Billionaire Profile
Zhou Liangzhang & family
Global Rank
#2545

Image: Public domain | via Wikimedia Commons

Zhou Liangzhang & family

CEO, Hexing Electrical
CN
Real-Time Net Worth
$1B
As of December 2025
Age
62
Source
electrical equipment
Industry
manufacturing
Citizenship
CN

Biography

Zhou Liangzhang, the chairman of Hexing Electrical, leads a family with an estimated net worth of $1.0 billion as of December 2025. Zhou, a self-made billionaire, is involved in the manufacturing industry, specializing in electrical equipment. His career began in a state-owned business before he founded Hexing Electrical, a global supplier of electrical equipment. Zhou's achievements include expanding Hexing's products to over 80 countries worldwide, showcasing his business acumen and entrepreneurial drive in the electrical equipment sector.

Wealth Over Time

In-Depth Profile

Early Life and Career

Zhou Liangzhang began his career in a state-owned business before venturing into entrepreneurship. This early experience provided him with a foundational understanding of business operations, which he later leveraged to establish his own company.

Rise to Success

Zhou's primary source of wealth stems from Hexing Electrical, a company he founded and chairs. Hexing Electrical is a key supplier of electrical equipment to power utilities. Under Zhou's leadership, the company's products have expanded to over 80 countries worldwide. This global reach demonstrates Zhou's strategic vision and ability to capitalize on international market opportunities.

Key Business Strategies

A central strategy for Zhou has been the focus on providing electrical equipment solutions, which are used in power utilities. This specialization has allowed the company to establish a strong presence in the industry. Zhou's ability to navigate the global market and tailor his solutions to diverse markets has been pivotal to Hexing's success.

Philanthropy

While specific philanthropy amounts are difficult to ascertain, the Zhou family has established a foundation, Zhou Family Foundation. While its revenue and expenses are modest, the foundation's existence suggests a commitment to charitable giving.

Career Milestones

1992

Founded Hexing Electrical

Zhou left a state-owned company to start his own business

Philanthropy & Social Impact

Charitable Giving

Zhou Family Foundation

$0.017B

A registered foundation.