LeaderPortfolio
Shuifu
Wang Shuifu
Rank #2421
CHINAManufacturingManufacturing

Wang Shuifu

Net Worth
$1.66B
+0.89% (24h)
Wang Shuifu, a 71-year-old Chinese entrepreneur, is the chairman of Xizi Clean Energy Equipment. He began his career in 1970 selling agricultural machinery. Wang is ranked #2274 on Forbes' 2026 Billionaires list. His source of wealth is manufacturing, and he resides in Hangzhou, China.

How to read Wang Shuifu'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 Shuifu, we anchor the narrative to Manufacturing and Manufacturing, 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 $1.66B alongside global rank #2421, 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

Wang Shuifu was born in China and began his career selling agricultural machinery in 1970.

Rise to Success

Wang chairs the equipment manufacturer Xizi Clean Energy Equipment. Xizi Clean Energy was formerly known as Hangzhou Boiler Group, which went public in 2011 at the Shenzhen Stock Exchange.

Key Business Strategies

Wang's business strategy focuses on the manufacturing industry. The manufacturing sector is a key driver of economic growth in China, and Wang has capitalized on this by leading Xizi Clean Energy Equipment.

Philanthropy

Information on Wang Shuifu's specific philanthropic initiatives is unavailable in the search results.

Career Timeline

2011

Hangzhou Boiler Group Goes Public

Hangzhou Boiler Group, now Xizi Clean Energy Equipment, went public on the Shenzhen Stock Exchange.

1970

Career Start

Began career selling agricultural machinery.

Philanthropic Impact

Information not availableUndisclosed

Information not available

Information on Wang Shuifu's philanthropic efforts is unavailable in the search results.

Key Business Ventures & Holdings

CompanyStakeValue
China Zheshang Bank

Net Worth History

In-Depth Analysis

Early Life

Wang Shuifu was born in China and began his career selling agricultural machinery in 1970.

Rise to Success

Wang chairs the equipment manufacturer Xizi Clean Energy Equipment. Xizi Clean Energy was formerly known as Hangzhou Boiler Group, which went public in 2011 at the Shenzhen Stock Exchange.

Key Business Strategies

Wang's business strategy focuses on the manufacturing industry. The manufacturing sector is a key driver of economic growth in China, and Wang has capitalized on this by leading Xizi Clean Energy Equipment.

Philanthropy

Information on Wang Shuifu's specific philanthropic initiatives is unavailable in the search results.

Data Sources & Methodology

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