Billionaire Profile
Tang Xiuguo
Global Rank
#2399

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Tang Xiuguo

CEO, Manufacturing
CHINA
Real-Time Net Worth
$1.594B
Estimated based on Manufacturing stock value as of March 6, 2026
+0.13% (24h)
Age
62
Source
Manufacturing
Industry
Manufacturing
Citizenship
CHINA

Biography

Tang Xiuguo, a prominent figure in China's manufacturing sector, is a co-founder of Sany Group, one of the largest construction equipment suppliers globally. Born in 1962, Tang has dedicated his career to Sany Group, serving as its director and president since 2002. His leadership has been instrumental in the company's growth and its evolution into a global player. Tang holds a bachelor's degree in metallic materials from Central South University. In May 2023, Tang Xiuguo and Xiang Wenbo began a rotating chair system, taking turns as chairman of Sany Group, with Tang serving from May 16, 2025, to May 15, 2026. Tang Xiuguo's estimated net worth is $1.5 billion as of February 2, 2026.

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

Wealth Over Time

In-Depth Profile

Early Life

Tang Xiuguo was born in 1962 and is one of the four founders of Sany Group. Tang's early life included studying metallic materials at Central South University, where he earned a bachelor's degree in 1983.

Rise to Success

Tang Xiuguo, along with Liang Wengen, Mao Zhongwu, and Yuan Jinhua, founded Lianyuan Welding Material Ltd. in 1986, which later became Sany Group. Tang's career has been intertwined with Sany Group since its inception. He served as the general administration manager from 1997 to 2002, deputy general manager and director of Sany Heavy Industry from 1992 to 1997, and the director and president of Sany Group since 2002. This long tenure showcases Tang's commitment and pivotal role in shaping Sany's trajectory.

Key Business Strategies

Tang has been a key figure in Sany Group's strategic decisions, especially in expanding operations to global markets. Tang Xiuguo is involved in strategic decisions, including transitioning from a welding material factory to developing construction machinery, particularly concrete pumps. Sany Group's focus on innovation led to the launch of over 40 electric products in 2024. The company has also increased its exploration in product digitalization, electrification, and internationalization. The company's international revenue reached $6.78 billion in 2024, a 12.15% increase from 2023.

Philanthropy

Specific details of Tang Xiuguo's philanthropy were not found in the search results.

Career Milestones

1983

Education

Graduated from Central South University with a bachelor's degree.

1986

Co-founded Sany Group

Co-founded the Hunan Lianyuan Welding Material Factory, which later became Sany Group.

1991

Company Renamed

The company was renamed Sany Group Co., Ltd., and its headquarters were moved to Changsha.

2002

Director and President

Appointed as the director and president of Sany Group.

2014

Non-executive Director

Appointed as a non-executive Director of Sany Heavy Equipment International Holdings Company Limited.

2023

Rotating Chairman

Began taking turns as chairman of Sany Group.

2025

Chairman

Served as chairman from May 16, 2025 to May 15, 2026.