What is Xu Wanmao's net worth in 2026?

As of 2026, Xu Wanmao's estimated net worth is $1.323 billion, ranking #2897 among the world's billionaires. The estimate is based on publicly available shareholding data and market prices, updated daily.

How did Xu Wanmao make their money?

Xu Wanmao's wealth primarily comes from Education, most notably through Education.

Billionaire Profile

Global Rank

#2897

Xu Wanmao

CEO, Education

REAL city - Ningbo, China

Real-Time Net Worth

$1.32B

Estimated based on Education stock value as of September 10, 2026

0% (24h)

Age

Source

Education

Industry

Service

Citizenship

China

Biography

Xu Wanmao, at the age of 81, is a prominent figure in China's education and service sector. With a wealth source rooted in education, he has built a significant net worth through strategic investments and leadership in the education industry. Xu is the chairman of Huamao Group, a major service industry business based in Ningbo, China, which is one of the largest in the city. His career reflects a journey from early ventures to a successful business, with a focus on education and related services. Xu's career has been marked by his dedication to the field of education. He has been recognized for his contributions to the industry.

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Data Updated

Sep 10, 2026

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Wealth Over Time

Net Worth History

Year	Net Worth	Global Rank	Source
2026	$1.32B	#2897	Forbes Real-Time
2025	$1.20B	—	Forbes List
2024	$1.30B	—	Historical Record

Portfolio Holdings

China Education Group Holdings Limited

0839.HK•Education Services

Market Cap

$1.02B

Stock Price

$0.37

Hong Kong

19,570 employees

Founded 1989

In-Depth Profile

Early Life

Information regarding Xu Wanmao's early life is limited. However, his career trajectory and the establishment of Huamao Group indicate an early interest in education and business.

Rise to Success

Xu Wanmao's rise to success is tied to his leadership of the Huamao Group. Huamao Group is headquartered in Ningbo, China, one of the largest service industry businesses in the city. The group's investments include the Bank of Ningbo. The core of his success lies in his ability to navigate the complexities of the education and service industries. His company, China Education Group Holdings Limited (0839.HK), is a leading global vocational education group. The Group operates in China, Australia, and the United Kingdom.

Key Business Strategies

Xu Wanmao's business strategies have focused on education, real estate, and investment. The Huamao Group's diversified portfolio, including investments in the Bank of Ningbo, suggests a keen understanding of market trends and opportunities. His ventures into education and related services demonstrate a strategic approach to wealth creation and industry influence.

Philanthropy

Specific details about Xu Wanmao's philanthropic endeavors are limited based on the available information. Further research may reveal more about his contributions to charitable causes and the extent of his philanthropic activities.

Career Milestones

1971

Started in School Products

Began career in the school product industry.

1978

Took over Business

Took over the family business.

2003

Forbes China Richest

Appeared on the Forbes China Richest list.

Philanthropy & Social Impact

Information not available

Business Philosophy & Leadership

Notable Quotes

"Information not available"

Leadership Principles

Information not available

Controversies & Challenges

Information not available

Billionaires Connected to Xu Wanmao

Peers in Service

Torstein Hagen#135 · $20.1B
Wang Wei#192 · $15.5B
Micky Arison#308 · $11.5B
Tamara Gustavson#427 · $8.97B
Robert Rowling#436 · $8.80B
Karen Pritzker#496 · $8.02B

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Richest in China

Zhang Yiming#26 · $84.0B
Zhong Shanshan#32 · $59.8B
Ma Huateng#41 · $46.8B
Liang Wenfeng#52 · $39.9B
William Ding#55 · $39.3B

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Adjacent Global Ranks

Benjamin Zhengmin Pan & family#2894 · $1.32B
Burhan Karim#2895 · $1.32B
Réal Plourde#2898 · $1.32B
Pan Laican#2899 · $1.32B

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Frequently Asked Questions

What is Xu Wanmao's net worth in 2026?: As of 2026, Xu Wanmao's estimated net worth is $1.323 billion, ranking #2897 among the world's billionaires. The estimate is based on publicly available shareholding data and market prices, updated daily.
How did Xu Wanmao make their money?: Xu Wanmao's wealth primarily comes from Education, most notably through Education.
Where is Xu Wanmao from?: Xu Wanmao is from China.
How old is Xu Wanmao?: Xu Wanmao is 81 years old.

Sources & References

Xu Wanmao — Forbes profile — Forbes