Billionaire Profile
W
Global Rank
#188

Image: Wang, Yangming, 1472-1529 Henke, Frederick Goodrich, b. 1876 | Public domain | via Wikimedia Commons

Wang Liping & family

CEO, Hydraulic machinery
CHINA
Real-Time Net Worth
$14.601B
Estimated based on Hydraulic machinery stock value as of March 6, 2026
+2.71% (24h)
Age
59
Source
Hydraulic machinery
Industry
Manufacturing
Citizenship
CHINA

Biography

Wang Liping, a 59-year-old Chinese billionaire, and his family have built a fortune primarily through their work in hydraulic machinery manufacturing. As the chairman of Jiangsu Hengli Hydraulic Co., Ltd., Wang founded the company in 1990, and has overseen its growth into a global leader in the industry. With a net worth of $14.6 billion, Wang Liping has been recognized for his strategic leadership and significant contributions to the manufacturing sector, showcasing innovation and a commitment to quality.

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

Wealth Over Time

In-Depth Profile

Early Life and Career

Wang Liping was born in China and founded Jiangsu Hengli Hydraulic Co. Ltd. in 1990. The company initially focused on producing hydraulic components and systems.

Rise to Success

Under Wang's leadership, Hengli Hydraulic has grown significantly, expanding its product line and global presence. The company now operates in over 20 countries with multiple research and development centers. Jiangsu Hengli Hydraulic Co. Ltd. has over 7000 employees worldwide and partnerships with over 2000 entities across various industries. The company's products are widely applied in engineering vehicles, port vessels, energy mining, tunnel machinery, and industrial manufacturing industries.

Key Business Strategies

Wang's strategic vision has driven Hengli Hydraulic to become a leading manufacturer of hydraulic components and systems. The company's success is attributed to its focus on innovation, quality, and expansion. Hengli's clientele includes prominent clients such as Caterpillar, Hitachi Construction Machinery, and Sany Heavy Industry.

Philanthropy

Information regarding Wang Liping's specific philanthropy amounts is not readily available in the search results. However, the Wang family shares a vision of giving back to society and supporting initiatives that promote education, healthcare, and sustainable development.

Career Milestones

1990

Founded Jiangsu Hengli Hydraulic Co. Ltd.

Established a company focused on hydraulic components and systems.

2016

Chairman and CEO of Jiangsu Hengli Hydraulic Co.

Overseeing the company's growth and innovation in the hydraulics industry.

Philanthropy & Social Impact

Social Causes

Education, Healthcare, and Sustainable Development

Undisclosed

Supports initiatives that promote education, healthcare, and sustainable development.