Billionaire Profile
Chen Zhiping
Global Rank
#1108

Image: Public domain | via Wikimedia Commons

Chen Zhiping

CEO, Smoore International Holdings
CN
Real-Time Net Worth
$3.8B
As of December 2025
Age
49
Source
E-cigarettes
Industry
manufacturing
Citizenship
CN

Biography

Chen Zhiping, at 49 years old, is a prominent figure in the e-cigarette industry. As the Chairman and CEO of Smoore International Holdings, he has overseen the company's growth into a global leader in vaping technology. Chen's wealth stems from his success in this sector, with his current net worth estimated at $3.8 billion. His career is marked by significant achievements, including leading Smoore through a successful IPO on the Hong Kong Stock Exchange in 2020. The company has diversified its technology into inhalation therapy and beauty treatment, expanding its market reach.

Wealth Over Time

In-Depth Profile

Early Life and Education

Chen Zhiping was born in China and is currently 49 years old. He holds a Master's degree from China Europe International Business School and a Bachelor of Arts/Economics from Tongji University. He started his career in the vaping industry in 2009 by founding Smoore Shenzhen, which later evolved into Smoore International Holdings.

Rise to Success

Chen Zhiping's career took off when he founded Smoore International Holdings, a company that supplies vaping devices and components. Smoore's success is primarily attributed to its strong relationships with major tobacco and vaping companies. In July 2020, Smoore International went public on the Hong Kong Stock Exchange, raising over $900 million. Chen's strategic vision and leadership have been instrumental in driving the company's growth, making him one of the first billionaires in China to make his fortune on vaping.

Key Business Strategies

The company's key strategies include a focus on innovation and technology, with a recent expansion into inhalation therapy and beauty treatment. Smoore's business model is centered on supplying components and custom devices to major players in the tobacco and vaping industries, like British American Tobacco and Japan Tobacco. His ability to adapt to market trends has positioned Smoore as a key player in the rapidly evolving e-cigarette market.

Philanthropy

Details on Chen Zhiping's philanthropic endeavors are not readily available through online search results. His focus appears to be on building and expanding Smoore International Holdings.

Career Milestones

2009

Founded Smoore Shenzhen

Established Shenzhen Smoore, the precursor to Smoore International Holdings.

2020

Smoore IPO

Led Smoore International Holdings through a successful IPO on the Hong Kong Stock Exchange.

2024

Diversification

Expanded technology into inhalation therapy and beauty treatment.