Wang Shuifu

Net Worth

$1.502B

-2.13% (24h)

Wang Shuifu, born in 1954, is a prominent Chinese billionaire recognized for his success in the manufacturing sector. As the chairman of Xizi Clean Energy Equipment, previously known as Hangzhou Boiler Group, Wang has built a significant fortune. His career began in 1970 selling agricultural machinery, and he later led Hangzhou Boiler Group to go public in 2011. As of December 16, 2025, his net worth is estimated at $1.3 billion, ranking him at #2623 globally. Residing in Hangzhou, China, Wang's wealth is self-made, and he is known for his leadership principles and achievements in manufacturing.

The Full Dossier

Early Life

Born in 1954, Wang Shuifu's early life details are not widely available in public sources.

Rise to Success

Wang Shuifu's career began in 1970, where he started selling agricultural machinery. His entrepreneurial journey led him to chair Xizi Clean Energy Equipment. Xizi Clean Energy Equipment was previously known as Hangzhou Boiler Group; Hangzhou Boiler went public at the Shenzhen Stock Exchange in 2011.

Key Business Strategies

Wang's key strategy appears to be focused on the manufacturing sector and leading his company to significant achievements. The company's history includes being a public company.

Philanthropy

Information regarding Wang Shuifu's specific philanthropic endeavors is not readily available. Further search is needed.

Career Timeline

2011

Hangzhou Boiler Group went public

Hangzhou Boiler Group, which Wang chairs, went public at the Shenzhen Stock Exchange.

1970

Began career

Started selling agricultural machinery.