Bloomberg Billionaires Index

View profiles for each of the world’s 500 richest people, see the biggest movers, and compare fortunes or track returns.

# Simon Xie

Random fact: Earned 82 yuan a month two years after graduation in 1994.


Xie is a co-founder of Alibaba Group, China's biggest e-commerce company. The Hangzhou-based company operates websites including and Tmall, a platform that allows companies to open their own online stores. Xie also has a stake in Zhejiang Ant Small & Micro Financial Services, the Alibaba affiliate that owns Alipay.

As of June 20, 2018:
Last change ()
YTD change ()
Industry Technology
Biggest asset N/A
Citizenship China
Age 47
Wealth Self-made
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

Simon Xie's net worth of can buy ...

troy ounces of gold
barrels of crude oil

... and is equivalent to ...

of the GDP of the United States
of the total wealth of the 500 richest people in the world
of the top 100 U.S. college endowments
of the top 200 U.S. executives’ total awarded compensation
of U.S. existing home sales
times the median U.S. household income

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Net Worth Summary

Private asset
Public asset
Misc. liabilities
Confidence rating:


Birthdate: 7/1970
Family: Married, No children
Education: Bachelor's Degree, Engineering, Shenyang University of Technology

Xie Shihuang, who's also known as Simon Xie, was born in July 1970 to a blacksmith's family in Rui'an, a town near China's eastern coast. He graduated with a degree in financial management from Shenyang University of Technology in 1992. His first job was as a sales accountant at a state-owned company in Hangzhou, the hometown of Alibaba Chairman Jack Ma.

Xie worked at a telecommunications company, where he met Ma in 1996. He agreed to be a finance executive at Alibaba three years later.

Xie is the second-biggest individual shareholder of Zhejiang Ant Small & Micro Financial Services Group, the closely held parent company of Alipay, an online-payment company that's an affiliate of Alibaba. He's vice president of Alibaba's China investment team.

Ant Financial isvalued at $150 billion, according to a Bloomberg report dated June 8, 2018.

  • 1970 Born in China's eastern county of Rui'an.
  • 1992 Graduates from Shenyang University of Technology.
  • 1996 Meets Jack Ma while working for a telecom business.
  • 1999 Joins Jack Ma's 12-member team to start
  • 2006 Marries a university lecturer.
  • 2007 holds initial public offering in Hong Kong.
  • 2012 Delists the online retailer from the Hong Kong stock exchange.
  • 2014 Raises $25 billion in world's biggest initial public offering.
  • 2016 Alibaba acquires the South China Morning Post.