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Billionaire Profile
Liang Wengen
Global Rank
#313

Image: Unsplash Contributor | Unsplash License | via Unsplash

Liang Wengen

CEO, Construction equipment
CHINA
Real-Time Net Worth
$10.309B
Estimated based on Construction equipment stock value as of March 6, 2026
+0.12% (24h)
Age
69
Source
Construction equipment
Industry
Construction & Engineering
Citizenship
CHINA

Biography

Liang Wengen, born in 1956, is a prominent Chinese entrepreneur and the founder of Sany Group, a leading construction equipment manufacturer. His career began after graduating from Central South University, and he quickly rose through the ranks to become a major figure in China's heavy industry sector. Liang's net worth is estimated at $9.8 billion. His wealth primarily stems from his ownership of Sany Group, which he founded in 1989. His achievements include leading Sany Group to become a global leader in construction machinery, with operations in numerous countries. Liang is known for his dedication to his business and has also been recognized for his contributions to the economic growth of China.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Liang Wengen was born in 1956 in Maotang, Hunan province, China, to a peasant family. He showed a strong work ethic from an early age. He earned a bachelor's degree from Central South University.

Rise to Success

Liang's career began with a state-owned factory before transitioning into the construction-equipment industry. In 1989, he co-founded Sany Group, which started as a welding materials factory. Under Liang's leadership, Sany Group grew into a leading manufacturer of construction machinery with operations in over 100 countries and over 100,000 employees. In 2011, he was the richest man in mainland China with a net worth of about $8 billion.

Key Business Strategies

Liang Wengen focused on infrastructure development, which spurred Sany's success in China. He made the company the first private enterprise to enter the heavy manufacturing industry. Sany Group expanded globally and made several strategic acquisitions, including a majority stake in Putzmeister.

Philanthropy

Liang has been involved in philanthropy, contributing to education and poverty alleviation in China. However, the exact amounts are unavailable.

Career Milestones

1989

Founded Sany Group

Co-founded Sany Group, a heavy industry manufacturer, which later became a global leader in construction machinery.

2011

Richest Man in Mainland China

Became the richest man in mainland China with a net worth of approximately $8 billion.

2023

Retired as Chairman

Retired as the chairman of Sany Group, although he retained a position as director.

Philanthropy & Social Impact

Social Cause

Education and Poverty Alleviation

$XB

Made significant contributions to education and poverty alleviation in China.

Business Philosophy & Leadership

Notable Quotes

"My property, even my life, belongs to the (Chinese Communist) Party"

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