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Billionaire Profile
Molly Miao
Global Rank
#1161

Molly Miao

CEO, Shein
Shenzhen, China
Real-Time Net Worth
$3.71B
Estimated based on Shein stock value as of September 10, 2026
0% (24h)
Age
Source
Shein
Industry
fashion-retail
Citizenship
China

Biography

Molly Miao is a Chinese business executive and co-founder of the fast-fashion e-commerce giant Shein. As of 2023, she serves as the Chief Operating Officer (COO) and was previously the Chief Marketing Officer (CMO). Her career has been instrumental in Shein's growth, overseeing key areas like marketing, operations, and supply chain. Miao's strategic leadership helped pivot Shein from its early focus on wedding dresses to broader apparel categories, contributing significantly to its global success. Shein's revenue reached $38 billion in 2024. Miao's structural contribution includes developing the supply chain infrastructure and promoting a work culture in which people can achieve their full potential. She is a graduate of Nanjing University of Posts and Telecommunications.

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Data Updated
Sep 10, 2026
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Wealth Over Time

Net Worth History

YearNet Worth
2026$3.71B
2025$3.70B
2024$4.20B

In-Depth Profile

Early Life and Education

Molly Miao is a co-founder of Shein and a Chinese business executive. She earned her degree from Nanjing University of Posts and Telecommunications. Not much information is available on her early life.

Rise to Success

Miao is one of the four co-founders of Shein. She played a key role in building Shein from its beginnings. She was also the Chief Marketing Officer (CMO) for over 14 years before becoming the COO in 2023. The company's growth has been credited to its popularity among younger consumers, especially Millennial and Gen Z.

Key Business Strategies

Miao's strategic genius and operational leadership have allowed Shein to scale its complex global operation. She helped pivot Shein from its early wedding dress focus to broader apparel categories in the mid-2010s. Her structural contribution includes developing the supply chain infrastructure, which has allowed Shein to respond to real-time trends, a key competitive advantage. In August 2024, Miao announced a pilot to make the Product Center, Category Operations Center and Global Operations Center operate with profit-and-loss accountability, with a broader rollout targeted for 2025.

Philanthropy

Miao's social impact is structural, stemming from Shein's role in pioneering the ultra-fast fashion model, which has profoundly reshaped global apparel retail. Her companies provide thousands of stable technology and manufacturing jobs globally. Her personal philanthropy supports various community and educational initiatives.

Career Milestones

2008

Co-founded Dianwei Information Technology

Co-founded e-commerce outfit

2012

Co-founded Shein

Expanded Shein's early wedding-dress focus into broader apparel categories

2023

Promoted to COO

Overseeing the Supply Chain Center and Product Center

Philanthropy & Social Impact

Social and Environmental

Shein's ESG Roadmap

$85M

Allocating an additional $85 million over five years to empower Shein's manufacturing supplier community and designers as well as women, young people and the underprivileged, globally.

Business Philosophy & Leadership

Notable Quotes

""At Shein, we aim to empower our different stakeholder communities with the tools, capabilities and funding to improve and change lives, whether in their personal or professional capacity.""

Leadership Principles

Empowerment

Empowering Shein's different stakeholder communities.

Controversies & Challenges

2021-Present

Labor Law Violations

Reports of Chinese sweatshops and child labor, with workers working 75 hours per week.

Billionaires Connected to Molly Miao

Peers in Fashion-Retail

All Fashion-Retail billionaires

Richest in China

All billionaires from China

Adjacent Global Ranks

Full global ranking

Frequently Asked Questions

What is Molly Miao's net worth in 2026?
As of 2026, Molly Miao's estimated net worth is $3.71 billion, ranking #1161 among the world's billionaires. The estimate is based on publicly available shareholding data and market prices, updated daily.
How did Molly Miao make their money?
Molly Miao's wealth primarily comes from Shein, most notably through Shein.
Where is Molly Miao from?
Molly Miao is from China.

Sources & References

Citations for this profile have not been published yet. Net worth figures here are estimates and should not be treated as verified. See our methodology for how these estimates are produced, or report a correction.