BillionaireNet
family
Xie Liangzhi & family
Rank #1550
CHINAHealthcareBiotech

Xie Liangzhi & family

Net Worth
$2.564B
-0.17% (24h)
Xie Liangzhi, a 59-year-old biotech entrepreneur, chairs Beijing-based Sinocelltech Group. He is a self-made billionaire with an estimated net worth of $2.7 billion as of December 16, 2025. His wealth stems from the healthcare industry, specifically his involvement in biotechnology. Xie holds a Ph.D. in chemical engineering from the Massachusetts Institute of Technology and worked at Merck & Co. before returning to China to start his own business in 2002. His career has been marked by significant achievements in the development of viral vaccines and the establishment of advanced biotechnology platforms.

The Full Dossier

Early Life and Education

Xie Liangzhi, born in China, pursued higher education in the United States. He graduated from Dalian Institute of Technology (now Dalian University of Technology) with a bachelor's degree in 1987 and a master's degree in 1990. In 1996, he earned a Ph.D. in chemical engineering from the Massachusetts Institute of Technology (MIT), where he published 10 SCI papers.

Career at Merck & Co. and Return to China

After graduating from MIT, Xie joined Merck & Co. in 1996, where he worked on the development of viral vaccines. He was involved in the development and production technologies for vaccines such as Varivax®, Proquad®, and Zostavax®. During his time at Merck, Xie established advanced production technologies for the adenovirus vector AIDS vaccine. After spending 12 years in the United States, Xie decided to return to China in 2002 to start his own business.

Rise to Success with Sino Biological Inc.

In 2002, Xie founded Sino Biological Inc., a biomedical high-tech company based in the Beijing Economic and Technological Development Zone. The company focuses on the research and development of animal cell expression biotechnology products. Under Xie's leadership, Sino Biological Inc. has undertaken several scientific and technological development projects and established an advanced technology platform for large-scale animal cell cultivation and a rapid industrial channel for the pre-clinical production of genes and proteins. The company has also maintained long-term technological outsourcing service partnerships with major pharmaceutical companies.

Key Business Strategies

Xie's key business strategy involves leveraging his expertise in biotechnology and vaccine development to build a leading biopharmaceutical company. Sino Biological Inc. focuses on providing research reagents and CRO services to global pharmaceutical companies. His approach has been to establish an internationally advanced technology platform for cultivating animal cells and creating a rapid, industrialized channel for pre-clinical production of genes and proteins.

Philanthropy

While specific amounts are not readily available, Xie Liangzhi's focus is on the advancement of the biotech industry and its potential benefits to global health.

Career Timeline

2007-Present

President and CEO

President and CEO of Sino Biological Inc.

2002

Founder

Founded Sino Biological Inc.

1996-2002

Research Fellow

Worked at Merck & Co. on viral vaccine development.

1996

Doctorate

Earned a Ph.D. in Chemical Engineering from the Massachusetts Institute of Technology.

1990

Master's Degree

Graduated from Dalian Institute of Technology (now Dalian University of Technology).

1987

Bachelor's Degree

Graduated from Dalian Institute of Technology (now Dalian University of Technology).

Philanthropic Impact

N/AUndisclosed

Not Available

Details not found.

Wealth Trajectory