Billionaire Profile
Wang Linpeng
Global Rank
#2596

Image: Unsplash Contributor | Unsplash License | via Unsplash

Wang Linpeng

CEO, Furniture retailing
CHINA
Real-Time Net Worth
$1.423B
Estimated based on Furniture retailing stock value as of March 6, 2026
+0.29% (24h)
Age
57
Source
Furniture retailing
Industry
Construction & Engineering
Citizenship
CHINA

Biography

Wang Linpeng was a prominent Chinese entrepreneur and the Chairman of Easyhome New Retail Group, a leading home furnishings retailer. He was the former richest man in Hubei province, known for his strategic leadership in expanding Easyhome. In 2025, Wang's net worth was estimated at $1.7 billion. Wang's career was marked by significant achievements, including the growth of Easyhome into a nationwide chain. Tragically, Wang passed away in July 2025 at the age of 57.

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

Wealth Over Time

In-Depth Profile

Early Life

Wang Linpeng was born in Luotian County, Huanggang City, Hubei Province in 1968.

Rise to Success

Wang Linpeng's career was significantly tied to the home furnishings industry. He served as the Chairman and CEO of Easyhome New Retail Group, which he helped transform into a leading home furnishings retailer in China. In 1998, Wang was sent to Beijing by the state-owned firm he worked for to rebuild and lead Easyhome after its sole mall was destroyed by fire. Under his leadership, the company grew exponentially and by 2015 it had become a nationwide chain with annual revenue of over CNY10 billion (USD1.4 billion). Wang was known as the "godfather of home furnishing retail" in China. He was also the former richest man in Hubei province. In 2015, Wang became Easyhome's actual controller by buying stock from a number of major individual shareholders.

Key Business Strategies

Wang Linpeng focused on expanding Easyhome. In 2018, Easyhome operated or franchised some 400 home furnishing and building supply superstores in China. Easyhome received investment from Alibaba in 2018. Wang was also focused on international expansion. In February 2025, he announced Easyhome Smart Home's aim to build a global service network, starting with a branch in Singapore, followed by branches in the United States, Europe, Central Asia, and the Middle East.

Philanthropy

Information on Wang Linpeng's specific philanthropic initiatives and amounts are unavailable in the current search results.

Death

Tragically, Wang Linpeng died by suicide at the age of 57 on July 27, 2025. Wang's death occurred shortly after his release from detention related to an investigation. He was detained in April 2025.

Career Milestones

1998

Led Easyhome Rebuilding

Wang was sent to Beijing to rebuild and lead Easyhome after its sole mall was destroyed by fire.

2015

Became Easyhome's Actual Controller

Wang purchased stock from major individual shareholders, becoming Easyhome's actual controller.

2025

Death

Wang passed away on July 27, 2025.

Controversies & Challenges

2025

Detention and Death

Wang was detained by authorities in April 2025 and died by suicide on July 27, 2025, after being released from detention.

2019

Backdoor IPO Concerns

Easyhome went public through a backdoor listing, which sparked questions.