Wang Yusuo Net Worth

Wang Yusuo has an estimated net worth of $8.9 billion, according to Forbes Real-Time Billionaires, Wang Yusuo profile (figures as of October 20, 2026). That is up from $4.3 billion in 2019.

Wang Yusuo is a Chinese businessman and the founder of ENN Group, one of China's largest private energy companies, best known for distributing natural gas to cities. He was born in 1964, and Forbes describes him as self-made.

His road into business began with a setback. Forbes says he went into business after he failed to pass China's tough college entrance exams. He later made up for it, earning a bachelor's degree from the People's University of China and a doctorate from Tianjin University.

He is married and lives in Langfang, a city in Hebei province between Beijing and Tianjin, where ENN is based. He has spent his whole career building the same company, which grew from a local gas business into a national energy group.

Wang is one of the first generation of private entrepreneurs who built large energy businesses in China, an industry long dominated by state-owned giants.

How Wang Yusuo made his money

ENN made its name by bringing piped natural gas to Chinese cities as they grew and moved away from coal for heating and cooking. That business gave the company steady income from millions of homes and factories and made it one of the biggest private gas distributors in the country.

The group has since spread into other areas. Forbes says it has more than 40,000 employees and interests in property development, tourism and wellness as well as energy. Its listed units give investors a way to value Wang's stake.

Wang stepped down as chairman of ENN Group in 2025 but still sits on the board. His son Wang Zizheng is also a director, which points to a family succession at one of China's most important private energy firms.

How Forbes has valued Wang Yusuo

Forbes valued Wang at $4.3 billion in 2019 and $3.9 billion in 2020. His figure rose to $6.4 billion in 2021, then dropped sharply to $3 billion in 2022.

It bounced back to $6.3 billion in 2023 and held at $7.1 billion in both 2024 and 2025. It rose again to $8.6 billion on the 2026 World's Billionaires List. As of October 20, 2026, the Forbes real-time billionaires tracker showed $8.9 billion, his highest figure in the period. His wealth has climbed as demand for natural gas in China has grown.