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Billionaire Profile
Tang Xiuguo
Global Rank
#2623

Image: Public domain | via Wikimedia Commons

Tang Xiuguo

CEO, Sany Group
CN
Real-Time Net Worth
$1.3B
As of December 2025
Age
62
Source
Manufacturing
Industry
manufacturing
Citizenship
CN

Biography

Tang Xiuguo, a 62-year-old self-made billionaire, is a prominent figure in China's manufacturing sector. As one of the four founders of Sany Group, a leading construction equipment manufacturer, Tang has significantly contributed to the company's growth since 1989. Tang's career has been marked by his leadership as the director and president of Sany Group since 2002, playing a key role in the company's expansion. His net worth is estimated at $1.3 billion as of December 5, 2025, reflecting his success in the industry. Tang holds a Bachelor's degree from Central South University and is known for his strategic vision in integrating technology and innovation within Sany Group.

Wealth Over Time

In-Depth Profile

Early Life

Tang Xiuguo was born in China and holds a Bachelor of Science degree in metallic materials from Central South University, which he obtained in 1983. Tang, along with Liang Wengen, Mao Zhongwu and Yuan Jinhua, founded Lianyuan Welding Material Ltd. in 1986. The company was started with a capital of sixty thousand yuans.

Rise to Success

In 1991, Lianyuan Welding Material Ltd. was renamed Sany Group Co., Ltd.. Since 2002, Tang has served as the director and president of Sany Group. Under his leadership, Sany has grown to become one of China's largest suppliers of construction equipment. Tang was also appointed as the new rotating chairman from November 16, 2023, to May 15, 2024.

Key Business Strategies

Tang's leadership has focused on innovation, particularly in integrating technology into construction machinery. Tang emphasizes high-quality manufacturing and the application of Internet communication technology, sensor technology, big data, and cloud computing to enhance efficiency. Sany has expanded globally, establishing factories and making strategic acquisitions, such as Putzmeister, a German manufacturer of concrete pumps.

Philanthropy

While specific amounts are unavailable, Tang's commitment to his alma mater, Central South University, is notable, reflecting support for education and entrepreneurship.

Career Milestones

1983

Education

Graduated with a Bachelor of Science from Central South University.

1986

Co-founded Sany Group

Co-founded Lianyuan Welding Material Ltd., the precursor to Sany Group.

1991

Company Renamed

Lianyuan Welding Material Ltd. was renamed Sany Group Co., Ltd..

2002

Director and President

Became the Director and President of Sany Group.

2023

Rotating Chairman

Appointed as the new rotating chairman of Sany Group from November 16, 2023, to May 15, 2024.

Philanthropy & Social Impact

Education

Support for Central South University

Undisclosed

Tang Xiuguo has expressed support for Central South University and its students.