Top 20 young billionaires in China
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Fang Wei （方威）
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| Fang Wei [qq.com] |
Age: 38
Family wealth: 10 billion yuan
Company: Fangda Group
Title: Chairman of the board
Sector: Manufacturing
Fang Wei is the chairman of the board of the Fangda Group. It was established in 1991. The group is an industrial group providing carbon products, iron and steel products, coke, iron ore, chemicals and also involving real estate. Headquartered in Beijing, the group has over 20 companies, including three listed companies, a research institute and a designing institute. Fangda Group now has more than 30,000 employees across more than 10 provinces in China.
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