Xiao Yongming & family

Net worth over time

Biography

• Xiao Yongming accrues his wealth from a stake in Zangge Mining, a Chinese mining business whose products include potassium chloride.
• The company is headquartered in western China's Qinghai province.
• Early in his career Xiao ran a plastics factory in Sichuan province.
• His son, Xiao Yao, serve as the company's vice chairman and CEO.
• The other son, Xiao Ning, stepped down as chairman of the company in 2025.

Financial assets