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Billionaire Profile
X
Global Rank
#981

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

Xia Zuoquan

CEO, Automobiles
CHINA
Real-Time Net Worth
$4.269B
Estimated based on Automobiles stock value as of March 6, 2026
-0.7% (24h)
Age
64
Source
Automobiles, batteries
Industry
Automotive
Citizenship
CHINA

Biography

Xia Zuoquan, a prominent figure in the Chinese automotive and technology sectors, co-founded the battery and electric vehicle giant BYD. His early investment in BYD proved highly lucrative. He is also the founder of Zhengxuan Capital, an investment firm focused on high-tech fields such as AI, robotics, and semiconductors. Xia holds a non-executive director role at BYD and is recognized for his insights into the Chinese tech landscape, including his cautious perspective on the near-term potential of Chinese companies in developing technologies like ChatGPT. As of 2024, his net worth is estimated at $4.1 billion.

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

Wealth Over Time

In-Depth Profile

Early Life and Education

Details about Xia Zuoquan's early life are limited in the available resources. However, it's known that he studied computer science as an undergraduate and later earned an EMBA from Guanghua School of Management at Peking University in 2007.

Rise to Success

Xia Zuoquan's career is marked by his significant role in the electric vehicle and battery industry. He co-founded BYD in 1996, a company that has become a global leader in the electric vehicle market. His early investment in BYD significantly contributed to his wealth. In 2003, he founded Zhengxuan Capital, an investment firm with a portfolio of over $1.4 billion, further diversifying his business interests. Zhengxuan Capital has invested in numerous tech companies across sectors like gene sequencing, robotics, and smart hardware.

Key Business Strategies

Xia's success stems from a strategic focus on the automotive and battery industries, combined with astute investment decisions. His early vision for BYD, coupled with his later investments through Zhengxuan Capital, highlight his foresight in identifying and capitalizing on emerging technologies. He also demonstrates a keen awareness of the evolving technological landscape, as seen in his views on China's AI development capabilities.

Philanthropy

In 2021, Xia Zuoquan donated 10 million RMB to the BYD Charity Foundation.

Career Milestones

1996

Co-founded BYD

Co-founded BYD, a leading company in the electric vehicle and battery sector.

2003

Founded Zhengxuan Capital

Founded Zhengxuan Capital, an investment firm.

Philanthropy & Social Impact

Charitable Giving

BYD Charity Foundation

$1.4M

Donated 10 million RMB to BYD Charity Foundation for its daily operations in 2021.

Business Philosophy & Leadership

Notable Quotes

""I don't think China can all of a sudden produce ChatGPT-level applications or technologies.""

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