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Billionaire Profile
He Xiaopeng
Global Rank
#1446

Image: Matti Blume | CC BY-SA | via Wikimedia Commons

He Xiaopeng

CEO, Electric vehicles
CHINA
Real-Time Net Worth
$2.866B
Estimated based on Electric vehicles stock value as of March 6, 2026
+1.08% (24h)
Age
48
Source
Electric vehicles
Industry
Automotive
Citizenship
CHINA

Biography

He Xiaopeng is a prominent Chinese entrepreneur and the co-founder and chairman of XPeng, a leading electric vehicle manufacturer. Born on November 3, 1977, He has significantly impacted China's tech and automotive industries. He co-founded UCWeb, a mobile internet company, which was later acquired by Alibaba Group, making him a billionaire. With a degree in computer science from South China University of Technology, He is known for his leadership in XPeng, driving innovation in electric vehicles and autonomous driving technology. As of April 1, 2025, He Xiaopeng is ranked as #887 on Forbes' 2025 Billionaires list.

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

Wealth Over Time

In-Depth Profile

Early Life and Education

He Xiaopeng was born on November 3, 1977, in Huangshi, Hubei, China. He graduated from South China University of Technology in 1999 with a bachelor's degree in computer science.

Career

He Xiaopeng's career began at AsiaInfo Technologies. In 2004, he co-founded UCWeb with Liang Jie, where he oversaw product strategy and R&D, developing the UC Browser. UCWeb was acquired by Alibaba Group in June 2014 for $4.3 billion, propelling He to billionaire status. From 2014 to August 2017, he served as a senior executive in Alibaba's Mobile Business division.

XPeng Motors

In 2014, He supported the foundation of XPeng Motors. He officially joined XPeng Motors as chairman in August 2017. Under his leadership, XPeng has become a leading player in the smart EV market, known for in-house technology and autonomous driving. In 2023, German automaker Volkswagen announced its acquisition of a 4.99% stake in Xpeng. In August 2023, Xpeng acquired Didi's smart-car development arm.

Recent Developments and Future Outlook

In 2025, He Xiaopeng announced plans to expand Xpeng's global presence, aiming for half of its sales to come from overseas markets in the next decade. He also emphasized AI's importance in the automotive industry and aims to transform XPeng into a global leader in AI automotive technology.

Career Milestones

2004

Co-founded UCWeb

Co-founded UCWeb, a mobile internet company, and developed UC Browser.

2014

UCWeb acquired by Alibaba Group

UCWeb was acquired by Alibaba Group for $4.3 billion.

2017

Joined XPeng Motors as Chairman

Officially joined XPeng Motors as chairman.

2020

XPeng Motors IPO on NYSE

XPeng Motors was listed on the New York Stock Exchange.

2021

XPeng Motors IPO on Hong Kong Stock Exchange

XPeng Motors was listed on the Hong Kong Stock Exchange.

Philanthropy & Social Impact

N/A

Not available

$0

No specific philanthropy initiatives are readily available in the search results.

Business Philosophy & Leadership

Notable Quotes

""It reminds me of how all toddlers learn to walk; they fall, but they get back up.""

Leadership Principles

Customer-Oriented Strategy

Emphasizing the importance of customer-perceptible differences and product-market fit (PMF).

Technological Innovation

Championing continuous iteration, rapid product development, and a focus on creating a superior user experience.

Efficiency and AI Integration

Urging for shorter, more decisive meetings, and full use of AI tools to boost efficiency.

Global Expansion

Aiming for XPeng to become a global leader, focusing on domestic and international markets.

Controversies & Challenges

2026

Humanoid Robot Fall

Xpeng's first humanoid robot fell during its public debut, which led to discussions regarding the company's approach to robotics.

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