Billionaire Profile
Neil Shen
Global Rank
#1093

Image: Public domain | via Wikimedia Commons

Neil Shen

CEO, HongShan (formerly Sequoia Capital China)
CN
Real-Time Net Worth
$3.8B
As of December 2025
Age
57
Source
Venture capital
Industry
finance-investments
Citizenship
CN

Biography

Neil Shen is a highly successful Chinese venture capitalist and entrepreneur. He is the founding and managing partner of HongShan (HSG), formerly Sequoia Capital China. His source of wealth stems from his successful venture capital investments. Shen's career includes co-founding Ctrip.com (now Trip.com Group) and Home Inn. He has been recognized on the Forbes Midas List multiple times and is known for his early-stage investments. Shen's achievements include leading investments in major Chinese tech companies and serving on philanthropic and public boards.

Wealth Over Time

In-Depth Profile

Early Life and Education

Neil Shen was born in Haining, Zhejiang, China, in December 1967. He demonstrated exceptional aptitude in mathematics during his schooling in Shanghai. Shen attended Shanghai Jiao Tong University, graduating with a bachelor's degree in applied mathematics in 1989. He furthered his education in the United States, earning a master's degree in management from the Yale School of Management in 1992.

Rise to Success

After graduating from Yale, Shen worked for Citibank and Lehman Brothers before moving into investment banking at Deutsche Bank Hong Kong. In 1999, he co-founded Ctrip.com (now Trip.com Group) and Home Inn, demonstrating his entrepreneurial acumen. In 2005, he co-founded Sequoia Capital China, where he has led investments in prominent Chinese companies like Alibaba, ByteDance, Meituan, and Pinduoduo.

Key Business Strategies

Shen's investment strategy focuses on identifying and supporting promising early-stage companies. He emphasizes long-term vision and a commitment to China's market. He is known for taking an active role in advising and supporting the CEOs of his portfolio companies. His focus on the Chinese market has been a key driver of his success.

Philanthropy

Neil Shen actively participates in philanthropic initiatives, supporting education through scholarship programs and endowments at his alma maters, Shanghai Jiao Tong University, and Yale University. He has also been involved in initiatives related to climate change and clean energy.

Career Milestones

1999

Co-founded Ctrip.com (now Trip.com Group)

Co-founded one of China's first online travel booking sites.

2002

Co-founded Home Inn

Co-founded a major budget hotel chain in China.

2005

Co-founded Sequoia Capital China (now HongShan)

Established the China arm of Sequoia Capital.

2018-2020 & 2023

Top Investor on Forbes Midas List

Achieved the top spot on the Forbes Midas List for top investors.

Philanthropy & Social Impact

Education

Scholarship Programs

Undisclosed

Supported scholarship programs at Shanghai Jiao Tong University and Shanghai No. 2 High School.

Education

Yale Center Beijing

Undisclosed

Participated in the endowment of the Yale University China Center.

Climate Change

Breakthrough Energy Coalition

Undisclosed

Committed to investing in clean energy solutions.

Business Philosophy & Leadership

Notable Quotes

"“A part of learning is done through reading, and the other part, which is likely more important, is talking with bright minds from different fields.”"

"“When you identify an entrepreneur to back, you have to live with their weaknesses. You reason with him, you argue with him, but you seldom go against the entrepreneur.”"

"“We have the advantage that our LPs [invested firms] have very long term views about their companies rather than a blind push to monetize a business. We see Meituan as a long-term champion of China's internet space.”"