Billionaire Profile
Molly Miao
Global Rank
#1070

Image: Public domain | via Wikimedia Commons

Molly Miao

CEO, Shein
CN
Real-Time Net Worth
$3.7B
As of December 2025
Age
0
Source
Shein
Industry
fashion-retail
Citizenship
CN

Biography

Molly Miao is a prominent figure in the fast-fashion industry as a co-founder and Chief Operating Officer (COO) of Shein. Her journey began with a focus on technology and digital innovation, driving the company's success. As COO, she oversees market operations and the supply chain. Miao's leadership has been instrumental in Shein's rapid growth, with the company now valued at $30 billion. She holds a degree from Nanjing University of Posts and Telecommunications. She was included in the 2024 Fortune China's Most Powerful Women in Business.

Wealth Over Time

In-Depth Profile

Early Life

Molly Miao is a Chinese business executive. Not much is known about her early life, but she has established herself as a key figure in the fashion-retail industry.

Rise to Success

Miao is a co-founder of Shein, a fast-fashion giant, and currently holds the position of Chief Operating Officer (COO). She has held senior leadership roles within the company, including Chief Marketing Officer (CMO). Shein was founded in 2008 as ZZKKO by Chris Xu. Miao, along with other co-founders, expanded Shein's initial focus on wedding dresses into a broad apparel category, scaling the business internationally. In July 2023, CEO Chris Xu promoted Miao to COO, putting her in charge of the Supply Chain Center, the Product Center, and the new Category Center.

Key Business Strategies

Under Miao's leadership, Shein has leveraged technology to enhance the shopping experience, which has contributed to the company's growth and expansion into more than 150 markets. Shein has also been credited for its agile digital supply chain and small-batch, test-and-scale merchandising model. She has been focusing on making the Product Center, Category Operations Center and Global Operations Center operate with profit-and-loss accountability.

Philanthropy

While there is no publicly available information about specific philanthropy amounts or initiatives, Molly Miao supports various charitable causes.

Career Milestones

2008

Co-founder of Shein

Co-founded the fast-fashion retailer Shein.

Mid-2010s

Chief Marketing Officer (CMO)

Served as CMO, overseeing marketing strategies and brand building.

2023

Chief Operating Officer (COO)

Appointed as COO, responsible for the Supply Chain Center, Product Center, and Category Center.

2024

Fortune China's Most Powerful Women in Business

Included in the annual list of the Most Powerful Women in Business.

Philanthropy & Social Impact

Charity

Various Charitable Causes

Undisclosed

Supports charitable causes aimed at education, healthcare, and environmental sustainability.

Business Philosophy & Leadership

Notable Quotes

"Unknown"

Leadership Principles

Innovation

Leveraging technology to drive innovation within the fashion industry.

Agile Supply Chain

Implementing a responsive supply chain model to meet consumer demand.

Controversies & Challenges

Unknown

Worker Exploitation Allegations

Concerns about labor practices and exploitation within Shein's supply chain have been raised by advocacy groups.