Xiang Wenbo’s profile picture

Xiang Wenbo

Xiang Wenbo’s profile picture
Net worth 2018: $1 Billion
Industry: Manufacturing
Country: China
Children: 1
Education: Master of Science, Dalian University of Technology
BIOGRAPHY

Xiang Wenbo was born in China. Xiang Wenbo is frequently the public voice among the quartet of billionaires who run equipment manufacturer Sany Group. Like the others--Liang Wengen, Mao Zhongqu and Tang Xiuguo--his wealth is down from a year ago amid a drop in the share prices of domestically traded flagship Sany Heavy Industry and Hong Kong-listed mining equipment maker Sany Heavy Equipment International. Sany suffered a setback in September when the U.S. rejected a Sany-backed application to build a wind farm next to a U.S. military base in Oregon. The U.S. bad press contrasts with Sany's successful teaming up with CITIC Private Equity Advisors of China to purchase Putzmeister of Germany, one of the world's largest concrete pump manufacturers, in a deal worth $475 million earlier last year. Sany in December moved its headquarters from Changsha to Beijing in a step to facilitate its international growth. Xiang, who is frequently the public voice of Sany, is a graduate of Dalian University of Technology with a master's degree in molding.

NET WORTH STATISTIC
2011

$1.1 Billion

2012

$1.1 Billion

2013

$1 Billion

2018

$1 Billion

(3.7/172 votes)
Related Person
Rainer Blickle’s profile picture
Rainer Blickle
Net Worth is $4.32 Billion
Archie Aldis Emmerson’s profile picture
Archie Aldis Emmerson
Net Worth is $4.19 Billion
Antti Herlin’s profile picture
Antti Herlin
Net Worth is $4.15 Billion
Michael Pieper’s profile picture
Michael Pieper
Net Worth is $4.09 Billion
Li Gaiteng’s profile picture
Li Gaiteng
Net Worth is $3.86 Billion
Patricia Matte’s profile picture
Patricia Matte
Net Worth is $3.8 Billion