Dang Yanbao

Dang Yanbao is among the world's most closely watched billionaires from CHINA, with an estimated fortune of $22.7B. The bulk of Dang Yanbao's wealth comes from Coal, closely tied to Coal. Dang Yanbao is a Chinese billionaire entrepreneur and philanthropist, best known as the founder and chairman of Ningxia Baofeng Energy Group Co., Ltd., a major player in the coal chemical industry. Born in 1973 in Yanchi County, Ningxia Hui Autonomous Region, Dang's journey began with early roles in trading and construction before founding Baofeng Energy in 2005. He earned an MBA from Peking University. Through strategic investments and innovation, his company has become a leading coal chemical producer, with a focus on methanol and olefins, contributing to his estimated net worth of $22.4 billion. Dang is also recognized for his philanthropy, having established the Ningxia Yanbao Charity Foundation with his wife, Bian Haiyan, which focuses on education and poverty alleviation. Key career milestones include Founded Ningxia Baofeng Energy Group (2005); Legal Representative of Ningxia Baofeng Group (2010); Founded Ningxia Yanbao Charity Foundation (2011); Baofeng Energy IPO (2019). This profile documents verified holdings, career milestones, and multi-year net worth history drawn from Forbes rankings, company filings where available, and our editorial methodology. Readers use it to understand how public markets, private company stakes, and major business bets shape one of the largest personal fortunes on record. Wealth estimates move with stock prices, funding rounds, and disclosed transactions—figures on this page are research estimates, not cash balances. We publish year-by-year net worth history when verified data exists, link to primary sources, and update profiles when Forbes Real-Time Billionaires or major filings change the picture materially. For investors and researchers, the most useful reading pairs the headline number with ownership structure, geography, sector exposure, and the multi-year history chart on this page—especially during volatile markets when single-day moves can shift rankings without any operational change at the underlying companies.