Dang Yanbao
$15.7B
Born
Feb 01, 1973
Age
52
Source of Wealth
Coal
Residence
Yinchuan, Ningxia
Citizenship
China
Marital Status
Married
Children
1
Education
Master of Business Administration, Peking University
- 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 March 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.
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