H e Xiaopeng is a prominent Chinese serial entrepreneur in the technology industry who is the co-founder and chairman of two major, publicly traded companies: the mobile internet software company UCWeb and the electric vehicle manufacturer XPeng Motors. He made his first fortune with UCWeb, which he co-founded in 2004. The company's flagship product, the UC Browser, became one of the most popular mobile browsers in China and other emerging markets. In 2014, UCWeb was acquired by the e-commerce giant Alibaba in a massive deal that made him a billionaire.
After a brief period as an executive at Alibaba, he left to embark on his second major venture, co-founding the electric vehicle startup XPeng Motors in 2014. He has been the chairman and CEO of the company, which has become one of China's leading EV makers and a major competitor to Tesla. He has led the company's focus on in-house development of software and autonomous driving technology. The company's successful IPO on the New York Stock Exchange has significantly added to his wealth, making him a rare example of a founder who has achieved billionaire status with two separate, highly successful tech companies.
Advertisement
He Xiaopeng is a Chinese entrepreneur, the self-made billionaire Founder and Chairman of XPeng Motors (NYSE: XPEV), a leading electric vehicle (EV) company. Born in Huangshi, Hubei, in 1977, his career is rooted in software and technology. He graduated with a Bachelor of Technology degree in Computer Science from South China University of Technology.
His career began in technology, working at AsiaInfo Technologies in various roles (technology, testing, and project manager). His entrepreneurial drive was immediate: in 2004, he co-founded UCWeb, a leading mobile internet company, recognizing the immense opportunity in mobile browsing technology in China.
He Xiaopeng's strategic genius is his ability to pivot between massive technology sectors. 2004: UCWeb. He co-founded UCWeb, overseeing product strategy and R&D. The company was acquired by Alibaba Group for $4.3 billion in 2014, providing his initial massive fortune. He then served as a senior executive of Alibaba's Mobile Business Division until 2017.
2017: XPeng Motors. He officially resigned from Alibaba in August 2017 to become the full-time Chairman of XPeng Motors (a startup he supported in 2014), committing his energy and capital to the EV revolution. Under his leadership, XPeng became a major player in China's competitive smart EV market, launching popular models like the G3 electric SUV and the P7 coupe. He continues to drive autonomous technology efforts and environmental sustainability. His wealth is tied to his successful tech exits and the multi-billion dollar valuation of his EV company.
Advertisement
Co-founds UCWeb (Founding 1).
UCWeb is acquired by Alibaba for $4.3 billion (Major Exit 1).
Resigns from Alibaba to become full-time Chairman of XPeng Motors (Pivotal Event).
XPeng Motors executes its successful IPO and expands its EV model lineup (Financial Milestone).
Continues as Founder and Chairman, guiding the smart EV giant (Executive Oversight).
He Xiaopeng's wealth is concentrated in his founding equity from the UCWeb exit and his controlling stake in the publicly traded EV giant, XPeng Motors (NYSE: XPEV).
Advertisement
He Xiaopeng's social impact is structural, stemming from XPeng's role in driving the global EV transition and advancing autonomous driving technology. His company contributes significantly to reduced carbon emissions and industrial modernization. He is a strong advocate for environmental sustainability.
His career provides a powerful narrative of a serial tech founder successfully applying software innovation to the high-capital automotive industry.
He Xiaopeng maintains the professional, high-energy style of a tech CEO. His attire is consistently modern and high-quality, favoring business casual wear. His aesthetic is one of confident, disruptive authority, reflecting his focus on EV and software innovation.
Residing in Guangzhou, China, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to technology transfer, software integration, and fulfilling his bold vision for the future of connected mobility.
Advertisement
No publicly available quotes.
Advertisement
-0.14% | -$3.31M
+33.64% | +$591.90M
This profile is compiled from verified biographical and financial records:
All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.
If you find any inaccuracies, please report them to admin@redcarpetlife.in
Sponsored Content