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Wang Chuanfu
Wang Chuanfu Net Worth is 1,220 $Million. Wang Chuanfu (Chinese: c??a 1/4 c??) is a Chinese chemist and businessman. Founder of BYD Company, he is the wealthiest man in China as of late 2009.
Wang. Wang Chuanfu (Chinese: c??a 1/4 c??) is a Chinese chemist and businessman. Fo...

Wang Chuanfu Net Worth is 1,220 $Million.

Wang Chuanfu Net Worth is 1,220 $Million. Wang Chuanfu is a Chinese chemist and businessman. Founder of BYD Company, he is the wealthiest man in China as of late 2009.
Wang Wang Chuanfu is a Chinese chemist and businessman. Founder of BYD Company, he is the wealthiest man in China as of late 2009.
Wang was born in China to a family of poor farmers. While in high school he was cared for by his elder brother and sister because both of his parents had died. After high school he studied chemistry at the Central South Industrial University of Technology, and went on to earn a master's degree in 1990 from the Beijing Non-Ferrous Research Institute. He spent several years as a government researcher, but in 1995 he entered the private sector and founded his own company, BYD Company, outside of Shenzhen. Founded with his cousin Lu Xiangyang when he was just 29 years old, BYD Company is currently the world's biggest mobile phone batteries manufacturer. In early 2009, he was reportedly worth US$1.3 billion, placing him #559 on Forbes magazine's list of billionaires. In late 2009, his worth grew to $5.1 billion and was crowned China's rich...
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Wang Chuanfu Latest News

Samsung in talks to invest in Chinese electric car maker BYD

The company started out as a battery developer, founded in 1995 by engineer Wang Chuanfu and 20 co-workers from a state-owned company.
Posted: July 15, 2016, 6:41 am

Take That, Tesla

Imitation, as Melania Trump has learned, is the sincerest form of flattery. So BYD Chairman Wang Chuanfu should be pleased: No less a visionary than Elon Musk, founder of Tesla Motors, appears to be borrowing from the playbook of his Shenzhen-based rival.
Posted: July 21, 2016, 12:26 am

Samsung Bought 52.3 Million BYD Shares For $449 Million

The fundraising will dilute billionaire Chairman Wang Chuanfu’s stake by about 1.9 percentage points to 18.8 percent.” According to Bloomberg, BYD intends (perhaps somewhat ironically) to use the proceeds to fund battery production. With plug-in ...
Posted: July 25, 2016, 7:12 pm

China's BYD And Korea's Samsung: Can Two Battery Kings Forge A Profitable Partnership?

BYD (“Build Your Dreams”) bills itself as is the world’s largest electric car maker. But it’s more than that: BYD engineer-founder Wang Chuanfu is first and foremost a battery maker. Electric cars are Wang’s way of scaling up from mobile phone ...
Posted: July 21, 2016, 12:25 am

Samsung invests $449 million in China's BYD

The fundraising will dilute billionaire Chairman Wang Chuanfu's stake by about 1.9 percentage points to 18.8 percent. Samsung pursued a stake in BYD after its affiliate was among foreign battery makers left off a list of suppliers approved by China ...
Posted: July 22, 2016, 1:00 am
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