Skip to content
Billionaire Profile
Qiu Jianping & family
Global Rank
#917

Qiu Jianping & family

CEO, Hand tools
Hangzhou, China
Real-Time Net Worth
$4.79B
Estimated based on Hand tools stock value as of September 10, 2026
+0.34% (24h)
Age
64
Source
Hand tools
Industry
Manufacturing
Citizenship
China

Biography

Qiu Jianping, the chairman of Hangzhou GreatStar Industrial, is a self-made billionaire renowned for his leadership in the hand tool manufacturing industry. Born in 1962, Qiu founded GreatStar Holding Group in 1993 after leaving a state-owned company. Today, the group has interests in tires, forklifts, diesel engines, and robotics. As of March 24, 2026, his net worth is estimated at $4.5 billion, placing him among the world's wealthiest individuals. Qiu's career highlights his commitment to independent innovation and enterprise transformation, with a focus on smart logistics and advanced manufacturing techniques.

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$4.79B
2025$5.40B
2024$2.56B
2023$2.36B
2022$2.19B
2021$4.01B
2020$1.30B

Portfolio Holdings

Hangcha Group

Hangcha Group

manufacturing
$530M
Holdings Value
Ownership
30.2%
Hangzhou, China
Founded 1956

In-Depth Profile

Early Life

Qiu Jianping was born in 1962. After graduating with a master's degree, Qiu began his career in 1985 at a state-owned company. Dissatisfied with his wage, he ventured into entrepreneurship at the age of 30, marking the beginning of his successful career.

Rise to Success

In 1993, Qiu founded GreatStar Holding Group. The company has grown to be one of Asia's largest hand tool manufacturers. Qiu’s strategic vision extended beyond hand tools; he acquired Hangcha Group, a major forklift truck maker. Hangcha's IPO in 2016 further boosted Qiu's wealth. His commitment to innovation and expansion, including investment in new technologies and global partnerships, has been central to his achievements.

Key Business Strategies

Qiu's business strategies focus on independent innovation and market expansion. He has consistently promoted the transformation and upgrading of enterprises, diversifying into tires, forklifts, diesel engines, and robotics. His focus on smart logistics and investment in advanced manufacturing has contributed to his success.

Philanthropy

In 2021, Qiu donated $40.31 million to the Xiamen University Educational Development Foundation to support the construction of disciplines in the School of Chemistry and Engineering, the School of Public Health, and the School of Life Sciences, as well as the development of the school's educational endeavors. This donation placed him high on the lists for total giving and generosity.

Career Milestones

1993

Founded GreatStar Holding Group

Founded GreatStar Holding Group, which became one of Asia's largest hand tool manufacturers.

2011

Invested in Hangcha Group

Acquired Hangcha Group, a forklift truck maker.

2016

Hangcha Group IPO

Hangcha Group went public on the Shanghai Stock Exchange.

2025

Zhongce Rubber Group went public

GreatStar's subsidiary Zhongce Rubber Group, China's largest tire maker by sales, went public on the Shanghai Stock Exchange.

Philanthropy & Social Impact

Education

Xiamen University Educational Development Foundation Donation

$40.31M

Donated to support the construction of disciplines in the School of Chemistry and Engineering, the School of Public Health, and the School of Life Sciences, as well as the development of the school's educational endeavors.

Billionaires Connected to Qiu Jianping & family

Peers in Manufacturing

All Manufacturing billionaires

Richest in China

All billionaires from China

Adjacent Global Ranks

Full global ranking

Frequently Asked Questions

What is Qiu Jianping & family's net worth in 2026?
As of 2026, Qiu Jianping & family's estimated net worth is $4.787 billion, ranking #917 among the world's billionaires. The estimate is based on publicly available shareholding data and market prices, updated daily.
How did Qiu Jianping & family make their money?
Qiu Jianping & family's wealth primarily comes from Hand tools, most notably through Hand tools.
Where is Qiu Jianping & family from?
Qiu Jianping & family is from China.
How old is Qiu Jianping & family?
Qiu Jianping & family is 64 years old.

Sources & References

  1. Qiu Jianping & family — Forbes profile Forbes