Z hang Shengwei is a Chinese entrepreneur and a major figure in the global vaping industry. He is the founder and majority owner of Shenzhen iMiracle Technology, the company behind popular disposable e-cigarette brands like Elf Bar and Lost Mary. Before entering the vaping market, Zhang ran a business selling various goods on eBay, gaining experience in international e-commerce.
He transitioned to manufacturing vaping devices, capitalizing on the global shift towards disposable e-cigarettes. His brands have achieved massive success in markets like the UK and the US, despite regulatory challenges. Zhang also holds stakes in other vaping companies, including the makers of Air Bar and Geekvape, consolidating his influence in the sector. His rapid rise to wealth underscores the explosive growth of the vaping industry.
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Zhang Shengwei is a Chinese businessman, the founder and majority owner of Shenzhen iMiracle Technology, a Shenzhen-based electronic cigarette manufacturer.
Before turning to vaping, Zhang ran a low-tech e-commerce business, selling kitchenware and clothing on eBay. Shenzhen iMiracle Technology produces popular vaping brands including Elf Bar and Lost Mary.
Zhang Shengwei's career is defined by a sharp pivot from general e-commerce to dominating the specialized and high-growth electronic cigarette market. His structural achievement is building a massive manufacturing and distribution network for disposable vaping products, creating globally recognized brands like Elf Bar and Lost Mary.
He also holds stakes in the firms behind other brands like Air Bar and Geekvape. His wealth is secured by his controlling stake in the highly profitable private manufacturing firm.
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Sold kitchenware and clothing on eBay.
Founds Shenzhen iMiracle Technology and produces brands like Elf Bar and Lost Mary.
Continues as founder and majority owner of the company.
Zhang Shengwei's wealth is concentrated in his majority ownership of the private manufacturing giant, Shenzhen iMiracle Technology.
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+0.61% | +$7.57M
-0.16% | -$3.35M
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