Billionaire Profile
Xiao Yongming & family
Global Rank
#767

Image: Unsplash Contributor | Unsplash License | via Unsplash

Xiao Yongming & family

CEO, Fertilizer
CHINA
Real-Time Net Worth
$5.532B
Estimated based on Fertilizer stock value as of April 20, 2026
+1.23% (24h)
Age
61
Source
Fertilizer
Industry
Manufacturing
Citizenship
CHINA

Biography

Xiao Yongming, a self-made billionaire, derives his wealth primarily from his stake in Zangge Mining, a Chinese mining business specializing in potassium chloride used in fertilizer production. Early in his career, he operated a plastics factory in Sichuan province. As of March 2026, his net worth is estimated at $4.9 Billion, placing him among the world's wealthiest individuals. His son, Xiao Yao, serves as the vice chairman and CEO of the company. The company is headquartered in Qinghai province. His wealth reflects his successful career and strategic investments in the fertilizer industry.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Xiao Yongming's early career involved running a plastics factory in Sichuan province. This experience provided him with a foundation in business operations and management.

Rise to Success

Xiao Yongming's wealth primarily stems from his stake in Zangge Mining, a Chinese mining business whose products include potassium chloride, a key component in fertilizer. He moved possession of his fertilizer company, Zangge Potash, to Shenzhen-listed Jinguyuan Holding in a $1.3 billion all-stock deal in July 2016. In 2025, his other son, Xiao Ning, stepped down as chairman of the company.

Key Business Strategies

The success of Xiao Yongming and his family can be attributed to strategic investments in the fertilizer sector. Zangge Mining is headquartered in Qinghai province. His son, Xiao Yao, serves as the company's vice chairman and CEO, indicating a family-based approach to business leadership.

Philanthropy

No specific philanthropy information was found via the search results.

Career Milestones

Unknown

Ran a plastics factory

Xiao Yongming ran a plastics factory in Sichuan province, providing early experience in business operations.

2016

Moved possession of Zangge Potash

He moved possession of his plant food company, Zangge Potash, to Shenzhen-listed Jinguyuan Holding.

Philanthropy & Social Impact

Unknown

Unknown

Undisclosed

No specific philanthropy information was found.

Business Philosophy & Leadership

Notable Quotes

"No notable quotes were found."

Leadership Principles

No leadership principles were found.

No leadership principles were found.

Controversies & Challenges

No controversies were found

No controversies were found

No controversies were found