Yang Weidong & family

Net Worth

$2.409B

+1.03% (24h)

Yang Weidong, born in 1974, is a prominent Chinese businessman and the chairman of Zhejiang Satellite Petrochemical. His career began in 2009 at Nokia Corporation, and he later held leadership positions at Youku Tudou and AliMusic. His source of wealth stems from the Chemicals industry. As of December 15, 2025, his estimated net worth is $2.3 billion, ranking him among the wealthiest individuals globally, reflecting his achievements and contributions to the chemical industry and manufacturing sector.

The Full Dossier

Early Life

Born in 1974, Yang Weidong graduated from Hohai University. His early career saw him in the tech sector before transitioning into the media and entertainment industry.

Rise to Success

Yang's career took a significant turn when he joined the online video platform Youku Tudou, rising to the position of CEO. He later served as CEO of AliMusic, demonstrating his leadership capabilities in the digital entertainment space.

Key Business Strategies

Yang is the chairman of Zhejiang Satellite Petrochemical. The company's product line includes acrylic acid esters, methacrylic acids, pigment intermediates and acrylic emulsion polymers. Satellite went public at the Shenzhen Stock Exchange in 2011.

Philanthropy

No specific philanthropy amounts found, although he was awarded the National May 1st Labor Medal.

Career Timeline

2024

Chairman of Zhejiang Satellite Petrochemical

Currently serves as the Chairman of Zhejiang Satellite Petrochemical.

2018

CEO of AliMusic

Took on the role of CEO at AliMusic.

2015

CEO of Youku Tudou

Appointed CEO of Youku Tudou, a major online video platform.

2009

Joined Nokia Corporation

Began his career at Nokia Corporation, later rising to Marketing Director.