Billionaire Profile
Chen Zhiping
Global Rank
#1275

Image: Jianjun Liu, Xin Ren, Wei Yan, Wangli Chen, Xingguo Zeng, Xiaoxia Zhang, Xu Tan, Xingye Gao, Qiang Fu, Dingxin Liu, Lin Guo, Qing Zhang, Jingjing Zhang, Guobin Yu, Zhiping He, Yan Geng, Rongqiao Zhang, Chunlai Li | CC BY 4.0 | via Wikimedia Commons

Chen Zhiping

CEO, E-cigarettes
CHINA
Real-Time Net Worth
$3.291B
Estimated based on E-cigarettes stock value as of March 6, 2026
+4.37% (24h)
Age
50
Source
E-cigarettes
Industry
Manufacturing
Citizenship
CHINA

Biography

Chen Zhiping is a prominent Chinese billionaire and the chairman and CEO of Smoore International Holdings. His wealth originates from the e-cigarette industry, where Smoore supplies vaping devices and components to major companies like Japan Tobacco and British American Tobacco. Chen's success in the rapidly growing vaping market made him China's first vaping billionaire. He debuted on the Forbes China Rich List in 2020 with a net worth of $9.55 billion. As of December 30, 2025, his net worth was estimated at $3.67 billion. Chen's career began with founding Smoore International in 2009, a company that quickly became the world's largest manufacturer of vaping devices and components.

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

Wealth Over Time

In-Depth Profile

Early Life

Details about Chen Zhiping's early life and education are not widely available in public sources. However, reports suggest that he was born around 1972, placing his age at approximately 50 in 2024.

Rise to Success

Chen Zhiping's rise to prominence began with the founding of Smoore International Holdings in 2009. The company quickly established itself as a key player in the burgeoning e-cigarette market, specializing in the research, design, manufacturing, and sale of vaping devices and components. Smoore's success was fueled by the growing global popularity of vaping and its ability to supply components to major tobacco and vaping companies. The company went public on the Hong Kong Stock Exchange in July 2020, raising over $900 million.

Key Business Strategies

Key business strategies for Chen Zhiping have included focusing on providing atomization technology solutions, developing advanced R&D capabilities, and establishing strong manufacturing expertise. The company's R&D platform comprises three divisions: the Basic Research Institute, the Technology Center, and the Technology Industrialization Center. By 2019, Smoore was the world's largest manufacturer of electronic atomizers, holding a significant market share. In 2024, the company diversified into inhalation therapy and beauty treatment.

Philanthropy

Information about Chen Zhiping's philanthropic activities is limited. However, one source mentions his contributions to education and poverty alleviation.

Career Milestones

2009

Founded Smoore International Holdings

Chen Zhiping founded Smoore International Holdings, a company focused on providing atomization technology solutions for the e-cigarette market.

2020

Smoore IPO

Smoore International Holdings went public on the Hong Kong Stock Exchange, raising over $900 million.

2020

First Vaping Billionaire

Chen Zhiping became China's first billionaire in the vaping industry.

2024

Diversification

Smoore expanded its technology into inhalation therapy and beauty treatments.

Philanthropy & Social Impact

Education and Poverty Alleviation

Education and Poverty Alleviation

Not publicly confirmed

Chen is known for contributions to education and poverty alleviation.