
Neil Shen
Born 1967 · Age 58
Chinese billionaire venture capitalist; founding & managing partner of HongShan (formerly Sequoia China). Co‑founder of Ctrip.com and Home Inn; leading early‑stage investor in China.
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Life & Career Timeline
Born in Haining, Zhejiang, China
Born in Haining, Jiaxing, Zhejiang province. Grew up in Shanghai.
Attended Shanghai No. 2 High School (math prodigy)
Grew up in Shanghai and attended Shanghai No.2 High School, where he was noted as a math prodigy.
Graduated Shanghai Jiao Tong University
Received a bachelor's degree in applied mathematics from Shanghai Jiao Tong University.
Graduated Yale School of Management
Earned a master's degree in management from Yale School of Management.
Joined Citibank (U.S.)
After Yale, began working at Citibank in the United States.
Left Citibank and moved to Hong Kong to join Lehman Brothers
Moved to Hong Kong in 1994 to work as an investment banker at Lehman Brothers.
Joined Deutsche Bank as Director, China Capital Markets
Appointed director of China capital markets at Deutsche Bank.
Co‑founded Ctrip.com
Co‑founded online travel company Ctrip.com with James Liang, Min Fan and Qi Ji (June 1999).
Co‑founded Home Inn (joint venture)
Co‑founded economy hotel chain Home Inn as a joint venture between Ctrip and Beijing Tourism Group.
Became President of Ctrip
Took on the role of President of Ctrip (served as president starting August 2003).
Ctrip IPO on NASDAQ
Oversaw Ctrip's initial public offering on the NASDAQ in December 2003.
Led Sequoia China's early investment program (portfolio began)
Under Shen's leadership Sequoia China went on to invest in major Chinese tech companies including Alibaba, ByteDance, Meituan, JD.com, Pinduoduo, Qihoo 360, DJI and Vipshop (portfolio built after founding in 2005).
Co‑founded Sequoia China (later Sequoia China / HongShan)
Co‑founded Sequoia Capital China with Zhang Fan under the guidance of Michael Moritz and Douglas Leone; given full autonomy to run the China arm.
Stepped down as Ctrip President
Ended tenure as Ctrip president in October 2005.
Home Inn IPO on NASDAQ (spun off from Ctrip)
Home Inn, spun off from Ctrip, pursued an IPO on NASDAQ in 2006; reports at the time cited a roughly US$80M offering plan.
Established Hainan mansion and investor hosting
Reported to own a mansion in Hainan used to host and entertain investors (reported by media in mid‑2000s).
Became prominent private investor and board member across portfolio companies
By the 2010s Shen had become a prominent board member/advisor for many portfolio companies (general career milestone across decade).
Profiled in Financial Times 'Lunch with the FT'
Featured in an in‑depth Financial Times profile (August 2015), an indicator of rising public profile and influence.
Ranked No.1 on Forbes Midas List
Ranked first on Forbes' global Midas List of top venture capitalists (2018).
Elected to 13th Chinese People's Political Consultative Conference
Elected as a member of the 13th CPPCC (national political advisory body) in January 2018.
Mentioned as connecting U.S. and China through philanthropic giving
Profiled in Forbes coverage (2017/2019) highlighting philanthropic activity connecting U.S. and China.
Ranked No.1 on Forbes Midas List (again)
Topped Forbes' Midas List for a second consecutive year (2019).
Ranked No.1 on Forbes Midas List (third consecutive year)
Topped Forbes' Midas List in 2020 for the third consecutive year.
Philanthropy & U.S. medical donations
Sequoia Capital China donated medical supplies to U.S. hospitals under Shen's founding partner role (reported April 2020).
Resigned board role at Qihoo 360
Reportedly quit a board role at Qihoo 360 in June 2020 (and related board change noted alongside SoftBank Vision Fund partner).
Douglas Leone retired as Sequoia managing partner (context)
Douglas Leone retired from Sequoia Capital in 2022; Neil Shen was considered a potential successor at the time.
Forbes estimated net worth at US$3.6 billion
Forbes reported Neil Shen's net worth as approximately US$3.6 billion (December 2022).
Ranked No.1 on Forbes Midas List (2023)
Topped Forbes' Midas List again in 2023, reaffirming position among the world's top venture investors.
Transitioned to Founding/Managing Partner of HongShan
Following Sequoia split, Neil Shen became founding & managing partner of HongShan (the independent China entity formerly Sequoia China).
Continued leadership in private markets (managing partner)
Continued as founding & managing partner of the newly independent HongShan, overseeing investments and operations in China.
Public succession speculation at Sequoia Capital
After Leone's retirement, Shen was widely discussed as a potential successor to Sequoia's global leadership; the global role ultimately went to Roelof Botha.
Media profiles and continued recognition
Subject of multiple major media profiles (Wall Street Journal, Financial Times, Nikkei, Forbes, The Information) documenting career and investments through 2023.
Name change: Sequoia China → HongShan (operating independently)
The China entity led by Shen began operating independently under the name HongShan after Sequoia's global restructuring (HongShan is pinyin of Sequoia's Chinese name, meaning 'redwood').
Not re‑elected to CPPCC (left advisory body)
Reportedly no longer a member of the CPPCC as he was not elected for a second term (reported January 2023).
Sequoia Capital split; Sequoia China to operate independently as HongShan
Sequoia announced a split into separate U.S., China and India entities; Sequoia China led by Neil Shen to operate independently as HongShan (June 2023).
Acquired permanent residency in Singapore
Reported to have acquired Singapore permanent residency (reported February 2024).
Led Forbes China list of top VC investors (seventh year)
Forbes reported Neil Shen leading its China list of top venture capital investors for the seventh year (December 11, 2024 article).
Featured in Forbes Midas List coverage (Asia 2025)
Included in Forbes coverage of Asia's top venture capitalists in 2025 (June 2025 coverage cites Asia VCs benefiting from AI wave; Neil Shen remains prominent).
Public recognition as China's most successful early‑stage investor
Widely described in press (e.g., Nikkei, Forbes) as the most successful early‑stage investor in China due to investments in ByteDance, Meituan, Pinduoduo and others.
Key Achievement Ages
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