Huang is a shareholder of Contemporary Amperex Technology Co., the largest supplier of electric vehicle batteries in the world. The Ningde, China-based company was founded in 2011 and reported revenue of 130 billion yuan ($20.2 billion) in 2021. It began trading publicly on the Shenzhen exchange in June 2018.
Huang Shilin's net worth of $19.9B can buy ...
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The majority of Huang's fortune is derived from his 11.2% stake in Contemporary Amperex Technology Co., a battery products manufacturer. CATL is the largest supplier of electric vehicle batteries in the world, according to its website.
He owns the shares directly and through asset management plans, according to a June 2, 2022 company filing.
The value of his cash investments is based on an analysis of dividends, insider transactions, taxes and market performance.
Elaine Huang, spokeswoman of the company, declined to comment on the billionaire's net worth.
Born in 1967, Huang graduated from Hefei University of Technology, according to CATL's prospectus for an initial public offering in 2018.
He was the research and development director at an energy company in southern China from 2004 to 2009 before becoming it's vice president. In 012, he began working in CATL and has served different roles including general manager, director and vice-chairman.
The Ningde, China-based company reported revenue of 29.4 billion yuan ($4.5 billion) in 2018. It began trading publicly on the Shenzhen exchange on June 11, 2018.