Liang Wengen Net Worth 9 Billion - $8.1 B As of March 2012
Age: 55
Source of Wealth: Manufacturing, Self-made
Residence: Changsha, China
Country of Citizenship: China
Education: Bachelor of Arts / Science, Central South University
Marital Status: Married
Children: 1
The wealth of mainland China’s second richest man may be little changed from a year ago, but his Sany Heavy Industry has been busy with a series of moves of late that will push it up in the ranks of the world’s construction equipment makers. Sany said in January that it would team up with CITIC Private Equity Advisors of China to purchase Putzmeister, one of the world’s largest concrete pump manufacturers, in a deal worth $475 million.
In February Changsha-based company announced manufacturing and sales JVs with equipment maker Palfinger of Germany. Liang, who traveled to the U.S. in February as part of a visit by the man viewed as China’s next president, Xi Jinping, is one of four executives from Sany to make this year’s billionaires list: the other three are Mao Zhongwu, Tang Xiuguo and Xiang Wenbo.
Age: 55
Source of Wealth: Manufacturing, Self-made
Residence: Changsha, China
Country of Citizenship: China
Education: Bachelor of Arts / Science, Central South University
Marital Status: Married
Children: 1
The wealth of mainland China’s second richest man may be little changed from a year ago, but his Sany Heavy Industry has been busy with a series of moves of late that will push it up in the ranks of the world’s construction equipment makers. Sany said in January that it would team up with CITIC Private Equity Advisors of China to purchase Putzmeister, one of the world’s largest concrete pump manufacturers, in a deal worth $475 million.
In February Changsha-based company announced manufacturing and sales JVs with equipment maker Palfinger of Germany. Liang, who traveled to the U.S. in February as part of a visit by the man viewed as China’s next president, Xi Jinping, is one of four executives from Sany to make this year’s billionaires list: the other three are Mao Zhongwu, Tang Xiuguo and Xiang Wenbo.
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