Skip to content
Billionaire Profile
Shao Qinxiang
Global Rank
#2250

Shao Qinxiang

CEO, Diversified
Hangzhou, China
Real-Time Net Worth
$1.87B
Estimated based on Diversified stock value as of September 10, 2026
+0.06% (24h)
Age
71
Source
Diversified
Industry
Diversified
Citizenship
China

Biography

Shao Qinxiang, a 71-year-old self-made billionaire, is the chairman of Zhejiang Garden Bio-chemical High-tech, a key player in the pharmaceuticals and animal nutrition sector. His wealth originates from his diversified business ventures, including pharmaceuticals, energy, and real estate, and his net worth is estimated at $1.9 billion as of March 2026. Shao's career began with the founding of a candle factory, later evolving into a garment manufacturer before transitioning into its current diversified form. He is known for his leadership in Zhejiang Garden Group, which was established in 2000 and is the parent company of Zhejiang Garden Bio-chemical High-tech. He is a citizen of China and resides in Hangzhou.

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$1.87B
2025$1.90B
2024$1.90B

Portfolio Holdings

Zhejiang Garden Bio-chemical High-tech

Zhejiang Garden Bio-chemical High-tech

manufacturing
Hangzhou, China
Founded 2000

In-Depth Profile

Early Life

Shao Qinxiang's journey began with humble roots, eventually leading him to become a prominent figure in China's business landscape. Born in China, Shao's entrepreneurial spirit was evident early on. Details about his early life and education are limited in publicly available sources.

Rise to Success

Shao Qinxiang's ascent to wealth and influence began with the founding of Garden Group in 2000. The group initially started as a candle factory, transitioned into garment manufacturing, and subsequently diversified into pharmaceuticals, energy, and other fields. A key move was the listing of Zhejiang Garden Bio-chemical High-tech, a subsidiary, on the Shenzhen Stock Exchange, which boosted his net worth significantly. This company is a major supplier of pharmaceuticals and animal nutrition products.

Key Business Strategies

Shao Qinxiang's business acumen is evident in his strategic diversification and focus on the pharmaceutical and animal nutrition industries. His foresight in identifying growth opportunities within these sectors has been critical to his success. The diversification strategy, starting with a candle factory and then moving to garment manufacturing, showed a willingness to adapt to market demands and seize new opportunities. His control over Zhejiang Garden Bio-chemical High-tech, a significant player in its industry, further solidified his wealth.

Philanthropy

While specific amounts are unavailable, Shao Qinxiang is known to engage in philanthropic activities.

Career Milestones

2000

Founded Garden Group

Shao Qinxiang founded Garden Group, which later diversified into pharmaceuticals, energy, and other fields.

2021

Hoymiles Power Electronics IPO

Shao Jianxiong chairs Hoymiles Power Electronics, which went public in 2021.

Philanthropy & Social Impact

General

General Philanthropy

Undisclosed

Details not available

Billionaires Connected to Shao Qinxiang

Peers in Diversified

All Diversified billionaires

Richest in China

All billionaires from China

Adjacent Global Ranks

Full global ranking

Frequently Asked Questions

What is Shao Qinxiang's net worth in 2026?
As of 2026, Shao Qinxiang's estimated net worth is $1.865 billion, ranking #2250 among the world's billionaires. The estimate is based on publicly available shareholding data and market prices, updated daily.
How did Shao Qinxiang make their money?
Shao Qinxiang's wealth primarily comes from Diversified, most notably through Diversified.
Where is Shao Qinxiang from?
Shao Qinxiang is from China.
How old is Shao Qinxiang?
Shao Qinxiang is 71 years old.

Sources & References

  1. Shao Qinxiang — Forbes profile Forbes