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Shen Nanpeng ranks first in Forbes China's Best Venture Capital for the seventh consecutive year

Asia Business News
Last updated: July 19, 2025 11:59 pm
By Asia Business News
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Hong Shan’s founding partner Shen Nanpeng has been listed on Forbes China’s Best Venture Capital List for consecutive years … [+] Seventh year. Photographer: Lam Yik/Bloomberg

© 2023 Bloomberg Finance

On Tuesday, the Chinese version of “Forbes” released its annual list of China’s best venture capitalists. Shen Nanpeng, a founding partner of Sequoia Capital (formerly Sequoia Capital China), topped the list.

This list of 100 people is modeled after the “Midas List” of successful American venture capitalists published annually by Forbes magazine. Forbes China said it considered returns from portfolio companies that were listed or acquired within the past five years, or that raised new funding at a valuation of more than $1 billion.

Mr. Shen, who ranked No. 1 for the seventh consecutive year, has successfully invested in Chinese internet companies, including TikTok parent company ByteDance, online clothing retailer Shein and Temu operator Pinduoduo. Today, the co-founder of China’s online travel leader Ctrip is worth $3.7 billion on Forbes’ real-time billionaire list.

The top three in the new Forbes China Venture Capital List are Liu Qiangdong, founding partner of Wuyuan Capital, and Li Zekai, president of Legend Capital.

Click here to view Forbes China’s Chinese coverage.

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TAGGED:CapitalChina39sconsecutiveForbesNanpengranksseventhShenventureyear
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Asia Business News (ISSN: 3079-8531) is a leading international business publication dedicated to delivering in-depth analysis, expert insights, and comprehensive coverage of economic trends, corporate developments, and market dynamics across the Asia-Pacific region and beyond. With a commitment to journalistic integrity and analytical rigor, Asia Business News serves as a trusted source of information for business leaders, policymakers, and investors seeking authoritative perspectives on global commerce, finance, and industry advancements.

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