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LeaderPortfolio
Billionaire Profile
Wang Laisheng
Global Rank
#229

Image: Public domain | via Wikimedia Commons

Wang Laisheng

CEO, Luxshare Precision Industry
HK
Real-Time Net Worth
$12.81B
As of December 2025
Age
60
Source
Electronics components
Industry
technology
Citizenship
HK

Biography

Wang Laisheng, a prominent figure in the technology industry, is the Vice Chairman of Luxshare Precision Industry, a leading electronics manufacturer. With an estimated net worth of $12.81 billion, Wang is a self-made billionaire with electronics components as his primary source of wealth. At 60 years old, he resides in Shenzhen, China, and holds Hong Kong citizenship. Wang's career began in the mid-1980s, culminating in his pivotal role in Luxshare's growth. His entrepreneurial journey, marked by innovation and strategic partnerships, has solidified Luxshare's position as a key supplier to Apple and other global tech giants. Wang's commitment to technological excellence has been instrumental in Luxshare's success, highlighting his significant influence in the electronics manufacturing sector.

Wealth Over Time

In-Depth Profile

Early Life and Career Beginnings

Wang Laisheng was born in December 1964 and began his entrepreneurial journey in the mid-1980s. He started his career in the electronics industry, capitalizing on the economic reforms and growing demand for technology in China. His early ventures laid the foundation for his future success.

Rise to Success

In 1999, Wang Laisheng joined forces with his sister, Wang Laichun, to acquire the precursor to Luxshare Precision Industry. Luxshare, founded in 2004, initially focused on computer cables but expanded to become a crucial assembler of AirPods and iPhones for Apple Inc.. The company's strategic partnerships and innovative product offerings propelled its rapid ascent in the electronics supply chain.

Key Business Strategies

Wang Laisheng's leadership has been central to Luxshare's success. The company's focus on innovation, automation, and reliability has allowed it to secure major contracts with global electronics firms, including Apple. Luxshare's growth was accelerated during the COVID-19 pandemic, gaining additional business opportunities. Wang's forward-thinking approach has ensured the company remains at the forefront of the industry, exploring emerging technologies like 5G and AI.

Philanthropy

While specific philanthropy amounts are not readily available in the search results, it's known that Wang Laisheng is dedicated to fostering talent and innovation, supporting initiatives that train young engineers and promote research in electronics manufacturing.

Career Milestones

1999

Acquired the precursor to Luxshare Precision Industry

Wang Laisheng and his sister, Wang Laichun, acquired the precursor to Luxshare, which would become a key player in electronics manufacturing.

2004

Founded Luxshare Precision Industry Co., Ltd.

Established Luxshare Precision Industry Co., Ltd. (Luxshare-ICT), focusing on computer cables and expanding into a crucial assembler for Apple's AirPods and iPhones.

2010

Luxshare went public

Luxshare went public on the SME board of the Shenzhen Stock Exchange.

Philanthropy & Social Impact

Education

Initiatives to train young engineers and promote research

$XB

Supports initiatives focused on training young engineers and promoting research in electronics manufacturing.