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Billionaire Profile
Y
Global Rank
#228

Image: Pier, Garrett Chatfield, 1875-1943 | Public domain | via Wikimedia Commons

Yuan Fugen & family

CEO, Metal processing
CHINA
Real-Time Net Worth
$13.372B
Estimated based on Metal processing stock value as of April 20, 2026
-3.04% (24h)
Age
75
Source
Metal processing
Industry
Manufacturing
Citizenship
CHINA

Biography

Yuan Fugen, at 75, is the founder of Suzhou Dongshan Precision Manufacturing, a company specializing in precision metal components. His wealth source is self-made and rooted in metal processing within the manufacturing industry. Yuan's career began with the establishment of Dongshan Precision, which went public in 2010. His net worth is estimated at $7.9 billion as of 2024, placing him among the wealthiest individuals globally. Yuan Fugen's achievements include building a significant manufacturing company in China and transitioning leadership to his sons.

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

Wealth Over Time

In-Depth Profile

Early Life

Yuan Fugen's origins trace back to the establishment of a sheet metal and stamping factory in Dongshan Town, Suzhou, during the 1980s. This early venture laid the groundwork for his future success in the manufacturing sector.

Rise to Success

Yuan Fugen founded Suzhou Dongshan Precision Manufacturing, which specializes in precision metal plates and cast metal components. The company's focus on precision manufacturing allowed it to capitalize on China's rapid industrial growth. A key milestone in his wealth accumulation was the company's IPO on the Shenzhen Stock Exchange in 2010.

Key Business Strategies

Suzhou Dongshan Precision Manufacturing focused on precision engineering, which demands high technical standards and strict quality control. The company's specialization in critical components for various industries, including electronics and automotive, positioned it for significant growth. Yuan's strategic decision to list the company on the Shenzhen Stock Exchange in 2010 provided access to capital markets and enhanced the company's credibility.

Philanthropy

Specific philanthropy amounts are not available in the search results.

Career Milestones

1980s

Founded a Sheet Metal and Stamping Factory

Established the foundation for Suzhou Dongshan Precision Manufacturing in Dongshan Town, Suzhou.

2007

Retired from Day-to-Day Operations

Transitioned leadership to his sons, Yuan Yonggang and Yuan Yongfeng.

2010

Suzhou Dongshan Precision Manufacturing IPO

The company was listed on the Shenzhen Stock Exchange.

Philanthropy & Social Impact

Unknown

Unknown

Undisclosed

Philanthropic activities are not available.

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