Chinese businessman Xiang Wenbo has an estimated net worth of $1 billion as of March 2013 according to Forbes. Due to the recent decline in the share of prices of Sany Heavy Equipment International and Sany Heavy Industry, Xiang Wenbo's fortune is down this year. Sany Heavy Equipment International is currently listed at Hong Kong Stock Exchange.

Currently, Xiang Wenbo serves as the president of Sany Heavy Industry Co. Ltd. Since July 2009, he has been serving as a Director at Sany Heavy Equipment International Holdings Company Ltd. Since 2004, he has also been serving as the Director of Sany Heavy Equipment. He even serves as a Director of SANY Group Co., Ltd.

This 51-year old billionaire is a graduate of Dalian University of Technology. He is currently married and has one child.