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Xiao Yongming & family
Rank #802
CHINAManufacturingFertilizer

Xiao Yongming & family

Net Worth
$5.155B
+0.56% (24h)
Xiao Yongming, a self-made billionaire, derives his wealth primarily from his stake in Zangge Mining, a Chinese mining business specializing in potassium chloride used in fertilizer production. Early in his career, he operated a plastics factory in Sichuan province. As of March 2026, his net worth is estimated at $4.9 Billion, placing him among the world's wealthiest individuals. His son, Xiao Yao, serves as the vice chairman and CEO of the company. The company is headquartered in Qinghai province. His wealth reflects his successful career and strategic investments in the fertilizer industry.

How to read Xiao Yongming & 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 Xiao Yongming & family, we anchor the narrative to Fertilizer and Fertilizer, 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 $5.155B alongside global rank #802, 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

Xiao Yongming's early career involved running a plastics factory in Sichuan province. This experience provided him with a foundation in business operations and management.

Rise to Success

Xiao Yongming's wealth primarily stems from his stake in Zangge Mining, a Chinese mining business whose products include potassium chloride, a key component in fertilizer. He moved possession of his fertilizer company, Zangge Potash, to Shenzhen-listed Jinguyuan Holding in a $1.3 billion all-stock deal in July 2016. In 2025, his other son, Xiao Ning, stepped down as chairman of the company.

Key Business Strategies

The success of Xiao Yongming and his family can be attributed to strategic investments in the fertilizer sector. Zangge Mining is headquartered in Qinghai province. His son, Xiao Yao, serves as the company's vice chairman and CEO, indicating a family-based approach to business leadership.

Philanthropy

No specific philanthropy information was found via the search results.

Career Timeline

2016

Moved possession of Zangge Potash

He moved possession of his plant food company, Zangge Potash, to Shenzhen-listed Jinguyuan Holding.

Unknown

Ran a plastics factory

Xiao Yongming ran a plastics factory in Sichuan province, providing early experience in business operations.

Philanthropic Impact

UnknownUndisclosed

Unknown

No specific philanthropy information was found.

Key Business Ventures & Holdings

CompanyStakeValue
Zangge Mining

Net Worth History

In-Depth Analysis

Early Life

Xiao Yongming's early career involved running a plastics factory in Sichuan province. This experience provided him with a foundation in business operations and management.

Rise to Success

Xiao Yongming's wealth primarily stems from his stake in Zangge Mining, a Chinese mining business whose products include potassium chloride, a key component in fertilizer. He moved possession of his fertilizer company, Zangge Potash, to Shenzhen-listed Jinguyuan Holding in a $1.3 billion all-stock deal in July 2016. In 2025, his other son, Xiao Ning, stepped down as chairman of the company.

Key Business Strategies

The success of Xiao Yongming and his family can be attributed to strategic investments in the fertilizer sector. Zangge Mining is headquartered in Qinghai province. His son, Xiao Yao, serves as the company's vice chairman and CEO, indicating a family-based approach to business leadership.

Philanthropy

No specific philanthropy information was found via the search results.

Data Sources & Methodology

Figures for Xiao Yongming & 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.