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Billionaire Profile
R
Global Rank
#3044

Image: Apwebmaster | CC BY-SA 3.0 | via Wikimedia Commons

Rao Wei & family

CEO, Pharmaceuticals
CHINA
Real-Time Net Worth
$1.074B
Estimated based on Pharmaceuticals stock value as of March 6, 2026
+3.53% (24h)
Age
61
Source
Pharmaceuticals
Industry
Healthcare
Citizenship
CHINA

Biography

Rao Wei is the chairman of Shenzhen New Industries Biomedical Engineering, a supplier of clinical laboratory instruments, and is ranked #3104 globally. His source of wealth stems from his involvement in Pharmaceuticals. Rao Wei, at the age of 33, joined New Industries Biomedical Engineering, then a small trading company. The company went public in 2020 on the Shenzhen Stock Exchange, raising substantial funds for research, development, and manufacturing. He is a citizen of China residing in Shenzhen.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Rao Wei began his career in the pharmaceutical industry. In 1997, at the age of 33, he joined New Industries Biomedical Engineering, which was then a trading company with a small number of employees.

Rise to Success

Rao Wei's career saw a major turning point when Shenzhen New Industries Biomedical Engineering went public on the Shenzhen Stock Exchange in 2020. The IPO raised $192 million, which was earmarked for research and development, as well as manufacturing. This strategic move significantly bolstered the company's growth trajectory.

Key Business Strategies

Rao Wei's primary business strategy involves leading Shenzhen New Industries Biomedical Engineering, which focuses on supplying clinical laboratory instruments. The company's success has been driven by its commitment to R&D and manufacturing, as demonstrated by its investment of IPO funds into these areas.

Philanthropy

I am sorry, but I am unable to find information on any specific philanthropic efforts by Rao Wei & family.

Career Milestones

1997

Joined New Industries Biomedical Engineering

Rao Wei joined New Industries Biomedical Engineering at the age of 33, when it was a trading company.

2020

Shenzhen New Industries IPO

Shenzhen New Industries went public on the Shenzhen Stock Exchange, raising $192 million.

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