Xiang Wenbo

CEO, Sany Group

Real-Time Net Worth

$1.3B

As of December 2025

Age

Source

Manufacturing

Industry

manufacturing

Citizenship

Biography

Xiang Wenbo, a prominent figure in the global manufacturing landscape, currently serves as the vice chairman of Sany Group, a leading heavy equipment manufacturer. With a net worth of $1.3 billion as of December 4, 2025, Xiang's wealth stems from his significant role in Sany Group. His career has been marked by leadership and innovation, transforming Sany Group into one of the world's largest heavy machinery manufacturers. A graduate of Dalian University of Technology with a master's degree, Xiang's strategic vision and focus on research and development have driven Sany's success, which has expanded to over 150 countries. Xiang has been recognized as a key figure in China's industrial achievements.

Wealth Over Time

Portfolio Holdings

Sany Heavy Industry

600031.SS•manufacturing

Changsha, Hunan, China

More than 100,000 employees

Founded 1989

In-Depth Profile

Early Life and Education

Xiang Wenbo, born in 1962, hails from Hunan, China. He holds a Bachelor of Engineering degree and an MBA. Xiang also holds a Master's degree in molding from Dalian University of Technology.

Rise to Success

Xiang's career is closely tied to Sany Group. He joined Sany Group during its formative years and swiftly rose through the ranks, demonstrating exceptional leadership and a deep understanding of the industry. As vice chairman, he's been a driving force behind the company's strategic initiatives, including global expansion and technological innovation. Under Xiang’s guidance, Sany has invested heavily in research and development to meet the evolving needs of customers worldwide.

Key Business Strategies

Xiang has been instrumental in Sany Group's focus on intelligent manufacturing, integrating technologies such as automation, artificial intelligence, and the Internet of Things (IoT). He has championed sustainability, pushing Sany Group to develop eco-friendly and energy-efficient machinery, aligning the company's operations with global environmental goals.

Philanthropy

While specific philanthropic amounts are not available, Xiang's contributions have helped Sany Group deliver value to the public, exerting its own influence to help those in need.

Career Milestones

1991

Joined Sany Group

Joined Sany Group and became one of the five co-founders.

2009

Director at Sany Heavy Equipment International Holdings Company Ltd

Served as a Director at Sany Heavy Equipment International Holdings Company Ltd. since 2009

2021

Named one of China's Best CEOs by Forbes

Ranked 14th on the list of China's Best CEOs by Forbes

2022

Chairman of Sany Heavy Industry

Succeeded Liang Wengen as chairman of Sany Heavy Industry