Bloomberg Billionaires Index

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#221 Wang Wenyin $7.26B

Random fact: Company website includes ten of Wang's favorite aphorisms.


Wang is the founder and chairman of Amer International Group, a closely held miner, processor and trader of copper and other metals. The Shenzen, China-based company had revenue of 330 billion yuan ($50 billion) in 2016. The group includes a Singapore-based metal trader, a computer-chip maker and a polyimide producer.

As of April 21, 2018:
Last change -$110M (-1.5%)
YTD change -$445M (-5.8%)
Industry Commodities
Biggest asset Amer International Group
Citizenship China
Age 50
Wealth Self-made
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

Wang Wenyin's net worth of $7.26B can buy ...

troy ounces of gold
barrels of crude oil

... and is equivalent to ...

of the GDP of the United States
of the total wealth of the 500 richest people in the world
of the top 100 U.S. college endowments
of the top 200 U.S. executives’ total awarded compensation
of U.S. existing home sales
times the median U.S. household income

Latest News

Net Worth Summary

Private asset
Public asset
Misc. liabilities
Confidence rating:

The majority of Wang's fortune is derived from his control of Amer International Group, the closely held copper miner and processor he founded in 1994. A 2016 regulatory filing from China’s Administration for Industry and Commerce website shows that the company is 90 percent owned by Wang and 10 percent by a sibling about whom little is known. 

Wang is credited with the entire fortune to reflect his status as founder.

Amer had revenue of 330 billion yuan ($50 billion) in 2016, according to its website, and is valued using the enterprise value-to-sales multiple of one publicly traded peer company: Jiangxi Copper. A 30 percent discount is applied because the company doesn't disclose detailed financial information. The valuation was recalculated in November 2017 by removing use of the BI Global Copper Competitive Peer Group index, which was applied to reflect market movement on a valuation for Amer calculated in April 2016.

The billionaire also owns property assets through Singapore-based investment company, Wen Way. The assets are valued at purchase price in 2013, according to its website. The costs of Wen Way's land acquisitions and industrial parks construction in China are included as liabilities.

Fan Xinlan, a media representative for Amer, declined to comment on the billionaire's net worth.


Birthdate: 3/2/1968
Family: Married, No children

Wang Wenyin was born in Anqing, a city in the Chinese province of Anhui, on March 2, 1968, according to filings with the U.K.'s Companies House. He set up miner and copper processor Amer International Group in 1994. Nine years later, the company opened a 1,000-acre copper wire manufacturing site in Shenzhen, China, which is one of six factories in the city today, according to the company's website.

More plants followed, including a copper mine in Ganzhou and a processing park in Quanwei in 2005. The group opened an industrial park focused on computer chip design in 2011, and also is investing in polyimide production.

Awin Resource, a metal trader that had revenue of $4.5 billion in 2013, was established in Singapore in 2011. The billionaire's real estate investment company, Wen Way, bought 22 retail units in Singapore in 2013.

Wang, who lives in Shenzhen, according to U.K. filings, is married to Liu Jiehong, who is managing director of Amer.

  • 1968 Wang Wenyin is born in China's Anhui province.
  • 1971 Wife Liu Jiehong is born.
  • 1994 Establishes Amer International Group.
  • 2003 Opens 1,000-acre copper wire manufacturing site in Shenzhen, China.
  • 2009 Copper processing begins at Amer's plant in Tongling City, China.
  • 2010 Buys world's largest copper rod production equipment.
  • 2011 Creates Singapore-based metal trader Awin Resource.
  • 2011 Sets up semiconductor subsidiary to create cluster in Chizhou, China.
  • 2012 Establishes real estate investment company Wen Way Investments.
  • 2013 Purchases retail units in Singapore for $105 million.