Liang Wengen
Quick Facts
Biography
Liang Wengen (Chinese: 梁稳根; pinyin: Liáng Wěngēn born 1956) is a Chinese entrepreneur in the fields of heavy manufacturing and the founder and chairman of the Sany Heavy Industry. In 2011, he became the richest man in mainland China, and was tipped to become a member of the Central Committee of the Communist Party of China, with a net worth of about USD $8 billion. However he lost that position, and as of February 2014 he was the fifteenth richest person in China, with a net worth of about $5.9 billion.
Early life
He was born to a poor peasant family in the Hunan province in 1956.
Career
Liang used to work as a top manager at a state arms plant, before getting involved in the construction-equipment industry.
He is the founder and main shareholder of Sany Group, a heavy industry manufacturer based in Changsha, Hunan Province.
His personal wealth is currently estimated at $5 billion.
Answering journalists' question about the conflict between the interests of the Party and himself as a businessman he stated, "My property, even my life, belongs to the (Chinese Communist) Party".
Personal life
Liang has a bachelor's degree from Central South University. He is married and has one son, Liang Zhizhong.
He resides in Changsha.