Bloomberg Billionaires Index

View profiles for each of the world’s 500 richest people, see the biggest movers, and compare fortunes or track returns.

# 488 Qian Dongqi $5.15B

Random fact: Considers Dyson to be his major competitor.

Overview

Qian is the chairman of Ecovacs Robotics, the biggest seller of robot vacuum cleaners in China. The Suzhou-based company designs and sells household robots in more than 80 countries. It started trading publicly on the Shanghai stock exchange in 2018 and reported revenue of 7.2 billion yuan ($1 billion) in 2020.

As of :
Last change +$80.0M ( +1.6%)
YTD change -$3.93B ( -43.3%)
Biggest asset 603486 CH Equity
Country / Region China
Age 64
Industry Technology
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

Qian Dongqi's net worth of $5.15B can buy ...

0
troy ounces of gold
0
barrels of crude oil

... and is equivalent to ...

0%
of the GDP of the United States
0%
of the total wealth of the 500 richest people in the world
0%
of the top 100 U.S. college endowments
0%
of the top 200 U.S. executives’ total awarded compensation
0%
of U.S. existing home sales
0
times the median U.S. household income

Latest News

Net Worth Summary

Cash
Private asset
Public asset
Misc. liabilities
Confidence rating:

Qian is the chairman of Ecovacs Robotics, a designer and seller of household robots. The Suzhou-based company sells its products in more than 80 countries and is the biggest seller of robot vacuum cleaners in China, according to the company's website.

He owns 67% of the company with his son, according to a Dec. 29, 2021 company filing.

Ma Jianjun, a spokesman for the company, declined to comment on the net worth calculation.

Biography

Birthdate: 2/1/1958
Family: Married, 1 child
Education: Nanjing University

Qian was born in February 1958. He majored in philosophy before graduating from Nanjing University in 1987. After working in various trade companies, he set up Ecovacs in 1998, according the company filings.

The business launched its first vacuum cleaner product in 2001, according to the firm's website. It grew substantially over the next two decades and began selling products to more than 80 countries around the world.

It started trading publicly in Shanghai through an initial public offering in May 2018.

Milestones
  • 1998 Company founded in Suzhou, China.
  • 2001 Launced Ecovacs' first product.
  • 2015 Team up with Disney to launch special products.
  • 2018 Started trading in Shanghai