BillionaireNet
Wei
Wang Wei
Rank #158
CHINAServicePackage delivery

Wang Wei

Net Worth
$16.278B
+0.53% (24h)
Wang Wei, born in Shanghai, China, in October 1970, is a self-made billionaire and the founder and chairman of SF Express, a leading multinational delivery and logistics company. His journey began in the early 1990s when he founded ShunFeng Express, which has grown to become a global logistics powerhouse with over 177,000 employees by 2024. Wang's source of wealth is primarily from package delivery, and he is ranked among the wealthiest individuals in China. Known for his media-shy personality, Wang has focused on building SF Express through quality service and technological innovation. SF Holding went public in 2017 and listed on the Hong Kong Stock Exchange in 2024.

The Full Dossier

Early Life

Wang Wei was born in Shanghai, China, in October 1970. His family moved to Hong Kong when he was seven. He chose not to attend university, and he began working in the manufacturing sector.

Rise to Success

In the early 1990s, Wang founded ShunFeng Express. The company provided delivery services, especially between Guangdong Province and Hong Kong. SF Express has grown exponentially over the years, becoming a multinational courier service with over 400,000 employees by 2017. SF Holding went public in 2017 and listed on the Hong Kong Stock Exchange in 2024.

Key Business Strategies

SF Express focused on service quality and delivery speed, winning customer trust. Wang integrated modern technologies into the logistics processes, offering same-day and next-day deliveries. Unlike peers, SF relied on its own employees and maintained fleets of aircraft and vehicles to achieve the delivery speeds.

Philanthropy

There is no specific data available on Wang Wei's philanthropy amounts. The Wei Wei Wang Fund, a different entity, supports education, religion, and youth development initiatives.

Career Timeline

2024

SF Holding Listed on Hong Kong Stock Exchange

Listed on the Hong Kong Stock Exchange.

2017

SF Holding Public

Took the company public through a reverse merger on the Shenzhen Stock Exchange.

1990s

Founded ShunFeng Express

Established a small courier service to speed up the process of delivering samples between mainland China and Hong Kong.

Wealth Trajectory