BillionaireNet
family
Xu Xudong & family
Rank #2674
CHINAAutomotiveAuto parts

Xu Xudong & family

Net Worth
$1.312B
+2.91% (24h)
Xu Xudong, a Chinese billionaire, chairs Ningbo Xusheng Auto Technology, a key supplier to Tesla, providing gear boxes and battery protection shells. His wealth stems from his involvement in the automotive industry, particularly auto parts manufacturing. Xu Xudong's career has been marked by his leadership role within Wanxiang Group, a major player in the automotive components sector and a significant conglomerate in China. He has been instrumental in building Xusheng into a leading supplier for electric vehicle manufacturers, showcasing his business acumen and strategic vision. The family's estimated net worth is $1.2 billion.

The Full Dossier

Early Life

Information regarding Xu Xudong's early life and education is limited in the available search results.

Rise to Success

Xu Xudong's primary source of wealth is the auto parts industry. He chairs Ningbo Xusheng Auto Technology. Xusheng is a supplier of gear boxes and battery protection shells to Tesla. Other customers include Chrysler, Mahler, and Bosch.

Key Business Strategies

Xu Xudong's business strategy appears to focus on supplying high-demand components to the automotive industry, particularly for electric vehicles. This includes a focus on key customers such as Tesla, Chrysler, Mahler, and Bosch.

Philanthropy

The search results do not provide specific information on Xu Xudong's philanthropy.

Career Timeline

YEAR - Not found in results

Chairman of Ningbo Xusheng Auto Technology

Led Xusheng as a key supplier of gearboxes and battery protection shells to Tesla and other major automotive companies.

Philanthropic Impact

Category - Not found in results$XB

REAL initiative - Not found in results

REAL description - Not found in results

Wealth Trajectory