⬅ # 699 Carlo Fidani|# 701 Barry Diller ➡

# 700 Lai Meisong 

$4.78B

Real Time Net Worth
as of 11/18/2024
$50.3M (1.05%)

# 700 Lai Meisong 

$4.78B

Real Time Net Worth
as of 11/18/2024
$50.3M (1.05%)
OccupationFounder and Chair, ZTO Express
Source of WealthPackage Delivery
Age53
ResidenceShanghai, China
Marital StatusMarried
Age-Adjusted Net Worth$7.67B
Lai Meisong
Lai Meisong
China
Net worth: $4.78B

Self-Made Score 

Breitling Superocean Heritage II Automatic Chronometer 44 mm

Wealth History

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Biography

Overview

Lai Meisong is the founder and chairman of ZTO Express, a prominent package delivery firm headquartered in Shanghai.
Prior to launching ZTO in 2002, Lai gained experience in the timber business.
ZTO Express was founded on May 8, 2002, with the vision of becoming a leading express delivery company in China.
In 2016, ZTO Express went public on the New York Stock Exchange, marking a significant milestone in its growth trajectory.
By 2020, ZTO Express achieved dual listing status, trading on both the New York Stock Exchange and in Hong Kong, expanding its global presence and investor base.
Alibaba and its logistics subsidiary Cainiao hold a minority stake in ZTO, cementing strategic partnerships within the e-commerce and logistics sectors.

Company Overview

ZTO Express is a leading express delivery company in China, boasting a 22.9% market share in 2023.
Established in 2002, ZTO quickly became a key player in China's rapidly growing e-commerce market, serving millions of online merchants and consumers.
The company operates under a highly scalable network partner model, facilitating nationwide expansion and providing e-commerce merchants with extensive geographic coverage at minimal cost.
ZTO's network partner model involves overseeing mission-critical line-haul transportation and sorting, while network partners handle first-mile pickup and last-mile delivery services.
Operational efficiency and economies of scale have enabled ZTO to achieve strong operating leverage, driving higher returns on invested capital and equity.
ZTO Express aims to evolve into a world-leading comprehensive logistical services provider, leveraging its extensive network and operational expertise.

Lai Meisong's Wealth is Equivalent to:

3,676,674 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

903,690 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

48,812 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

How long would it take you to become as rich as Lai Meisong?

If you started with $10,000 and invested an additional $500 each month at a 43.43% CAGR, it would take you 5 years to reach Lai Meisong's net worth of $4.78B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 58.67% compared to 23.91% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Lai Meisong is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Lai Meisong, Package Delivery is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

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Edited by: Lee Bailey