Biography
Wang Liping & family is among the world's most closely watched billionaires from CHINA, with an estimated fortune of $15.7B. The bulk of Wang Liping & family's wealth comes from Hydraulic machinery, closely tied to Hydraulic machinery. Wang Liping, the chairman of Jiangsu Hengli Hydraulic, and his family have built a significant fortune in the hydraulic machinery industry. With a current net worth of $12.7 billion as of March 23, 2026, Wang Liping's wealth stems from his leadership and founding of the company in 1990. The company is a major manufacturer of hydraulic components, with a global presence and clients including major industrial names. Wang's career includes founding the company and leading its expansion, with the company now having multiple research centers and manufacturing sites across the globe. His success has been recognized through his ranking on the Forbes Billionaires list. However, in March 2026, Wang Liping was detained by the Jiangsu Provincial Supervisory Commission. Key career milestones include Founded Jiangsu Hengli Hydraulic (1990); Chairman of Hengli Hydraulic (2010); Hengli Hydraulic Listed (2011). This profile documents verified holdings, career milestones, and multi-year net worth history drawn from Forbes rankings, company filings where available, and our editorial methodology. Readers use it to understand how public markets, private company stakes, and major business bets shape one of the largest personal fortunes on record. Wealth estimates move with stock prices, funding rounds, and disclosed transactions—figures on this page are research estimates, not cash balances. We publish year-by-year net worth history when verified data exists, link to primary sources, and update profiles when Forbes Real-Time Billionaires or major filings change the picture materially. For investors and researchers, the most useful reading pairs the headline number with ownership structure, geography, sector exposure, and the multi-year history chart on this page—especially during volatile markets when single-day moves can shift rankings without any operational change at the underlying companies.