- Category:
- Richest Business › Richest Billionaires
- Net Worth:
- $3.2 Billion
- Profession:
- Businessman
- Nationality:
- Chinese
What is Wang Yusuo and Family's Net Worth?
Wang Yusuo is a Chinese businessman who has a net worth of $3.2 billion. Wang Yusuo secured his place among billionaires as the founder and shareholder in ENN Energy Group, a private held natural gas provider that supplies gas to over 8 million households in China. Aside from ENN, Wang Yusuo and his wife also possess 46% of fertilizer producer Hebei Veyong Bio-Chemical Co. Last year, he saw a rise of $500 million in his net worth thanks to the surging shares in the both companies.
Prior to seeing the potential of making money with fuel gas, Yusuo ran a taxi company. At the time, he made the initial step in the business carrying the first tank of liquefied coal gas to his hometown 70 kilometers away on the backseat of his bicycle. His effort turned out bankable as ENN has now crossed China's borders and builds fueling stations for trucks along U.S. highways. Having made three futile attempts to get into college in the 1980s, Wang Yusuo made sure this won't happen to ENN's employees as he set up a university just for them this year.
