Wang Yiting is a Chinese businessman who has a net worth of $720 million. Wang Yiting is Chairman of the privately-held Inner Mongolia Taixi Coal Group, one of China’s largest coal mining companies. In the last nine months of 2012, the company made sales of over $1 billion.
Thus, Wang Yiting has become a newcomer to the billionaires’ list as of 2013. After years of dedicated work, Wang Yiting has managed to rise through the ranks of the company that eventually became Taixi in the 1980s. By the 1990s, he was already holding both management and Communist Party representative jobs. While today, he owns half of Taixi.
| Net Worth: | $720 Million |