Billionaire Profile
X
Global Rank
#930

Image: Library of Congress | Public domain | via Wikimedia Commons

Xia Zuoquan

CEO, Automobiles
CHINA
Real-Time Net Worth
$4.602B
Estimated based on Automobiles stock value as of April 21, 2026
-1.76% (24h)
Age
64
Source
Automobiles, batteries
Industry
Automotive
Citizenship
CHINA

Biography

Xia Zuoquan, a Chinese entrepreneur and investor, is a co-founder and non-executive director of BYD, one of the world's largest EV makers. Born in 1963, Xia's career began at the Hubei branch of the People's Insurance Company before he joined BYD in 1997. Xia is also the founder of Zhengxuan Capital, an investment firm established in 2003. His early bet on BYD, which makes automobiles and batteries, has significantly contributed to his wealth. Xia's net worth is estimated at $4.4 billion as of 2024. He holds an EMBA from Peking University's Guanghua School of Management and a background in computer science.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/21/2026

Wealth Over Time

In-Depth Profile

Early Life

Xia Zuoquan was born in China in 1963. His early career included work in the insurance industry. His interest in technology and business led him to pursue further education, earning an EMBA from Peking University's Guanghua School of Management in 2007.

Rise to Success

Xia's success is largely attributed to his role as a co-founder of BYD in 1995. His initial investment in BYD, which was then a battery manufacturer, proved to be a lucrative move. As BYD expanded into electric vehicles and became a global leader, Xia's stake increased significantly, turning him into a multi-billionaire. In 2003, Xia founded Zhengxuan Capital, an investment firm that has managed over $1.4 billion in assets.

Key Business Strategies

Xia's business strategy centered on identifying and investing in promising technologies and companies, most notably BYD. His focus on long-term growth and the potential of electric vehicle technology allowed him to capitalize on the industry's expansion. His investment firm, Zhengxuan Capital, further diversified his investments into various sectors, including gene sequencing and robotics.

Philanthropy

Specific details about Xia Zuoquan's philanthropic activities are not readily available in the search results.

Career Milestones

1995

Co-founded BYD

Co-founded BYD, which makes cars as well as batteries for electric vehicles.

1997

Joined BYD

Xia joined BYD.

2003

Founded Zhengxuan Capital

Founded investment firm Zhengxuan Capital.

2007

Graduated with EMBA

Graduated from Guanghua School of Management of Peking University with an EMBA.