Billionaire Profile
Shao Qinxiang
Global Rank
#2313

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Shao Qinxiang

CEO, Diversified
CHINA
Real-Time Net Worth
$1.789B
Estimated based on Diversified stock value as of June 4, 2026
-0.85% (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.

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Updated 6/4/2026
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Wealth Over Time

Career Milestones

  1. 1

    Founded Garden Group

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

  2. 2

    Hoymiles Power Electronics IPO

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

Net Worth History

YearNet Worth
2026$1.789B
2025$1.9B
2024$1.9B

Philanthropy

General Philanthropy

$Undisclosed
General

Details not available

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