stock value as of April 20, 2026
+6.9% (24h)
Age
71
Source
auto parts
Industry
Automotive
Citizenship
CHINA

Biography

Cao Yuhua, the 71-year-old chairman of Wuxi Best Precision Machinery, has built a substantial fortune through his auto parts manufacturing business. His net worth is estimated at $1.1 billion as of March 2026. With a career originating from a machinery factory in Wuxi, Cao founded his company in 1997. His success highlights his entrepreneurial spirit and ability to capitalize on the automotive industry's demand for precision components and intelligent equipment. Cao's company serves the new energy vehicle and industrial machinery sectors.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life and Career

Cao Yuhua's career began before the founding of Wuxi Best Precision Machinery. He worked at a machinery factory in Wuxi, China, laying the foundation for his future entrepreneurial endeavors.

Rise to Success

In 1997, Cao Yuhua founded Wuxi Best Precision Machinery. The company manufactures precision components, intelligent equipment, and fixtures for the auto parts industry. This strategic focus has been key to his success. The company's products are widely used in new energy vehicles, industrial machinery, and robots.

Key Business Strategies

A significant portion of Wuxi Best Precision Machinery's revenue comes from overseas markets in Asia, Europe, and the Americas, demonstrating a strong global presence. Cao's leadership has driven the company's expansion and diversification within the auto parts sector.

Philanthropy

Information regarding Cao Yuhua's specific philanthropic activities and amounts is not available in the search results. It is common for high-net-worth individuals to engage in charitable giving, but these details are often not publicly disclosed.

Career Milestones

1997

Founded Wuxi Best Precision Machinery

Established a company focused on manufacturing precision components for the auto parts industry.

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