LeaderPortfolio
family
Lai Guogui & family
Rank #2668
CHINAManufacturingmachinery

Lai Guogui & family

Net Worth
$1.451B
-7.93% (24h)
Lai Guogui, at 62 years old, chairs Zhejiang CFMOTO Power, a leading machinery supplier, primarily known for transportation vehicles like motorcycles and all-terrain vehicles. Lai founded CFMOTO in 1989 in Hangzhou, China, and has built a significant fortune through the machinery manufacturing industry. His net worth is estimated at $1.6 Billion as of 2024, according to Forbes. His career has been marked by the successful growth and expansion of CFMOTO, establishing it as a key player in the powersports market.

How to read Lai Guogui & family's profile

Public net-worth figures are estimates. They combine observable inputs—typically listed equity, disclosed transactions, and market prices—with editorial judgment where filings are incomplete (for example, private holdings, debt, or cross-holdings). For Lai Guogui & family, we anchor the narrative to Machinery and machinery, then update the headline number as markets move. The chart on this page is meant to show trajectory, not a certified balance sheet.

When you see $1.451B alongside global rank #2668, interpret it as our best synthesis of widely cited ownership and price signals—not a claim about cash on hand. Estimates can diverge from other publishers because of different treatment of options, trusts, charitable vehicles, or illiquid assets. We document the general approach in methodology and welcome corrections via corrections.

Country (CHINA) and career milestones on this page are curated for reader context; they should be verified against primary sources when used for research. Editorial metadata for this profile is refreshed on a rolling basis, with deeper audits at least annually (last noted cycle: 2026).

Looking for depth? When available, the dossier and timeline sections below add long-form context beyond the headline number—prioritize those modules when evaluating claims about strategy, controversies, or philanthropic commitments.

The Full Dossier

Early Life

Lai Guogui was born in 1964. Little is known about his early life, but he founded CFMOTO in 1989. The company is based in Hangzhou, China.

Rise to Success

Lai Guogui's rise to success is primarily attributed to his leadership of CFMOTO. He established the company in 1989, starting with motorcycle production. Over the years, he expanded the business into all-terrain vehicles (ATVs) and other transportation vehicles, establishing a strong presence in the domestic and international markets. CFMOTO has become a well-known brand, and under his leadership, it has achieved notable growth and market share. Lai's down-to-earth demeanor has helped him grow the business.

Key Business Strategies

Key business strategies include focusing on innovation and development. He has worked to establish CFMOTO as a premium global powersports brand. He has also focused on product quality. CFMOTO has increased 4-wheel sales since 2004. He has also focused on establishing a proper sales network.

Philanthropy

Unfortunately, information regarding Lai Guogui's philanthropy initiatives or amounts is not available.

Career Timeline

1989

Founded CFMOTO

Established motorcycle and ATV manufacturing business.

Key Business Ventures & Holdings

CompanyStakeValue
Zhejiang CFMOTO Power

Net Worth History

In-Depth Analysis

Early Life

Lai Guogui was born in 1964. Little is known about his early life, but he founded CFMOTO in 1989. The company is based in Hangzhou, China.

Rise to Success

Lai Guogui's rise to success is primarily attributed to his leadership of CFMOTO. He established the company in 1989, starting with motorcycle production. Over the years, he expanded the business into all-terrain vehicles (ATVs) and other transportation vehicles, establishing a strong presence in the domestic and international markets. CFMOTO has become a well-known brand, and under his leadership, it has achieved notable growth and market share. Lai's down-to-earth demeanor has helped him grow the business.

Key Business Strategies

Key business strategies include focusing on innovation and development. He has worked to establish CFMOTO as a premium global powersports brand. He has also focused on product quality. CFMOTO has increased 4-wheel sales since 2004. He has also focused on establishing a proper sales network.

Philanthropy

Unfortunately, information regarding Lai Guogui's philanthropy initiatives or amounts is not available.

Data Sources & Methodology

Figures for Lai Guogui & family are synthesized from the sources below and cross-checked against our net worth methodology. Estimates may lag market moves; see corrections to report discrepancies.