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In the world today
Wang Laisheng

Wang Laisheng

W. Laisheng
-0.14% | - $-15.88M
$11.54 B ₹ 1.05 Lk Cr
Real Time Net Worth #261 Ranking as of 21 Feb 2026 By Forbes

More on Wang Laisheng

Gender

Male

Age

62Y

Country

China

Born On

January, 1964

Deceased

No

Relationship Status

Unknown

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Electronics)

Primary Organization

Luxshare Precision Industry

Titles

Co-Founder & Vice Chairman

Sources of Wealth

Luxshare Precision Industry

Industry

Manufacturing, Electronics, Technology

About Wang Laisheng


W ang Laisheng is a Chinese billionaire who is the co-founder and vice chairman of Luxshare Precision Industry, a global electronics manufacturing giant. He co-founded the company in 2004 with his younger sister, Wang Laichun, who serves as the company's chairman and is the primary public face of the business. Their story is a remarkable one of entrepreneurial success, having built a major competitor to their sister's former employer, the electronics giant Foxconn.

Luxshare started as a small manufacturer of electronic connectors and has grown into a massive and highly sophisticated technology company through a combination of organic growth and strategic acquisitions. The company has become a key supplier and assembly partner for the American tech giant, Apple, manufacturing a huge volume of products like the AirPods and the Apple Watch, and is increasingly involved in the assembly of the iPhone. Wang Laisheng's substantial stake in the publicly traded company he co-founded is the source of his multi-billion dollar fortune.

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Quick Reads


  • Co-founder and Vice Chairman of electronics manufacturer Luxshare Precision Industry.
  • He co-founded the company in 2004 with his sister, Wang Laichun.
  • Luxshare is a key supplier and assembly partner for Apple.
  • He and his sister are both self-made billionaires.
  • Their company has become a major competitor to Foxconn.

Early Life and Background


Wang Laisheng is a Chinese businessman, the self-made billionaire Co-founder and Vice Chairman of Luxshare Precision Industry Co., Ltd. (SZSE: 002475), a major global manufacturer of electronic connectors and cables (a key supplier to Apple). His career is rooted in industrial manufacturing, engineering, and supply chain management.

Wang's philosophical approach centers on scale, disruption, and long-term commitment to cost efficiency and quality in the essential electronics supply chain. He co-founded Luxshare in 2004 with his sister, Wang Laichun (the Chairman and CEO).

  • Luxshare Precision Industry (Co-founder & Vice Chairman): The core publicly traded asset, a major global manufacturer of electronic connectors, cables, and final assembly products (a critical supplier to Apple).
  • Industrial Focus: His success is built on scale manufacturing and dominating the domestic and international market for essential electronics components.
  • Investment Strategy: His philosophy is rooted in long-term investment in industrial automation and R&D and leveraging the massive global consumer electronics boom.
  • Family Governance: He and his sister control the massive publicly traded company.

Career Journey of Wang Laisheng


Wang Laisheng's strategic genius was his commitment to efficient manufacturing and operations. He co-founded Luxshare in 2004, successfully building it into a global force by directly competing with his sister's former employer, Foxconn, on cost and operational efficiency. His structural contribution is immense: pioneering the scale manufacturing and professionalization of the Chinese electronics component sector, making it a major foundation of the global technology supply chain. The company successfully executed its IPO on the SZSE.

He remains Vice Chairman, guiding the company's continuous expansion and technological modernization. His wealth is secured by the colossal, long-term, stable profitability of the global consumer electronics manufacturing sector.

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Wang Laisheng's Timeline


2004:

Co-founds Luxshare Precision Industry with his sister, Wang Laichun (Founding).

2010 (September):

Luxshare executes its successful IPO on the SZSE (Financial Milestone).

2010s:

Luxshare becomes a key supplier to Apple (Industrial Apex).

Ongoing:

Continues as Co-founder and Vice Chairman, guiding the global industrial giant (Executive Oversight).

Major Business Ventures and Investments


Wang Laisheng's wealth is concentrated in his founding equity and continued executive leadership of the publicly traded industrial giant, Luxshare Precision Industry Co., Ltd. (SZSE: 002475), and his private investments.

  • Luxshare Precision Industry (Co-founder & Vice Chairman): The core publicly traded asset, a major global manufacturer of electronic connectors, cables, and final assembly products (a critical supplier to Apple).
  • Industrial Focus: His success is built on scale manufacturing and dominating the domestic and international market for essential electronics components.
  • Investment Strategy: His philosophy is rooted in long-term investment in industrial automation and R&D and leveraging the massive global consumer electronics boom.
  • Family Governance: He and his sister control the massive publicly traded company.

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Philanthropy and Social Impact


Wang Laisheng's social impact stems from Luxshare's role as a massive industrial employer, creating thousands of jobs and providing essential components for the global technology supply chain. His personal philanthropy supports various educational and community initiatives, often focused on worker welfare and youth development.

His personal philanthropy supports various community and educational initiatives.

Fashion, Style, and Lifestyle


Wang Laisheng maintains the professional, composed style of a corporate executive. His attire is consistently formal and high-quality, favoring tailored business suits. His aesthetic reflects serious authority and stability, typical of a leader in the global industrial sector.

Residing in Shenzhen, China, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to industrial scale, technological innovation, and the long-term, stable growth of the electronics manufacturing empire.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the Co-founder and Vice Chairman of Luxshare Precision Industry, a major Apple supplier.
  • He and his sister, Wang Laichun, founded the company in 2004.
  • Luxshare is known for its high-volume manufacturing of electronic connectors and cables.
  • His fortune is tied to the successful monetization and scale of the global electronics supply chain.
  • His philosophy emphasizes cost efficiency and supply chain mastery.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

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

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