Rank #129
Dang Yanbao
Net worth $21.6B
Coal · China
- Born
- Feb 01, 1973
- Age
- 53
- Source
- Coal
- Residence
- Yinchuan, Ningxia
- Citizenship
- China
- Marital status
- Married
- Children
- 1
- Education
- Master of Business Administration, Peking University
Net worth over time
Biography
- Dang Yanbao is the chairman of Ningxia Baofeng Energy Group, a supplier of coal chemical products.
- He worked in building materials and investment before setting up Baofeng Energy in 2005.
- Another private firm, Baofeng Energy Storage, in 2022 broke ground on China's first energy storage plant covering the full supply chain in the southwestern city of Yinchuan.
- In 2025, Baofeng Energy completed its $9.5 billion polyalkene plant in China's Inner Mongolia, the largest in the world with 3 million ton annual capacity.
Financial assets
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