Fang Wei

Fang Wei (#1090)

Global Rank #1090

Country Rank #123

Country China

Fang Wei is listed among the world billionaires tracked by Iconic Billionaires.

$ 4 B
Steel
China
M
52 Years

Snapshot

Quick Facts

Global Rank #1,090

Country Rank #123

Net Worth $4.0B

Previous Worth $4.0B

Worth Change +$0.0B

Country China

Industry Steel

Age 52 Years

Gender M

Worth As Of May 4, 2026

Residence Beijing, China

Citizenship China

World Billionaires List China Billionaires Steel

Profile Data

Personal Stats

Age 52

Source Of Wealth Steel, Self Made

Residence Beijing, China

Citizenship China

Marital Status Married

Net Worth Change +$0.0B +0.0% from previous worth

Previous Net Worth $4.0B

Current Net Worth $4.0B

Worth as of May 4, 2026

About Me

Fang Wei chairs Fangda Group, a conglomerate based in the northeastern province of Liaoning with interests in aviation, pharmaceuticals, steel and new materials. The group controls several listed companies, including Fangda Carbon New Material and Fangda Special Steel Technology. Born in a distressed rural area, Fang helped his family recycle scrap metals when he was young. He later built a sprawling business empire through acquiring financially stressed companies and turning their operations around. His best-known deals include the 2022 investment of $1.6 billion in Hainan Airlines, after former owner HNA Group was forced to downsize amid Beijing's crackdown on debt-fueled acquisitions overseas.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Fang Wei.

#908

Billionaires (2026)

#99

China Rich List (2023)

Wealth Growth

Net Worth Growth Over Time

Tracking Fang Wei's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth

Period Change Worth Movement

Current Net Worth: $4.0B (May 4, 2026)