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Billionaire Profile
Xu Chuanhua & family
Global Rank
#2069

Image: Public domain | via Wikimedia Commons

Xu Chuanhua & family

CEO, Transfar Group
CN
Real-Time Net Worth
$1.9B
As of December 2025
Age
90
Source
Chemicals, logistics
Industry
manufacturing
Citizenship
CN

Biography

Xu Chuanhua, at the age of 90, is a prominent figure in the Chinese business landscape, primarily known for founding the Transfar Group. His source of wealth stems from the chemicals and logistics industries. Xu's career began in 1986 with a small workshop producing liquid soap and detergent. Under his leadership, Transfar Group expanded to encompass logistics, chemicals, agribusiness, and investments. Xu has since retired from daily operations, passing the reins to his sons. His business acumen has led to significant achievements and a lasting impact on his industries.

Wealth Over Time

In-Depth Profile

Early Life

Xu Chuanhua was born in Hangzhou, China, in 1935. Details about his early life are limited, but his career trajectory began later in life, demonstrating his entrepreneurial spirit.

Rise to Success

Xu Chuanhua embarked on his entrepreneurial journey at the age of 52. He founded a small family workshop in 1986, producing liquid soap and detergent. Through strategic growth and expansion, he grew the business into the Transfar Group. The group's success is largely attributed to the chemicals and logistics sectors, and also operates in agribusiness and investment industries. Xu has retired from daily operations, with his sons now leading the company. In 2016, Transfar Group planned to invest $15.4 billion in logistics infrastructure.

Key Business Strategies

Key strategies included diversifying the business and expanding into logistics. Transfar Group focused on creating a strong presence in the chemicals industry, and also established significant investments in logistics. The company also showed a commitment to clean energy.

Philanthropy

While specific amounts are not available, Xu Chuanhua's impact extends beyond business.

Career Milestones

1986

Founded Transfar Group

Xu Chuanhua started a small family workshop to produce liquid soap and detergent.

2016

Investment in Logistics

Transfar Group planned to invest $15.4 billion in road infrastructure.

Philanthropy & Social Impact

General

Unknown

Undisclosed

Details not available