By Yue Wang
Publication Date: 2025-12-03 08:43:00
Artificial intelligence has propelled the fortunes of U.S. tycoons like Google parent Alphabet’s Sergey Brin and Nvidia’s Jensen Huang into the stratosphere — and now it’s fueling Chinese moguls, too. Wang Weixiu, founder of Zhongji Innolight, saw his net worth rise 400% to $13 billion this year as demand for his company’s optical devices soared.
According to Wang, who stepped down as chairman of Zhongji Innolight in 2023, his net worth still largely comes from a corporate stake Forbes Estimates. At the time, the 75-year-old had a fortune of $2.6 billion Forbes measured his wealth for the world’s billionaires list in March. Since then, Zhongji Innolight’s Shenzhen-listed shares have risen more than five-fold.
The boom recently brought a second billionaire from the company, based in Yantai in East China’s Shandong Province. Zhongji Innolight’s 54-year-old chairman and CEO Liu Sheng has increased his own net worth to $2.7 billion, largely due to the…
