BillionaireNet
Mao
Charlwin Mao
Rank #2020
CHINATechnologyE-commerce

Charlwin Mao

Net Worth
$1.9B
0% (24h)
Charlwin Mao, also known as Mao Wenchao, is the CEO and co-founder of Xiaohongshu (Red Note), a Shanghai-based social media and e-commerce platform. With a current net worth of $1.9 billion as of December 16, 2025. Mao co-founded Xiaohongshu in 2013 after drawing inspiration from his travels and experiences at Stanford University and Bain & Company. His career began at Bain & Company, and he later studied at Stanford Graduate School of Business. Xiaohongshu, with over 300 million users as of July 2024, has become a leading platform for social e-commerce, influencing consumption trends in China and beyond.

The Full Dossier

Early Life

Charlwin Mao, born in Wuhan, Hubei Province, China in 1985, also known as Mao Wenchao, attended Shanghai Jiao Tong University, where he majored in Mechatronics beginning in 2003. He participated in international exchange programs and later pursued MBA studies at Stanford University's Graduate School of Business, graduating in 2007 with a degree in Computer Science and Engineering.

Rise to Success

After graduating, Mao worked at Bain & Company and Bain Capital. His travels inspired him to start a business that offered shopping advice to Chinese tourists traveling abroad. In 2013, he co-founded Xiaohongshu (Little Red Book) with Miranda Qu. The platform quickly gained popularity, and has approximately 300 million active monthly users as of 2024. In 2020, he was recognized as one of China's Top 10 business elites under 40.

Key Business Strategies

Mao's leadership at Xiaohongshu has focused on integrating social networking with e-commerce, creating a platform where users share shopping experiences and product recommendations. This strategy has helped the platform become a key player in China's e-commerce market. The name 'Xiaohongshu' (Little Red Book) was inspired by the colors of Stanford University and Bain Capital. In addition, the app's success has been attributed to its user-generated content and focus on authentic reviews, which has built trust among consumers.

Philanthropy

Unfortunately, I could not find any specific information about Charlwin Mao's philanthropic activities.

Career Timeline

2020

Recognized as Business Elite

Listed as one of China's Top 10 business elites under 40.

2013

Co-founded Xiaohongshu

Launched Xiaohongshu (Little Red Book) with Miranda Qu, a social media and e-commerce platform.

2007

Graduated from Stanford

Earned an MBA from Stanford Graduate School of Business.

Wealth Trajectory