Fang Wei Net Worth

What is Fang Wei's Net Worth?

Fang Wei is a Chinese entrepreneur who has a net worth of $1.3 billion. Born in 1973, Fang Wei serves as the Chairman of Fangda International Industrial Investment Group based in Beijing. The company was launched in 1991, and through the years, it grew into one of China's leading industrial groups.

Fangda is specialized in producing iron and steel products, carbon products, coke, chemicals and iron ore. Moreover, Fangda owns about 20 diversified companies like Fangda Special Steel, Fangda Carbon New Material, China Fangda Group, Fangda Jinhua Chemical Technology, the Northeast Pharmaceutical Group, and many more. Currently, the group is expanding into real estate business, and it is a China's powerhouse that has over 30,000 employees in more than 10 provinces in China.

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Fang Wei, a 63 billion Northeast billionaire, gave out big red envelopes to employees, but

Wei FANG | Doctor of Physics | National Huaqiao University | College of Information Science and

Fang Wei ranked 24th in the "2021 Forbes China Charity List" with a total cash donation of 200