BillionaireNet
family
Zhou Liangzhang & family
Rank #3103
CHINAManufacturingelectrical equipment

Zhou Liangzhang & family

Net Worth
$1.011B
-2.61% (24h)
Zhou Liangzhang, the chairman of Hexing Electrical, a leading supplier of electrical equipment, has built a substantial fortune. His wealth stems from the manufacturing of electrical equipment, with products utilized in over 80 countries. Zhou's career began in a state-owned business before he founded Hexing. His success highlights the significant role of the electrical equipment industry in the global market. As of 2024, Zhou Liangzhang's net worth is estimated at $1.0 billion.

The Full Dossier

Early Life and Career Beginnings

Zhou Liangzhang started his career in a state-owned business, gaining valuable experience in the electrical industry. This early exposure provided a foundation for his future entrepreneurial endeavors.

Rise to Success with Hexing Electrical

Zhou founded Hexing Electrical, which quickly became a significant player in the global electrical equipment market. Under his leadership, Hexing's products expanded to be used in over 80 countries, showcasing the company's impact and Zhou's strategic vision. The company specializes in providing electrical equipment to power utilities.

Key Business Strategies

Zhou's key strategies include focusing on innovation, quality, and expanding into international markets. His commitment to meeting the needs of various markets, from Latin America to Europe, has been crucial to Hexing's success. Hexing has a factory in Romania.

Current Status and Net Worth

As of 2024, Zhou Liangzhang's net worth is estimated to be $1.0 billion, ranking him among the world's wealthiest individuals. He is currently the Chairman of Hexing Electrical Co., Ltd., a position he has held since 2012. His leadership continues to drive Hexing's growth in the global market.

Career Timeline

2012

Chairman of Hexing Electrical Co., Ltd.

Zhou was elected as Chairman of Hexing Electrical Co., Ltd.

Founded Hexing Electrical

Founded Hexing Electrical

Zhou founded Hexing Electrical Co., Ltd., which became a global leader in smart energy solutions.

1982

Started business

Zhou Liangzhang began his entrepreneurial journey in the electrical equipment industry.

Wealth Trajectory