#103 Billionaire
Dang Yanbao
$24.2B
$-787M
(-3.2%)
CN
· Age 53
Source of wealth: Coal
Industry: metals-mining
Residence: Yinchuan, CN
{
"bio": [
"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."
],
"about": []
}
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