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Billionaire Profile
Xiang Guangming & family
Global Rank
#2673

Xiang Guangming & family

CEO, Waste disposal
REAL city
Real-Time Net Worth
$1.50B
Estimated based on Waste disposal stock value as of September 10, 2026
-0.59% (24h)
Age
62
Source
Waste disposal
Industry
Manufacturing
Citizenship
China

Biography

Xiang Guangming, chair of Shanghai-listed Zhejiang Weiming Environment Protection, and his family are key players in China's waste disposal and environmental services sector. His wealth stems from his leadership in Weiming, a company primarily focused on solid waste incineration. As of March 2026, his estimated net worth is approximately $1.9 Billion. Xiang's career has been dedicated to the development and operation of environmental protection infrastructure, contributing to sustainable practices and resource efficiency. His wife, Wang Suqin, also holds shares in the company.

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Data Updated
Sep 10, 2026
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Wealth Over Time

Net Worth History

YearNet Worth
2026$1.50B
2025$2.50B

Portfolio Holdings

Zhejiang Weiming Environment Protection

Zhejiang Weiming Environment Protection

manufacturing
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In-Depth Profile

Xiang Guangming and his family have established a significant presence in China's waste disposal and environmental services sector through their leadership of Zhejiang Weiming Environment Protection. The company, which is listed in Shanghai, specializes in solid waste incineration disposal, forming the bedrock of the family's wealth. Xiang Guangming serves as the chairman, guiding the company's strategic direction and operational expansion within the critical field of environmental protection infrastructure. His career has been consistently dedicated to developing and implementing solutions for sustainable waste management, contributing to resource efficiency and cleaner environmental practices.

The core of Zhejiang Weiming Environment Protection's business model lies in solid waste incineration. This process involves the controlled burning of municipal and industrial waste at high temperatures, significantly reducing its volume and generating energy in the process. The company operates within both the urban environmental services and renewable energy sectors, playing a dual role in addressing waste management challenges and contributing to power generation. Through these operations, Weiming Environment Protection aims to reduce the overall environmental impact of waste, moving towards more sustainable practices that align with broader national environmental goals.

Xiang Guangming's ownership stake, along with that of his wife, Wang Suqin, directly translates into the family's substantial wealth. As key shareholders in a publicly traded company specializing in essential environmental services, their financial standing is intrinsically linked to the company's performance and growth. Weiming Environment Protection's focus on comprehensive environmental services has facilitated an expansion of its business operations, including ventures into renewable energy generation, further solidifying its position in the market and enhancing shareholder value.

Xiang Guangming's career progression reflects a sustained commitment to the environmental sector. He leads Zhejiang Weiming Environment Protection, a company at the forefront of solid waste incineration disposal in China. His educational background includes a university degree, providing a foundation for his leadership in a technically complex industry. Under his guidance, the company has concentrated on providing integrated environmental services, which encompass various stages of waste management from collection to final disposal and energy recovery. This strategic focus on a critical public service has enabled the company to grow and for the family's wealth to accumulate through their direct involvement and ownership.

Career Milestones

YEAR

Chairman of Zhejiang Weiming Environment Protection

Xiang Guangming leads Zhejiang Weiming Environment Protection, a company specializing in solid waste incineration disposal.

Philanthropy & Social Impact

Category

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$XB

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Business Philosophy & Leadership

Notable Quotes

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Leadership Principles

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Controversies & Challenges

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Billionaires Connected to Xiang Guangming & family

Peers in Manufacturing

All Manufacturing billionaires

Richest in China

All billionaires from China

Adjacent Global Ranks

Full global ranking

Frequently Asked Questions

What is Xiang Guangming & family's net worth in 2026?
As of 2026, Xiang Guangming & family's estimated net worth is $1.495 billion, ranking #2673 among the world's billionaires. The estimate is based on publicly available shareholding data and market prices, updated daily.
How did Xiang Guangming & family make their money?
Xiang Guangming & family's wealth primarily comes from Waste disposal, most notably through Waste disposal.
Where is Xiang Guangming & family from?
Xiang Guangming & family is from China.
How old is Xiang Guangming & family?
Xiang Guangming & family is 62 years old.

Sources & References

Citations for this profile have not been published yet. Net worth figures here are estimates and should not be treated as verified. See our methodology for how these estimates are produced, or report a correction.