Billionaire Profile
Wang Miaotong
Global Rank
#1828

Image: Unsplash Contributor | Unsplash License | via Unsplash

Wang Miaotong

CEO, Auto parts
CHINA
Real-Time Net Worth
$2.254B
Estimated based on Auto parts stock value as of March 6, 2026
+0.65% (24h)
Age
68
Source
Auto parts
Industry
Automotive
Citizenship
CHINA

Biography

Wang Miaotong, born in 1957, is a Chinese billionaire and entrepreneur, primarily known for his success in the auto parts industry. As the chairman of Zhejiang Century Huatong Group, he transformed a small auto parts factory into a major player in the automotive sector, later diversifying into the mobile gaming business. Wang's career highlights his strategic business acumen and ability to adapt to market changes. With a net worth of $2.5 billion as of early February 2026, Wang Miaotong exemplifies the entrepreneurial spirit of China's business landscape.

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

Wealth Over Time

In-Depth Profile

Early Life

Wang Miaotong was born in 1957 in Shaoxing, Zhejiang, China. He started his entrepreneurial journey by investing 50,000 yuan to establish an auto parts factory.

Rise to Success

Through years of dedicated work, Wang Miaotong grew his initial small factory into a publicly listed company, Zhejiang Century Huatong Group. The company's success is rooted in its expertise in manufacturing auto parts, supplying to major automotive companies.

Key Business Strategies

A key strategy has been the expansion into the mobile gaming industry. This diversification helped increase the value of the company. Wang Miaotong has also strategically reduced his stake in Century Huatong, as evidenced by transactions with Wang Ji and Tencent in March 2021.

Philanthropy

In 2015, Wang was recognized as China's most generous billionaire. He donated 101 million yuan (approximately $15 million USD) to charity.

Career Milestones

1996

Started Auto Parts Business

Founded an auto parts factory, which grew into Zhejiang Century Huatong Group.

2015

Top Philanthropist in China

Awarded as China's most generous billionaire by giving 101 million yuan to charity.

2019-2020

Forbes Billionaires List

Wang Miaotong and his family appeared on the Forbes Global Billionaires List in 2019 and 2020.

Philanthropy & Social Impact

General

Charitable Donations

$15M

Donated 101 million yuan in 2015 to charity

Business Philosophy & Leadership

Notable Quotes

"No notable quotes found."

Leadership Principles

Strategic Diversification

Expanding into mobile gaming to increase company value.

Adaptability

Adapting to market changes through acquisitions and strategic business decisions.

Controversies & Challenges

Unknown

Shareholding Changes

In March 2021, Wang Miaotong reduced his holdings in Century Huatong, selling shares to Wang Ji and Linzhi Tencent.