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Billionaire Profile
Mao Zhongwu
Global Rank
#2768

Mao Zhongwu

CEO, Manufacturing
Changsha, China
Real-Time Net Worth
$1.42B
Estimated based on Manufacturing stock value as of September 10, 2026
+0.87% (24h)
Age
63
Source
Manufacturing
Industry
Manufacturing
Citizenship
China

Biography

Mao Zhongwu, a prominent figure in the manufacturing sector, is a Chinese billionaire renowned as one of the founders of Sany Group, a leading construction equipment manufacturer. His career, marked by key roles in the company's strategic decisions and global expansion, has solidified his position in the industry. With an estimated net worth of $1.6 billion, Mao's wealth stems from his significant stake in Sany Group, reflecting his long-term involvement and contributions to its success. He remains a key shareholder in Sany Group, benefiting from the success of its listed subsidiaries. Mao's leadership and strategic insight have been instrumental in shaping Sany Group's trajectory, establishing it as a major player in the construction equipment market. He is currently 63 years old and resides in Changsha, China.

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Data Updated
Sep 10, 2026
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Wealth Over Time

Net Worth History

YearNet Worth
2026$1.42B
2025$1.60B
2024$1.60B

Portfolio Holdings

Sany Heavy Industry

Sany Heavy Industry

600031 (SSE)Manufacturing
Market Cap
$26.8B
Revenue
$10.9B
Changsha, Hunan, China
25,363 employees
Founded 1989

In-Depth Profile

Early Life and Background

Mao Zhongwu was born in China and is now 63 years old. He is a Chinese businessman and is known as one of the founders of the Sany Group. Mao's early life and background laid the foundation for his future success.

Rise to Success

Mao Zhongwu's career is closely tied to the Sany Group, one of the world's largest construction equipment manufacturers. His contributions have been vital in shaping the company's strategies and fostering its global growth. He served as a director of Sany Heavy Energy and Sany International, and he stepped back from some executive roles in 2019. Mao remains a major shareholder in the Sany Group, benefiting from the success of its subsidiaries. Mao's work has helped Sany compete with international rivals like Caterpillar and Komatsu.

Key Business Strategies

Key to Sany Group’s success have been strategic business moves and innovations. Mao's strategic decisions were critical to Sany's global expansion. Sany's ability to compete in the market is evidence of his successful leadership. His leadership has ensured the company's ability to grow and innovate in the dynamic construction equipment market.

Philanthropy

Information regarding Mao Zhongwu's specific philanthropic activities is limited. However, as a leader in a major company, it is likely he is involved in philanthropy either directly or through the Sany Group.

Career Milestones

1989

Co-founded Sany Group

Mao Zhongwu, along with partners, founded Sany Group, marking the beginning of his significant role in the construction equipment industry.

2006

Managing Director & General Manager at Sany Heavy Equipment

Mao Zhongwu took on the role of Managing Director & General Manager at Sany Heavy Equipment Co., Ltd. contributing to the company's growth.

2009

Chairman of Sany Heavy Equipment International Holdings Co., Ltd.

Mao Zhongwu was appointed as the chairman of Sany Heavy Equipment International Holdings Co., Ltd., leading the company and overseeing its operations.

2019

Resigned as Director at Sany International

Mao Zhongwu stepped down from his director role at Sany International but retained his significant shareholder stake, continuing to benefit from the Group's success.

Billionaires Connected to Mao Zhongwu

Peers in Manufacturing

All Manufacturing billionaires

Richest in China

All billionaires from China

Adjacent Global Ranks

Full global ranking

Frequently Asked Questions

What is Mao Zhongwu's net worth in 2026?
As of 2026, Mao Zhongwu's estimated net worth is $1.423 billion, ranking #2768 among the world's billionaires. The estimate is based on publicly available shareholding data and market prices, updated daily.
How did Mao Zhongwu make their money?
Mao Zhongwu's wealth primarily comes from Manufacturing, most notably through Manufacturing.
Where is Mao Zhongwu from?
Mao Zhongwu is from China.
How old is Mao Zhongwu?
Mao Zhongwu is 63 years old.

Sources & References

  1. Mao Zhongwu — Forbes profile Forbes