Chris Xu (entrepreneur)

Chris Xu
许仰天
Born1984 (age 41–42)
Shandong, China
EducationQingdao University of Technology (BSc)
Occupation
Businessman
TitleFounder & CEO of Shein
Chinese name
Simplified Chinese许仰天
Traditional Chinese許仰天
Transcriptions
Standard Mandarin
Hanyu PinyinXǔ Yǎngtiān

Chris Xu, also known as Sky Xu and Xu Yangtian, is a Chinese-American entrepreneur and the founder of the online clothing retailer Shein. Xu is considered to be reserved and rarely appears in public.[1][2]

Biography

Xu is said to come from a poor family in Shandong province and to have studied at the Qingdao University of Technology[3]. According to other sources, he studied at the George Washington University. He also has American citizenship and is a permanent resident of Singapore. According to information from Shein, he was born in China.[4] After graduating, he worked in marketing at search engine optimization and became aware of the opportunities that arose from selling Chinese products abroad.

In 2008, Xu, together with two business partners, Wang Xiaohu and Li Peng, founded the online retailer Nanjing Dianwei Information Technology, which is said to have been a forerunner of Shein. Xu launched SheInside in Nanjing in 2011 to sell wedding clothing, which later became Shein. His two business partners claimed that Xu subsequently pushed them out of the company, stopped showing up at the office and took control of their businesses Pay Pal account. Xu and Shein denied this version of events and threatened legal action.[4]

In 2015, Xu moved his company's headquarters from Nanjing to Guangzhou and subsequently rose to become a global brand. In February 2022, Xu moved to Singapore according to reports, where Shein also moved its legal headquarters to. In the same year, Shein reached a valuation of $100 billion.[4]

Personal life

As of July 2025, Forbes estimated his net worth at $9.1 billion.[5]

References

  1. ^ Nagpaul, Sunny. "Shein's CEO is so low-profile that even his own employees don't recognize him". Fortune. Retrieved 2025-01-16.
  2. ^ Lu, Shen. "The World's Most Anonymous CEO Is About to Take Center Stage". WSJ. Retrieved 2025-01-16.
  3. ^ "优秀校友:2003级国际经济与贸易专业——许仰天". 2025-10-28.
  4. ^ a b c Davidson, Helen (2022-07-30). "Chris Xu: Who is Shein's mysterious billionaire founder?". The Guardian. ISSN 0261-3077. Retrieved 2025-01-16.
  5. ^ "Sky Xu". Forbes. Retrieved 2025-01-16.