Basic Information About Wang Yong
| Category | Business › CEOs |
|---|---|
| Professions | Politician |
| Net worth | $1,000,000,000 |
| Date of birth | 2023-06-04 (1 years old) |
| Place of birth | Gaizhou |
| Nationality | China |
| Gender | Male |
| Social Media | ↗︎ Wikipedia |
Wang Yong Net Worth
$1,000,000,000
With a net worth of $1 billion, Wang Yong has made a name for himself as a Chinese entrepreneur and the founder and chairman of Shandong-based Xiwang Group. His success in the food sweeteners industry, driven by China’s growing sweet tooth, has cemented his status as a famous billionaire.
Key facts:
- Wang Yong is the founder and chairman of Shandong-based Xiwang Group, Asia's largest manufacturer of food sweeteners.
- Under Wang Yong's leadership, Xiwang Group has seen significant growth and expansion in its production capacity of starch sugar, reaching one million tons per year in 2012.
- Xiwang Group, established in 1986, specializes in manufacturing and processing agricultural products such as cornstarch, glucose, corn oil, and feed.
- Aside from foodstuffs, Xiwang Group also has interests in real estate and steel.
- Currently, Xiwang Group employs around 14,000 people and consists of one joint venture and nine chief subsidiaries, including Xiwang Sugar Holding, Xiwang Foodstuffs, and Xiwang Special Steel.
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