Cai Huabo

Net Worth

$5.954B

+2.88% (24h)

Cai Huabo, a 49-year-old self-made billionaire, chairs Shenzhen Longsys Electronics, a major supplier of memory chips. His wealth primarily stems from the electronics industry, specifically from Longsys, which he founded in 1999. Cai became a billionaire after Longsys's IPO on the Shenzhen Stock Exchange in August 2022. The company's acquisition of the Lexar brand from Micron in 2017 further solidified its position in the market. As of late 2024, his net worth is estimated at $5.7 billion, and he is ranked #1513 on Forbes' 2025 Billionaires list. Cai's career has focused on the technological advancement and manufacturing of electronics components.

The Full Dossier

Early Life

Information about Cai Huabo's early life is limited in the available sources. However, it is known that he was born in 1976.

Rise to Success

Cai Huabo founded Longsys Electronics in 1999. The company's IPO on the Shenzhen Stock Exchange in August 2022 marked a significant turning point, making Cai a billionaire. Longsys's acquisition of the Lexar brand from U.S. chipmaker Micron in 2017 was a strategic move that expanded its market presence.

Key Business Strategies

Key strategies include focusing on R&D, design, and sales of flash memory and DRAM. Longsys has formed core competitiveness in firmware algorithm development, memory chip design, and packaging.

Philanthropy

Philanthropic activities are not detailed in the available sources.

Career Timeline

2022

IPO on Shenzhen Stock Exchange

Longsys's initial public offering on the Shenzhen Stock Exchange, which made Cai Huabo a billionaire.

2017

Acquired Lexar

Longsys acquired the Lexar brand from Micron, expanding its market presence.

1999

Founded Longsys Electronics

Cai established Longsys Electronics, a company focused on memory chips and related products.

Philanthropic Impact

Information unavailableUndisclosed