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Billionaire Profile
Xiong Haitao
Global Rank
#2767

Image: Wenhao Dai, Bing Zhang, Xia-Ming Jiang, Haixia Su, Jian Li, Yao Zhao, Xiong Xie, Zhenming Jin, Jingjing Peng, Fengjiang Liu, Chunpu Li, You Li, Fang Bai, Haofeng Wang, Xi Cheng, Xiaobo Cen, Shulei Hu, Xiuna Yang, Jiang Wang, Xiang Liu, Gengfu Xiao, Hualiang Jiang, Zihe Rao, Lei-Ke Zhang, Yechun Xu, Haitao Yang, and Hong Liu | CC BY 4.0 | via Wikimedia Commons

Xiong Haitao

CEO, plastics/investment
CHINA
Real-Time Net Worth
$1.406B
Estimated based on plastics/investment stock value as of April 20, 2026
-2.36% (24h)
Age
62
Source
plastics/investment
Industry
Manufacturing
Citizenship
CHINA

Biography

Xiong Haitao, a 62-year-old Chinese national, is a director at Kingfa Science & Technology Co., Ltd., a Shanghai-listed plastics supplier. His primary source of wealth stems from his involvement in the plastics and investment sectors. Xiong is married to Yuan Zhimin, the founder of Kingfa, and resides in Guangzhou, China. He and his wife have been recognized as one of the world's billionaire couples. Xiong's career includes a period as an imaging scientist at Monsanto and its subsidiary, The Climate Corporation.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Information on Xiong Haitao's early life is limited in the search results. However, it is known that he is a Chinese national and is 62 years old as of 2024.

Rise to Success

Xiong Haitao's wealth is primarily derived from his position as a director at Kingfa Science & Technology Co., Ltd., a plastics supplier. The company, founded by his wife's husband, Yuan Zhimin, entered the medical and protective glove markets during the 2020 pandemic. Xiong and his wife's combined stake in the company has contributed to their status as billionaires.

Key Business Strategies

Key business strategies involve the direction of Kingfa, specifically its expansion into the medical and protective glove market. Kingfa's revenue in 2014 rose to $1.9 billion.

Philanthropy

Details about Xiong Haitao's specific philanthropic initiatives and amounts were not found in the search results.

Career Milestones

1997

Joined Kingfa

Joined Kingfa Science & Technology Co., Ltd.

2020

Kingfa Enters New Markets

Kingfa entered the markets for medical and protective gloves during the global pandemic.

Controversies & Challenges

2022

Economic Espionage Case (Indirect)

Xiang Haitao was indicted on charges of economic espionage while working for Monsanto. Xiang was sentenced to prison for stealing trade secrets.

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