Xu Hang

$6.64 B

Ranked #575 in World

About Xu Hang

Chinese billionaire Xu Hang, renowned for co-founding Mindray Medical International, is a key figure in medical technology innovation, holding an MA in biomedical engineering from Tsinghua University. His achievements include creating China's inaugural color B-ultrasound machine. With a significant role in establishing Mindray as a leading high-tech medical equipment maker, his ventures expanded into Pengrui Investment Group in 2001. Despite resigning as Mindray's co-CEO in 2012, Xu Hang's leadership persists as chairman, with Forbes 2022 ranking him the 113th richest globally with a fortune of $16.1 billion.

Born

May 22, 1962

Age

63 years

Source Of Wealth

Medical Devices

Industries

Healthcare

Citizenship

Hong Kong

Residence

Shenzhen

Education

EMBA, Ceibs; Bachelor of Engineering, Tsinghua University; Master of Science in Engineering, Tsinghua University

Xu Hang, a prominent Chinese billionaire business magnate and philanthropist, was born in 1963 in the city of Wuxi, Jiangsu province, China. His early years and childhood were marked by a strong interest in science and technology, which would later shape his career path.

Xu Hang: Family

Xu Hang comes from a supportive family background. His father was an engineer, while his mother was a teacher. Their encouragement and guidance played a crucial role in shaping Xu Hang's educational and professional pursuits.

Xu Hang: Career Highlights

Xu Hang's career is marked by several notable achievements. In 1991, he co-founded Mindray Medical International, a Shenzhen-based multinational medical instrumentation manufacturer, along with Li Xiting and Cheng Minghe. Under his leadership, Mindray grew to become the nation's largest high-tech medical equipment manufacturer.

In addition to his success with Mindray, Xu Hang also established Pengrui Investment Group Co., Ltd in 2001. This company focuses on high-tech environmental protection, real estate, and ecotourism project development.

Xu Hang: Companies

Xu Hang's entrepreneurial ventures include the following companies:

Mindray Medical International
Pengrui Investment Group Co., Ltd

Xu Hang: Major Achievements

One of Xu Hang's major achievements was the invention of China's first domestic color B-ultrasound machine. This groundbreaking innovation earned him the prestigious National Progress Award.

Xu Hang: Awards & Achievements

Xu Hang's contributions to the medical technology industry and philanthropy have been widely recognized. He has received numerous awards and accolades, including:

National Progress Award
Listed on Forbes magazine's 2022 The World's Billionaires list with an estimated wealth of US$16.1 billion, ranking 113th globally.

Xu Hang: Personal Life & Legacy

Xu Hang is known for his philanthropic efforts and dedication to social causes. He has made significant contributions to education, healthcare, and environmental protection initiatives. His legacy is one of innovation, entrepreneurship, and a commitment to improving society.

Xu Hang: Trivia

Here are some interesting facts about Xu Hang:

He holds a Bachelor of Arts degree from Tsinghua University and a Master of Arts in biomedical engineering from the Department of Electrical Engineering of Tsinghua.

Xu Hang resigned from the co-CEO position of Mindray in 2012 but continued as the company's chairman.

Wealth History

Timeline

Xu Hang was born.

Xu Hang obtained a BA degree from Tsinghua University.

Xu Hang obtained an MA in biomedical engineering from the Department of Electrical Engineering of Tsinghua.

Xu Hang invented China's first domestic color B-ultrasound machine, winning the National Progress Award.

1991

Xu Hang co-founded Mindray with Li Xiting and Cheng Minghe.

2001

Xu Hang established Pengrui Investment Group Co., Ltd.

2012

Xu Hang resigned from the co-CEO position of Mindray but continued as the company's chairman.

2022

Xu Hang was listed on Forbes magazine's The World's Billionaires list with an estimated wealth of US$16.1 billion, ranking 113th globally.

Xu Hang : FAQs

What is Xu Hang's current net worth?

Xu Hang's current net worth is $6.64 billion.

What is Xu Hang's current global rank among billionaires?

Xu Hang holds the 575th position globally among billionaires.

What is Xu Hang's current ranking within the Hong Kong?

Xu Hang holds the 16th position in Hong Kong.

What was the change in Xu Hang's net worth compared to the previous year?

Xu Hang's net worth decreased by 680.34 million dollars compared to the previous year 2025, when his net worth was 7.32 billion dollars.

What is the recent change in Xu Hang's net worth?

Xu Hang's net worth decreased by 38.94 million dollars recently, a 0.59% decrease, with his net worth standing at 6.64 billion dollars.

What are Xu Hang's main sources of wealth?

Xu Hang's main source of income comes from Medical Devices.

In which industry does Xu Hang primarily operate?

Xu Hang is primarily involved in the Healthcare industry.

What is Xu Hang educational background?

Xu Hang holds a EMBA from Ceibs, a Bachelor of Engineering from Tsinghua University and a Master of Science in Engineering from Tsinghua University.

How old is Xu Hang?

Xu Hang is 63 years old.

Who is Xu Hang and what company did he co-found?

Xu Hang is a Chinese billionaire business magnate and philanthropist, known for co-founding Mindray Medical International, a leading multinational medical instrumentation manufacturer based in Shenzhen.

What significant invention is attributed to Xu Hang in the medical field?

Xu Hang is credited with inventing China's first domestic color B-ultrasound machine, an achievement that won him the National Progress Award.

What other business ventures is Xu Hang involved in besides Mindray?

Besides his contributions to Mindray, Xu Hang established Pengrui Investment Group Co., Ltd in 2001, with interests in high-tech environmental protection, real estate, and ecotourism project development.