Skip to content
Billionaire Profile
Michelle Xia
Global Rank
#3352

Michelle Xia

CEO, Biotech
Zhongshan, China
Real-Time Net Worth
$1.03B
Estimated based on Biotech stock value as of September 10, 2026
-1.15% (24h)
Age
59
Source
Biotech
Industry
Healthcare
Citizenship
United States

Biography

Michelle Xia is a prominent Chinese biopharmaceutical executive, best known as the founder, chairwoman, and CEO of Akeso Biopharma. Born in China, she earned a Ph.D. in molecular biology and microbiology. With over 26 years of experience in the pharmaceutical industry, Xia has held key leadership positions at companies like Crown Bioscience and PDL BioPharma. Her career is marked by a strong focus on cancer research, as well as the development and commercialization of innovative antibody drugs. In 2025, Forbes estimated her net worth to be $1.2 billion due to the success of Akeso Biopharma, particularly its lung cancer drug, ivonescimab, which outperformed Merck's Keytruda in a clinical trial. Xia's achievements also include numerous patents and recognition within the oncology field.

AI-Assisted Draft
Not yet reviewed by an editor — how we work
Data Updated
Sep 10, 2026
Report a Correction

Wealth Over Time

Net Worth History

YearNet Worth
2026$1.03B
2025$1.10B
2024$1.10B

Portfolio Holdings

Akeso Biopharma

Akeso Biopharma

9926.HKhealthcare
$1.20B
Holdings Value
Ownership
8.5%
Zhongshan, China
3,400 employees
Founded 2012

In-Depth Profile

Early Life and Education

Michelle Xia was born in Gansu province, China, to university-educated engineers. She received a Bachelor's degree in biochemistry from Sun Yat-sen University in Guangzhou in 1988. She furthered her education by obtaining a Ph.D. in molecular biology and microbiology from Newcastle University in the U.K. in 1994. Xia also completed postdoctoral research at the University of Glasgow and conducted cancer immune therapy research at the University of Louisville School of Medicine in the U.S.

Rise to Success

Michelle Xia has over 26 years of experience in the pharmaceutical industry and academic research. Prior to founding Akeso Biopharma in 2012, Xia held senior leadership roles at Crown Bioscience Inc., where she played a key role in constructing the company's platform. She also worked as a senior scientist and group leader at PDL BioPharma, Inc. (later acquired by Abbvie). Xia's pharmaceutical career began at Axys Pharmaceuticals, Inc. (later acquired by Celera Genomics), where she held scientific and managerial roles.

Key Business Strategies

Xia founded Akeso Biopharma with a vision to make therapeutic antibody drugs accessible and affordable. The company focused on research and development, manufacturing, and commercialization of innovative antibody drugs. One of Akeso's key achievements is the development of ivonescimab, which outperformed Merck's Keytruda in a Phase 3 trial for lung cancer. Akeso has also licensed its drug candidate to Summit Therapeutics, which has expanded Xia's reach in the market.

Philanthropy

Information on specific philanthropy amounts for Michelle Xia was not found in the search results.

Career Milestones

2012

Founded Akeso Biopharma

Founded Akeso Biopharma, serving as chairwoman, president, and CEO.

2020

Akeso Listed on Hong Kong Stock Exchange

Took Akeso public on the Hong Kong Stock Exchange.

2022

Licensing Deal with Summit Therapeutics

Licensed Akeso's drug to Summit Therapeutics for markets including the U.S., Europe, and Japan.

2024

Ivonescimab Outperforms Keytruda

Akeso's drug, ivonescimab, outperformed Merck's Keytruda in a Phase 3 trial.

2025

TIME100 Health List

Included in the "TIME100 Health" list.

Business Philosophy & Leadership

Notable Quotes

"We focus on science and biology and the most advanced technology. I think that makes the difference."

Leadership Principles

Focus on Scientific Advances

Emphasizing scientific research and innovation.

Speed and Quality

Prioritizing both the speed and quality of drug development.

Patient-Centric Approach

Aiming to make innovative antibody drugs accessible and affordable to patients.

Controversies & Challenges

Information not available

Information not available

Information not available

Billionaires Connected to Michelle Xia

Peers in Healthcare

All Healthcare billionaires

Richest in United States

All billionaires from United States

Adjacent Global Ranks

Full global ranking

Frequently Asked Questions

What is Michelle Xia's net worth in 2026?
As of 2026, Michelle Xia's estimated net worth is $1.025 billion, ranking #3352 among the world's billionaires. The estimate is based on publicly available shareholding data and market prices, updated daily.
How did Michelle Xia make their money?
Michelle Xia's wealth primarily comes from Biotech, most notably through Biotech.
Where is Michelle Xia from?
Michelle Xia is from United States.
How old is Michelle Xia?
Michelle Xia is 59 years old.

Sources & References

  1. Michelle Xia — Forbes profile Forbes