Billionaire Profile
L
Global Rank
#708

Image: New York Entomological Society | Public domain | via Wikimedia Commons

Lin Lairong & family

CEO, Iron ore mining
CHINA
Real-Time Net Worth
$5.924B
Estimated based on Iron ore mining stock value as of April 20, 2026
-1.82% (24h)
Age
57
Source
Iron ore mining
Industry
Metals & Mining
Citizenship
CHINA

Biography

Lin Lairong, at 57 years old, is a Chinese billionaire whose primary wealth source is iron ore mining. With an estimated net worth of $4.8 billion as of March 23, 2026, he ranks among the world's wealthiest individuals. Lin's career began in the iron ore mining industry, where he built his fortune. His success highlights the significance of the metals-mining sector in China and his family's influence in the industry. Lin's business acumen has allowed him to achieve a high ranking on the Forbes Billionaires list.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life and Career

Information regarding Lin Lairong's early life is limited. However, it's known that he is 57 years old and a Chinese citizen. His career is rooted in the iron ore mining industry, which serves as his primary source of wealth. Lin's focus on this sector has been central to his business ventures.

Rise to Success

Lin Lairong's wealth mainly comes from his stake in Inner Mongolia Dazhong Mining, an iron ore mining business. The company went public on the Shenzhen Stock Exchange in 2021. This strategic move enhanced his financial standing and solidified his presence in the market. The company is headquartered in Baotou, Inner Mongolia.

Key Business Strategies

Lin's success is tied to his strategic investments and management of Inner Mongolia Dazhong Mining. While details about specific business strategies are not widely available, his ability to take the company public and grow his net worth indicates a strong business acumen. Lin's focus on the metals-mining industry has positioned him well in the Chinese market.

Philanthropy

Information about Lin Lairong's philanthropic activities is not readily available.

Career Milestones

2021

Inner Mongolia Dazhong Mining IPO

The company went public on the Shenzhen Stock Exchange, significantly increasing Lin Lairong's wealth.