Billionaire Profile
Wang Liping & family
Global Rank
#179

Image: Public domain | via Wikimedia Commons

Wang Liping & family

CEO, Jiangsu Hengli Hydraulic
CN
Real-Time Net Worth
$14.7B
As of December 2025
Age
59
Source
Hydraulic machinery
Industry
manufacturing
Citizenship
CN

Biography

Wang Liping, aged 59, is the chairman of Jiangsu Hengli Hydraulic. His source of wealth stems from hydraulic machinery manufacturing. He founded the company in 1990. Forbes lists Wang Liping & family at #31 on the 2025 China's 100 Richest list, with a net worth of $14.7 Billion as of December 4, 2025. His career has seen him lead Hengli Hydraulic to become a major player in its industry, supplying to clients such as Caterpillar and Sany Heavy Industry. Wang Liping’s drive for excellence and adaptability has been key to his success, transforming the company into a leader in China's rapidly evolving healthcare sector.

Wealth Over Time

In-Depth Profile

Early Life

Wang Liping was born in China during a period of economic and social transformation. His early life was marked by hard work and a keen interest in business and entrepreneurship. Wang's education and early career laid the foundation for his eventual success as a leader in the healthcare and retail industries.

Rise to Success

In 1990, Wang founded Jiangsu Hengli Hydraulic, which manufactures hydraulic machinery. Under Wang's leadership, Hengli grew rapidly, expanding its presence across multiple provinces and cities in China. The company's success can be attributed to its innovative business model, which combines traditional services with modern practices.

Key Business Strategies

Wang's strategic vision has been central to Hengli's growth. His focus on technology and digital transformation has been instrumental, integrating advancements to enhance efficiency and customer service. Wang Liping has received numerous awards and honors for his entrepreneurial achievements and dedication to improving healthcare access in China. Wang Liping’s focus on community engagement and social responsibility is notable.

Philanthropy

Wang Liping and his family share a vision of giving back to society and supporting initiatives that promote education, healthcare, and sustainable development.

Career Milestones

1990

Founded Jiangsu Hengli Hydraulic

Wang Liping founded Jiangsu Hengli Hydraulic, which manufactures hydraulic machinery.

Philanthropy & Social Impact

Philanthropy

Supporting Education, Healthcare, and Sustainable Development

$XB

Wang Liping and his family are involved in initiatives supporting education, healthcare, and sustainable development.

Business Philosophy & Leadership

Leadership Principles

Community Engagement and Social Responsibility

Yifeng Pharmacy is known for its customer-centric approach, offering health consultations, free medical checkups, and educational programs to promote health awareness. This commitment to serving the community has helped the company build trust and loyalty among its customers.