Billionaire Profile
Mao Geping & family
Global Rank
#1834

Image: Unsplash Contributor | Unsplash License | via Unsplash

Mao Geping & family

CEO, Cosmetics
CHINA
Real-Time Net Worth
$2.252B
Estimated based on Cosmetics stock value as of March 6, 2026
+2.14% (24h)
Age
62
Source
Cosmetics
Industry
Fashion & Retail
Citizenship
CHINA

Biography

Mao Geping is a renowned Chinese makeup artist and entrepreneur, celebrated for founding the high-end cosmetics brand Mao Geping Cosmetics. Born in Wenzhou, Zhejiang in 1964, Mao began his career in Yueju opera before transitioning to makeup artistry. He gained national recognition for his work in the TV series We Zetian in 1995. Mao launched his eponymous cosmetics brand in 2000, which has since become a leading name in China's premium beauty market. As of December 2024, the company's IPO in Hong Kong has increased his net worth to $1.6 billion. His wife, Wang Liqun, serves as the company's vice chairman.

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

Wealth Over Time

In-Depth Profile

Early Life

Mao Geping was born in Wenzhou, Zhejiang, in 1964. He began his career in the performing arts, training in Yueju opera and later joining the Zhejiang Yue Opera Troupe. This early exposure to the world of performance and makeup ignited his interest in the transformative power of cosmetics, inspiring him to explore the art form further.

Rise to Success

Mao's breakthrough came in 1995 when he gained nationwide acclaim for his makeup work on the TV series We Zetian, showcasing his skill in portraying the character of Wu Zetian across different ages. This success solidified his reputation and fueled his ambition to create his own brand. In 2000, Mao founded Mao Geping Cosmetics, aiming to create premium cosmetics that reflect Chinese aesthetics. The brand's products are inspired by traditional Chinese culture, featuring innovative formulas and luxurious packaging. His company went public in Hong Kong in December 2024.

Key Business Strategies

Mao Geping Cosmetics has positioned itself in China's premium cosmetics market, competing with international brands by offering high-quality products. The company leverages a direct sales strategy with self-operated counters and professional beauty consultants. The brand emphasizes product innovation, drawing inspiration from traditional Chinese culture, and has formed partnerships with celebrities and influencers.

Philanthropy

Mao Geping Cosmetics has engaged in philanthropic activities, including supporting autism public welfare causes and women's entrepreneurship. The company has partnered with organizations to develop charitable products, donating a portion of the revenue to support related projects.

Career Milestones

1995

Breakthrough in TV

Gained nationwide acclaim for his makeup work on the TV series We Zetian.

2000

Founded Mao Geping Cosmetics

Established his own cosmetics brand.

2008

Beijing Olympics Makeup Artist

Served as makeup artist for the Beijing Olympics opening and closing ceremonies.

2024

Hong Kong IPO

Mao Geping Cosmetics went public in Hong Kong in December.

Philanthropy & Social Impact

Social Welfare

Autism Caring Project

$XB

Partnered with the Shanghai Caopeng Charity Foundation to support autism-related projects.

Business Philosophy & Leadership

Notable Quotes

"“I started as a performer, and even then, I was deeply moved by how a single face could convey character, express destiny and evoke emotion.”"

"“Makeup is not merely an accessory to performance; it is an art form in its own right.”"

Leadership Principles

Innovation

Mao Geping looks to the past and future in creating cosmetics.

Embrace Chinese Culture

Translating ancient Chinese aesthetics into a makeup collection with modern appeal.

Controversies & Challenges

2026

Share Sale Concerns

Executive directors plan to sell a combined 17.2 million shares, raising concerns about management's confidence in the company.