Biography
Lu Xiangyang is among the world's most closely watched billionaires from CHINA, with an estimated fortune of $18.1B. The bulk of Lu Xiangyang's wealth comes from Automobiles, batteries, closely tied to Automobiles. Lu Xiangyang (born 1962) is a prominent Chinese entrepreneur and the co-founder of BYD Company Limited, a global leader in electric vehicles and battery manufacturing. His source of wealth stems from his investments in Automobiles, batteries. Xiangyang's career began at the People's Bank of China before transitioning to the financial sector. In 1995, he co-founded BYD with his cousin Wang Chuanfu, providing crucial initial capital. As Vice Chairman of BYD and Chairman of Youngy Investment Holding Group, Xiangyang has been instrumental in BYD's success and expansion. His achievements include strategic investments in lithium and cobalt mines, securing vital resources for BYD's battery production. He is married and resides in Guangzhou, China. As of March 2026, his net worth is estimated at $19.7 billion. Key career milestones include Co-founded BYD (1995); Founded Youngy Investment Holding Group (1995); Became Vice Chairman of BYD (2008); Vice Chairman of BYD Charity Foundation (2014). This profile documents verified holdings, career milestones, and multi-year net worth history drawn from Forbes rankings, company filings where available, and our editorial methodology. Readers use it to understand how public markets, private company stakes, and major business bets shape one of the largest personal fortunes on record. Wealth estimates move with stock prices, funding rounds, and disclosed transactions—figures on this page are research estimates, not cash balances. We publish year-by-year net worth history when verified data exists, link to primary sources, and update profiles when Forbes Real-Time Billionaires or major filings change the picture materially. For investors and researchers, the most useful reading pairs the headline number with ownership structure, geography, sector exposure, and the multi-year history chart on this page—especially during volatile markets when single-day moves can shift rankings without any operational change at the underlying companies.