Bloomberg Billionaires Index

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

# 187 Pei Zhenhua $9.35B

Random fact: Billionaire Li Shu Fu's Geely Group is one of the main clients of CATL.

Overview

Pei is a major shareholder of Contemporary Amperex Technology Co., the largest supplier of electric vehicle batteries in the world. The Ningde, China-based company had revenue of 130.4 billion yuan ($20.2 billion) in 2021. Pei is also chairman of Suzhou TA&A Ultra Clean Technology, a provider of antistatic cleaning technology.

As of :
Last change -$327M ( -3.4%)
YTD change -$4.64B ( -33.2%)
Biggest asset 300750 CH Equity
Country / Region China
Age 63
Industry Industrial
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

Pei Zhenhua's net worth of $9.35B can buy ...

0
troy ounces of gold
0
barrels of crude oil

... and is equivalent to ...

0%
of the GDP of the United States
0%
of the total wealth of the 500 richest people in the world
0%
of the top 100 U.S. college endowments
0%
of the top 200 U.S. executives’ total awarded compensation
0%
of U.S. existing home sales
0
times the median U.S. household income

Latest News

Net Worth Summary

Cash
Private asset
Public asset
Misc. liabilities
Confidence rating:

The majority of Pei's fortune is derived from his stake in Contemporary Amperex Technology Co., a battery products manufacturer. CATL is the largest supplier of electric vehicle batteries in the world, according to its website.

Pei owns a 5.8% stake in CATL through his majority stake in Ningbo Lianhe, according to the company's 2022 first-quarter report. Pei owns a 79.9% stake in holding company Ningbo Lianhe.

He also owns a 35% stake in Suzhou TA&A Ultra Clean with his wife, according to the company's 2022 first-quarter report. About 2% of this stake is pledged and removed from the calculation.

The value of his cash investments is based on an analysis of dividends, insider transactions, taxes and market performance.

Elaine Huang, a spokeswoman for the company, declined to comment on the billionaire's net worth.

Biography

Birthdate: 1959
Family: Unmarried, No children
Education: Ceibs Business School

Pei was born in Jiangsu, China in 1959 and worked in a textile lab before founding Suzhou TA&A Ultra Clean Technology in 1997.

He has a MBA degree from China Europe International Business School, according to Suzhou TA&A's 2014 prospectus. Suzhou TA&A started trading on the Shenzhen stock exchange in 2014.

Pei began investing in the electric vehicle battery business CATL in 2015. CATL would become the largest supplier of electric vehicle batteries in the world.

Milestones
  • 1959 Born in Jiangsu, China.
  • 2011 CATL is founded.
  • 2014 Suzhou TA&A Ultra Clean Technology starts trading in Shenzhen.
  • 2018 CATL starts trading in Shenzhen.