U.S. debt is even worse than it seems, and rising Treasury yields are now an ‘all-hands-on-deck situation,’ top economist warns Trump says he will spend up to $500 million of 'my money' to help Republicans in midterms How to secure edge AI in customer-owned environments | Microsoft Security Blog British army told to stop non-essential training exercises to save money Hugging Face goes from a ‘scrappy’ startup named after an emoji to $13 billion Nvidia acquisition AI visionary Ray Kurzweil is joining a Silicon Valley startup developing a brain computer system that involves snorting nano particles The IRS slashed its staff. One result? More taxes going uncollected Big tech is investing millions in data centers and saving a quick tax buck while doing it—leaving some states collecting revenue loss GoPro joins AI bonanza with pivot into data centers as shares skyrocket 38% The Pentagon is giving 3 million military and civilian workers access to ChatGPT and Grok through a secure AI platform built for ‘warfighter needs’

Xu Sky

Xu Sky

Xu Sky (#546)

Global Rank #546
Country Rank #56
Country China

Xu Sky is listed among the world billionaires tracked by Iconic Billionaires.

  • $ 7 B
  • E-commerce
  • China
  • M
  • 42 Years

Snapshot

Quick Facts

Global Rank #546
Country Rank #56
Net Worth $7.3B
Previous Worth $7.3B
Worth Change +$0.0B
Country China
Industry E-commerce
Age 42 Years
Gender M
Last Refreshed 02 Sep 2026, 12:00 AM
Residence Guangzhou, China
Citizenship China
World Billionaires List China Billionaires E-commerce

Profile Data

Personal Stats

Age 42
Source Of Wealth E-commerce, Self Made
Residence Guangzhou, China
Citizenship China
Education Bachelor of Science, Qingdao University
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $7.3B
Current Net Worth $7.3B

About Me

Sky Xu is cofounder and CEO of Shein, a fast-fashion phenomenon with Gen Z, selling trendy clothes in more than 150 countries. Backed by HongShan, formerly Sequoia China, it's one of the world's most popular shopping apps whose users love its low prices. The company raised money at a valuation of $100 billion in the first half of 2022; it subsequently fell back amid a global stock rout. It ventured offline in 2023, teaming up with Sparc Group, the operator of fast fashion chain Forever 21, to step into the retailer's locations across the U.S. Facing regulatory hurdles to an IPO in the U.S., Shein had been pursuing a listing in London and subsequently in Hong Kong. It went public in Hong Kong in September 2026.

Insights

Did You Know?

In 2022, Shein opened its first U.S. distribution center in Whitestown, Indiana and its first Canadian one in the greater Toronto area.

Wealth Growth

Net Worth Growth Over Time

Tracking Xu Sky's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $7.3B ()

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