LeaderPortfolio
family
W
Rank #168
CHINAManufacturingHydraulic machinery

Wang Liping & family

Net Worth
$16.841B
+0.01% (24h)
Wang Liping, the chairman of Jiangsu Hengli Hydraulic, and his family have built a significant fortune in the hydraulic machinery industry. With a current net worth of $12.7 billion as of March 23, 2026, Wang Liping's wealth stems from his leadership and founding of the company in 1990. The company is a major manufacturer of hydraulic components, with a global presence and clients including major industrial names. Wang's career includes founding the company and leading its expansion, with the company now having multiple research centers and manufacturing sites across the globe. His success has been recognized through his ranking on the Forbes Billionaires list. However, in March 2026, Wang Liping was detained by the Jiangsu Provincial Supervisory Commission.

How to read Wang Liping & family's profile

Public net-worth figures are estimates. They combine observable inputs—typically listed equity, disclosed transactions, and market prices—with editorial judgment where filings are incomplete (for example, private holdings, debt, or cross-holdings). For Wang Liping & family, we anchor the narrative to Hydraulic machinery and Hydraulic machinery, then update the headline number as markets move. The chart on this page is meant to show trajectory, not a certified balance sheet.

When you see $16.841B alongside global rank #168, interpret it as our best synthesis of widely cited ownership and price signals—not a claim about cash on hand. Estimates can diverge from other publishers because of different treatment of options, trusts, charitable vehicles, or illiquid assets. We document the general approach in methodology and welcome corrections via corrections.

Country (CHINA) and career milestones on this page are curated for reader context; they should be verified against primary sources when used for research. Editorial metadata for this profile is refreshed on a rolling basis, with deeper audits at least annually (last noted cycle: 2026).

Looking for depth? When available, the dossier and timeline sections below add long-form context beyond the headline number—prioritize those modules when evaluating claims about strategy, controversies, or philanthropic commitments.

The Full Dossier

Early Life and Career

Wang Liping founded Jiangsu Hengli Hydraulic in 1990. The company started as a manufacturer of hydraulic cylinders.

Rise to Success

Under Wang Liping's leadership, Hengli Hydraulic grew to become a leading manufacturer in the hydraulic components industry. The company's clients include Caterpillar, Sumitomo and China's Sany Heavy Industry. The company has expanded its operations, establishing manufacturing sites and research centers across China, Germany, the U.S., Japan and Mexico. The company went public in 2011.

Key Business Strategies

Wang Liping's key strategies involved focusing on the hydraulic machinery sector and expanding the company's global footprint, securing partnerships with major industry players, and investing in research and development to maintain a competitive edge. The company has also invested in new technologies, including a linear actuator project focused on smart electrified products such as humanoid robots.

Philanthropy

Specific philanthropy amounts could not be found in the search results. However, Wang Liping and his family are involved in the community through their business ventures. He is also involved with the Cheung Kong Graduate School of Business, where he developed a robust understanding of business strategy and operations. Further details on philanthropy initiatives were not available.

Career Timeline

2011

Hengli Hydraulic Listed

Hengli Hydraulic successfully listed on the Shanghai Stock Exchange.

2010

Chairman of Hengli Hydraulic

Wang Liping became the Chairman of Hengli Hydraulic.

1990

Founded Jiangsu Hengli Hydraulic

Wang Liping founded Jiangsu Hengli Hydraulic, a manufacturer of hydraulic components.

Philanthropic Impact

UnknownUndisclosed

Unknown

Further details on philanthropy initiatives were not available.

Key Business Ventures & Holdings

CompanyStakeValue
Jiangsu Hengli Hydraulic

Net Worth History

In-Depth Analysis

Early Life and Career

Wang Liping founded Jiangsu Hengli Hydraulic in 1990. The company started as a manufacturer of hydraulic cylinders.

Rise to Success

Under Wang Liping's leadership, Hengli Hydraulic grew to become a leading manufacturer in the hydraulic components industry. The company's clients include Caterpillar, Sumitomo and China's Sany Heavy Industry. The company has expanded its operations, establishing manufacturing sites and research centers across China, Germany, the U.S., Japan and Mexico. The company went public in 2011.

Key Business Strategies

Wang Liping's key strategies involved focusing on the hydraulic machinery sector and expanding the company's global footprint, securing partnerships with major industry players, and investing in research and development to maintain a competitive edge. The company has also invested in new technologies, including a linear actuator project focused on smart electrified products such as humanoid robots.

Philanthropy

Specific philanthropy amounts could not be found in the search results. However, Wang Liping and his family are involved in the community through their business ventures. He is also involved with the Cheung Kong Graduate School of Business, where he developed a robust understanding of business strategy and operations. Further details on philanthropy initiatives were not available.

Data Sources & Methodology

Figures for Wang Liping & family are synthesized from the sources below and cross-checked against our net worth methodology. Estimates may lag market moves; see corrections to report discrepancies.