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Billionaire Profile
Ye Shanqun & family
Global Rank
#3015

Image: Unsplash Contributor | Unsplash License | via Unsplash

Ye Shanqun & family

CEO, manufactured goods
CHINA
Real-Time Net Worth
$1.245B
Estimated based on manufactured goods stock value as of April 20, 2026
-0.28% (24h)
Age
77
Source
manufactured goods
Industry
Manufacturing
Citizenship
CHINA

Biography

Ye Shanqun, a self-made 77-year-old billionaire, derives his wealth from Zhejiang Shuanghuan Driveline, a global leader in the gear component industry. With a net worth of $1.1 billion as of March 23, 2026, Ye built the company in 1980 with modest beginnings and has since expanded its reach to include major clients like Cummins, Caterpillar, and SAIC Motor. His career reflects decades of experience in the manufactured goods sector, marked by strategic growth and a commitment to quality.

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

Wealth Over Time

In-Depth Profile

Early Life

Ye Shanqun was born in 1949. He started Zhejiang Shuanghuan Driveline in Hangzhou, Zhejiang province, in the spring of 1980 with an initial investment of only 3,000 yuan and five instrument lathes.

Rise to Success

Zhejiang Shuanghuan Driveline went public on the Shenzhen Stock Exchange in 2010. The company has been in the mechanical transmission business for over 40 years, establishing itself as a global manufacturer in the gear component industry.

Key Business Strategies

The company's success is tied to its focus on mechanical transmission and its ability to secure major clients, including Cummins, Caterpillar, and SAIC Motor, China's largest automaker. Shuanghuan also established a company in Hungary to support its European market.

Philanthropy

While specific philanthropy amounts are not readily available, Ye Shanqun's family is associated with the Yeh Family Philanthropy, which focuses on education and social-emotional learning programs in Hong Kong and China.

Career Milestones

1980

Founded Zhejiang Shuanghuan Driveline

Ye Shanqun established Zhejiang Shuanghuan Driveline with a small initial investment in Hangzhou, Zhejiang province.

2010

Zhejiang Shuanghuan Driveline IPO

Zhejiang Shuanghuan Driveline went public on the Shenzhen Stock Exchange.

Philanthropy & Social Impact

Education

Education and Social-Emotional Learning Programs

Unknown

The Yeh Family Philanthropy supports education initiatives and social-emotional learning programs in Hong Kong and China.

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