Chen Jiancheng

Net Worth

$3.153B

-1.7% (24h)

Chen Jiancheng, a self-made billionaire, is a prominent figure in China's manufacturing sector. Born in Shangyu, China, at the age of 66, Chen is the chairman of Wolong Electric Group, a major supplier of electric motors, power transmission equipment, and batteries. His source of wealth is rooted in manufacturing, and his career highlights include founding Wolong Holding Group and expanding its global footprint. Chen's strategic acquisition of the parent company of Austria's ATB Group in 2011 solidified Wolong Electric's position as a leading industrial electric drive systems provider in Europe. With an estimated net worth of $3.2 billion as of December 16, 2025, Chen's leadership has driven innovation and sustainable development within the industry.

The Full Dossier

Early Life and Foundation

Chen Jiancheng was born in Shangyu, Zhejiang Province, China. At the young age of 16, he began his career. In 1984, Chen co-founded the predecessor business of Wolong Holding Group with six fellow workers. This early venture laid the foundation for his future success in the manufacturing industry.

Rise to Success

Chen's rise to success is marked by strategic foresight and a commitment to growth. He expanded his business by acquiring the parent company of ATB Group of Austria in 2011, making Wolong Electric one of the largest suppliers of electric drive systems in Europe. This acquisition was a pivotal moment, showcasing Chen's ability to identify opportunities for international expansion and solidify his company's global presence. Chen's daughter, Yanni, currently chairs Wolong Real Estate, illustrating a family legacy in business.

Key Business Strategies

Chen's key business strategies include a focus on innovation, quality, and sustainability. Wolong Electric has championed the development of energy-efficient solutions, addressing the challenges of environmental sustainability and energy conservation. The company's expansion into real estate with Wolong Real Estate, chaired by his daughter, demonstrates a diversified approach and the integration of family values into his business empire.

Philanthropy

Information on Chen Jiancheng's philanthropy is unavailable in the search results.

Career Timeline

2011

Acquired Parent Company of ATB Group

Wolong Electric acquired the parent company of ATB Group of Austria, expanding its global presence in industrial electric drive systems.

1984

Co-founded the Predecessor of Wolong Holding Group

Chen Jiancheng co-founded the business that would later become Wolong Holding Group with six colleagues.