Portrait of Dang Yanbao

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

Exchange Ticker Company Shares Price Currency