Lu Xiangyang was born in Anhui. He started his career at the local branch of the People's Bank of China. At the beginning of the 1990s, he moved to Guangdong province, where he started working for brokers. Later he even founded Guangzhou Youngy Management and Investment Group. In 1995, he invested 5 million renminbi in the newly formed company BYD, the founder of which was his cousin Wang Chuanfu. The share in the BYD afterwards brought Xiangyang the majority of his fortune. Later Lu Xiangyang acquired 70% of the world’s second-largest lithium mine in Sichuan and a cobalt mine in the Democratic Republic of Congo.[2][3][4]
Lu Xiangyang made the 2022 Forbes Billionaires List with an estimated wealth of $15.7 billion and occupied the 114th position.[1]
^"Lu Xiangyang". Week in China. 2009-12-11. Retrieved 2022-04-17.
^"Lu Xiangyang invested 2.5 million in BYD, and now he has made hundreds of billions, and is now the richest man in Guangzhou". Inf News. 2022-04-08. Retrieved 2022-04-17.
^"The owner of the investment company borrowed 2.5 million yuan to his cousin to start a business, and after the cousin became the richest man in China, he repaid him 20 billion!". LaiTimes. Retrieved 2022-04-17.
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xiangyang, this, chinese, name, family, name, xiangyang, chinese, entrepreneur, founder, battery, auto, maker, company, born1962, nationalitychinese, born, anhui, started, career, local, branch, people, bank, china, beginning, 1990s, moved, guangdong, province. In this Chinese name the family name is Xiangyang Lu Xiangyang is a Chinese entrepreneur and a founder of the battery and auto maker BYD Company 1 Lu XiangyangBorn1962 age 60 61 NationalityChineseLu Xiangyang was born in Anhui He started his career at the local branch of the People s Bank of China At the beginning of the 1990s he moved to Guangdong province where he started working for brokers Later he even founded Guangzhou Youngy Management and Investment Group In 1995 he invested 5 million renminbi in the newly formed company BYD the founder of which was his cousin Wang Chuanfu The share in the BYD afterwards brought Xiangyang the majority of his fortune Later Lu Xiangyang acquired 70 of the world s second largest lithium mine in Sichuan and a cobalt mine in the Democratic Republic of Congo 2 3 4 Lu Xiangyang made the 2022 Forbes Billionaires List with an estimated wealth of 15 7 billion and occupied the 114th position 1 References Edit a b Lu Xiangyang Forbes Retrieved 2022 04 17 Lu Xiangyang Week in China 2009 12 11 Retrieved 2022 04 17 Lu Xiangyang invested 2 5 million in BYD and now he has made hundreds of billions and is now the richest man in Guangzhou Inf News 2022 04 08 Retrieved 2022 04 17 The owner of the investment company borrowed 2 5 million yuan to his cousin to start a business and after the cousin became the richest man in China he repaid him 20 billion LaiTimes Retrieved 2022 04 17 nbsp nbsp This business related Chinese biographical article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Lu Xiangyang amp oldid 1100871547, wikipedia, wiki, book, books, library,
