He Xiaopeng
Photo: Matti Blume, CC BY-SA 4.0, via Wikimedia Commons

He Xiaopeng Net Worth

Xpeng cofounder and chairman
BillionaireBusiness
Estimated net worth
$1.7B
Source: Forbes Real-Time Billionaires, October 20, 2026. Updated October 22, 2026.

He Xiaopeng’s net worth over time

$1.3B: Forbes World's Billionaires List 2019 estimate, 2019$1.3B2019$1.2B: Forbes World's Billionaires List 2020 estimate, 2020$1.2B2020$5.5B: Forbes World's Billionaires List 2021 estimate, 2021$5.5B2021$4B: Forbes World's Billionaires List 2022 estimate, 2022$4B2022$1.4B: Forbes World's Billionaires List 2023 estimate, 2023$1.4B2023$1.7B: Forbes World's Billionaires List 2024 estimate, 2024$1.7B2024$4.1B: Forbes World's Billionaires List 2025 estimate, 2025$4.1B2025$3.1B: Forbes World's Billionaires List 2026 estimate, 2026$3.1B2026$1.7B: Forbes Real-Time Billionaires estimate, Oct 2026. Forbes real-time estimate$1.7BOct 2026

Only dates with a published estimate are shown. Nothing is filled in between. Tap or hover a bar to see the source.

See the numbers as a table
DateEstimateSource
2019$1.3 billionForbes World's Billionaires List 2019
2020$1.2 billionForbes World's Billionaires List 2020
2021$5.5 billionForbes World's Billionaires List 2021
2022$4 billionForbes World's Billionaires List 2022
2023$1.4 billionForbes World's Billionaires List 2023
2024$1.7 billionForbes World's Billionaires List 2024
2025$4.1 billionForbes World's Billionaires List 2025
2026$3.1 billionForbes World's Billionaires List 2026
Oct 2026$1.7 billionForbes Real-Time Billionaires · Forbes real-time estimate

Where the money comes from

Electric vehicles

These are the main sources of wealth named in the reporting we cite. No published source breaks the total into exact amounts, so we do not show percentages.

He Xiaopeng’s fortune in real-life terms

25,988 years
for the median full-time U.S. worker to earn this much, spending nothing
7,867×
the net worth of the typical U.S. family
0.2%
of Elon Musk's fortune, the biggest on Net Worth Lookup

Based on the Forbes Real-Time Billionaires estimate above. Median full-time U.S. pay is $65,416 a year ($1,258 a week, BLS, Q2 2026), before taxes. Typical (median) U.S. family net worth is $216,100 (Federal Reserve, 2025 Survey of Consumer Finances).

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He Xiaopeng has an estimated net worth of $1.7 billion, according to Forbes Real-Time Billionaires, He Xiaopeng profile (figures as of October 20, 2026). That is up from $1.3 billion in 2019.

He Xiaopeng is a Chinese entrepreneur known for cofounding Xpeng and serving as its chairman. Xpeng is an electric vehicle maker with listings in New York and Hong Kong. Before that, he helped build UCWeb, a mobile internet software and services company he co-founded in 2004. After Alibaba acquired UCWeb in 2014, he took senior roles there, including president of UCWeb and president of the Alibaba Mobile Business Group.

His wealth comes from electric vehicles and from the earlier sale of UCWeb. In August 2017, he left Alibaba and joined Xpeng as chairman. He had already supported the company from 2014, and it had worked on autonomous driving engineering and machine learning. Xpeng released a beta version of its G3 intelligent electric mini-SUV in September 2016. Forbes currently estimates his net worth at $1.7 billion on its real-time billionaires tracker as of October 20, 2026.

How He Xiaopeng built his fortune

He Xiaopeng first made his mark in software and mobile internet. After early work at AsiaInfo Technologies, he co-founded UCWeb with Liang Jie in 2004 and led product strategy and R&D. Alibaba bought UCWeb in June 2014 in a $4.3 billion deal. He then stayed on in senior roles at Alibaba, including its mobile business group, before stepping away in August 2017.

His later wealth is tied to Xpeng, the electric vehicle company he co-founded and now chairs. He backed the company from 2014 and became full-time chairman in August 2017. Forbes places him in the automotive industry, with wealth tied to electric vehicles. In July 2023, Volkswagen said it would buy a 4.99% stake in Xpeng through a $700 million capital increase. In August 2023, Xpeng agreed to acquire Didi's smart-car development arm in a $744 million all-stock deal.

Forbes net worth timeline

Forbes has tracked sharp swings in He Xiaopeng's fortune over the years. It estimated his net worth at $1.3 billion in 2019, $1.2 billion in 2020, and $5.5 billion in 2021. The estimate then moved to $4 billion in 2022 and $1.4 billion in 2023. Those changes line up with how closely his wealth is connected to Xpeng and the electric vehicle business.

More recently, Forbes put his wealth at $1.7 billion in 2024, $4.1 billion in 2025, and $3.1 billion in 2026 on its World's Billionaires List. Forbes now shows $1.7 billion on its real-time tracker as of October 20, 2026. During 2023, Xpeng also drew two notable corporate moves: Volkswagen's investment and observer seat deal, and the staged Didi transaction that would leave Didi with a 3.25% stake.

Career and money timeline

  1. 2004

    He co-founded UCWeb and led product strategy and R&D.

  2. 2014

    Alibaba acquired UCWeb, and he later held senior roles there.

  3. 2016

    Xpeng released the beta version of its G3 electric mini-SUV.

  4. 2017

    He left Alibaba and joined Xpeng as chairman.

  5. 2023

    Volkswagen announced a 4.99% stake purchase in Xpeng.

  6. 2023

    Xpeng agreed to acquire Didi's smart-car development arm.

He Xiaopeng net worth FAQ

What is He Xiaopeng's net worth?

He Xiaopeng's net worth is an estimated $1.7 billion, according to Forbes Real-Time Billionaires, He Xiaopeng profile (October 20, 2026). It is an estimate, not an official figure.

How did He Xiaopeng get so rich?

The main sources named in the reporting we cite are: Electric vehicles.

Is He Xiaopeng a billionaire?

Yes. Forbes Real-Time Billionaires estimates He Xiaopeng is worth $1.7 billion.

How has He Xiaopeng's net worth changed?

The earliest published estimate we track is $1.3 billion (2019, Forbes World's Billionaires List 2019). The latest is $1.7 billion (October 20, 2026).

What company is He Xiaopeng best known for?

He is best known for cofounding Xpeng and serving as its chairman. He also co-founded UCWeb earlier in his career.

How does Forbes describe his wealth?

Forbes ties his wealth to electric vehicles and places him in the automotive industry. Forbes also says he is self-made.