Forget AI, debt has become the main character on Wall Street as markets just now decided that it’s gotten out of control after years of warnings Tariff refunds are juicing corporate profits and GDP as more tailwinds converge to propel growth to a blistering 4.3% pace, top economist says ‘If your tariff was 0%, there’s no need to commit fraud’: The White House is sounding off on a $112 billion tariff-dodging scheme it made worse U.S. stocks fall after Iran says Strait of Hormuz will remain shut Trump is betting that the U.S. naval blockade choking Iran’s economy can achieve what bombs and missiles couldn’t as more oil sneaks out of the Gulf Gordan Chang – “China Is Broke – Rulers Are Desperate – Bad Things Are Going to Happen” American Airlines will stop upgrading elite flyers to business from coach on long domestic flights Does Africa still back Infantino as Fifa president? A billion SpaceX shares unlock Thursday. Wall Street isn’t worried: ‘You never bet against Elon.

Shao Peisheng & family

Shao Peisheng & family

Shao Peisheng & family (#1414)

Global Rank #1414
Country Rank #163
Country China

Shao Peisheng & family is listed among the world billionaires tracked by Iconic Billionaires.

  • $ 3 B
  • AI computing rental, LCD metal mounts and brackets
  • China
  • M
  • 76 Years

Snapshot

Quick Facts

Global Rank #1,414
Country Rank #163
Net Worth $3.0B
Previous Worth $3.0B
Worth Change +$0.0B
Country China
Industry AI computing rental, LCD metal mounts and brackets
Age 76 Years
Gender M
Worth As Of May 19, 2026
Last Refreshed 28 Jul 2026, 12:00 AM
Residence Wuxi, China
World Billionaires List China Billionaires AI computing rental, LCD metal mounts and brackets

Profile Data

Personal Stats

Age 76
Source Of Wealth AI computing rental, LCD metal mounts and brackets, Self Made
Residence Wuxi, China
Citizenship China
Marital Status Married
Children 2
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $3.0B
Current Net Worth $3.0B

Worth as of May 19, 2026

About Me

Shao PeiSheng, together with his wife Yang Shunmei and son Shao Shuwei, bought a majority stake in a collectively owned electrical components maker, the precursor to Jiangsu Lettall Electronic, in 1998. Lettall expanded into LCD metal mounts and brackets in 2006 and then into AI computing rental through an acquisition in 2023. The company went public on the Shanghai Stock Exchange in 2018. Today Shuwei serves as Lettall's chairman; his sister Qiuping and her husband, Shi Xuping, have board seats.

Wealth Growth

Net Worth Growth Over Time

Tracking Shao Peisheng & family's net worth journey over the years, highlighting key growth phases and financial milestones.

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