Billionaire Profile
Zhu Jiangming
Global Rank
#3067

Image: Mozamaniac | CC BY-SA 4.0 | via Wikimedia Commons

Zhu Jiangming

CEO, Manufacturing
CHINA
Real-Time Net Worth
$1.061B
Estimated based on Manufacturing stock value as of March 6, 2026
+3.04% (24h)
Age
58
Source
Manufacturing
Industry
Manufacturing
Citizenship
CHINA

Biography

Zhu Jiangming, the visionary founder of Zhejiang Leapmotor Technology, is a prominent figure in the Chinese electric vehicle (EV) industry. With a current estimated net worth of $9.2 Billion as of January 18, 2026. His wealth stems primarily from his significant ownership of Zhejiang Leapmotor Technology Co Ltd (HKSE:09863), a company he founded in 2015. Zhu's career spans over 30 years of technical experience, including co-founding Dahua Technology, a major surveillance equipment supplier, and working at Motorola. Leapmotor, under his leadership, has experienced rapid growth, with sales targets of 600,000 vehicles in 2025 and a goal of reaching 1 million vehicles in 2026. Zhu emphasizes innovation, quality, and market-oriented mechanisms to drive the company's success and competitiveness in the EV market.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life and Career

Zhu Jiangming, born in 1967, has a strong background in engineering. He earned a bachelor's degree in electronic engineering from China's Zhejiang University in 1990. Before founding Leapmotor, Zhu co-founded Dahua Technology, a leading supplier of surveillance equipment, where he invented the HDCVI video transmission technology. From 2008 to 2010, he worked at Motorola in Hangzhou. His technical expertise and entrepreneurial drive set the stage for his future endeavors in the automotive industry.

Rise to Success with Leapmotor

In 2015, Zhu Jiangming founded Zhejiang Leapmotor Technology Co., Ltd., entering the smart car industry with the vision of creating a world-class automaker. Leveraging his experience in technology and anticipating the trend of vehicle electrification and intelligence, he focused on independent research and development of core technologies. Leapmotor's rapid growth and innovative approach, including in-house component production, have set it apart from competitors. The company's sales volume in 2025 reached nearly 600,000 vehicles, with a target to achieve 1 million vehicle sales in 2026.

Key Business Strategies

Zhu Jiangming's strategic vision for Leapmotor includes a focus on in-house R&D, which has allowed Leapmotor to achieve vertical integration. The company's cost efficiency and the development of its core technologies have made it highly competitive in the EV market. Leapmotor has also expanded internationally with a strategic partnership with Stellantis, opening over 400 outlets globally.

Philanthropy

The search results did not provide specific details of Zhu Jiangming's philanthropic activities.

Career Milestones

2002

Led the team to develop 8-channel embedded DVR

Led the team to develop 8-channel embedded DVR, which became a unique product in the security industry.

2014

Invented HDCVI video transmission technology

HDCVI video transmission technology became an international standard.

2015

Founded Leapmotor

Founded Leapmotor to enter the smart car industry.

2023

Stellantis Invests in Leapmotor

Stellantis invested approximately 1.5 billion euros to acquire about 21% of the equity in Leapmotor.

Philanthropy & Social Impact

Information not available

Information not available

$0B

Information not available

Business Philosophy & Leadership

Notable Quotes

""Carmakers must never sell cars at a loss; we have to keep a gross margin — that's something we've always insisted on.""

""We should stick to market-based mechanisms, build advantages through open competition, make products better, improve quality and drive down costs, so the industry and consumers can both benefit.""

Leadership Principles

Market-Oriented Approach

Adhering to market-based mechanisms, promoting open competition to benefit both the industry and consumers.

Product Excellence

Prioritizing getting the product right to drive success, and focusing on technology and product quality.

Innovation and R&D

Emphasizing comprehensive in-house R&D to maintain competitiveness.

Controversies & Challenges

2026

Employee Complaints

Employees of Leapmotor had a poor experience at the automotive electronics division year-end party and expressed their frustrations on social media, exposing shortcomings in the company's organizational capabilities. Zhu Jiangming initiated a comprehensive review to optimize future events.