Billionaire Profile

Global Rank

#2096

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Xu Chuanhua & family

CEO, Chemicals

CHINA

Real-Time Net Worth

$2.008B

Estimated based on Chemicals stock value as of April 20, 2026

-0.49% (24h)

Age

Source

Chemicals, logistics

Industry

Manufacturing

Citizenship

CHINA

Biography

Xu Chuanhua, a Chinese billionaire, founded a small workshop in 1986 producing liquid soap and detergents. His vision transformed it into the Transfar Group, a multinational conglomerate with interests in chemicals, logistics, agribusiness, and investments. Xu has since retired from daily operations, with his sons leading the group. As of March 2026, his estimated net worth is $2.2 billion. Xu's career reflects a successful journey from a small business owner to a prominent figure in Chinese manufacturing and logistics.

Fact Checked

Verified by Editorial Team

Live Data

Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Xu Chuanhua was born in Hangzhou, China in 1935. Details about his early life and education are limited in the available sources.

Rise to Success

Xu Chuanhua started his entrepreneurial journey at the age of 52 in 1986, founding a small workshop to produce liquid soap and detergent. His business quickly gained traction, and he expanded into the production of textile, household, and agricultural chemicals.

Key Business Strategies

Xu Chuanhua established the Transfar Group, which diversified its activities into chemicals, logistics, agribusiness, and investments. He recognized the importance of logistics, leading to significant investments in infrastructure. In 2016, Transfar Group planned a $15.4 billion investment in roads to improve China's logistics infrastructure. Xu has since retired from daily operations, with his sons, Guanju and Guanbao, taking over as chairman and vice chairman, respectively.

Philanthropy

Information regarding Xu Chuanhua's specific philanthropic initiatives and amounts is unavailable in the provided search results.

Career Milestones

1986

Founded Transfar Group

Founded a small family workshop to produce liquid soap and detergent.

1995

Expanded Products

Expanded into the production of textile, household, and agricultural chemicals.

2022

Invested in Logistics

Planned $15.4 billion investment in roads to improve China's logistics infrastructure.

Philanthropy & Social Impact

General Philanthropy

Unknown

Undisclosed

Details on specific initiatives are not available in the provided search results.

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