Lu Xiangyang is a Chinese businessman with a net worth of $8.2 billion. He is the Vice Chairman of BYD, one of the largest privately controlled automakers in China, and has acquired his wealth through investments in the automobile industry. He is a savvy investor and has been able to capitalize on the growth of the industry in China.
Lu Xiangyang is a member of Richest Billionaires
💰Lu Xiangyang Net worth: $13.2 Billion
Aside from being leader in the automobile industry, BYD is also one of the biggest manufacturers of cellphone batteries in the world. A majority shareholder in BYD, Mr. Xiangyang saw an evident increase in his net worth throughout the past year as the company's Shenzhen-traded shares more than doubled. In addition to the above, Lu Xiangyang runs an investment company called Guangzhou Youngy Management & Investment Group.