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Wang Yusuo & family

Wang Yusuo & family

W. family
-0.14% | - $-11.17M
$8.12 B ₹ 73,831 Cr
Real Time Net Worth #437 Ranking as of 21 Feb 2026 By Forbes

More on Wang Yusuo & family

Gender

Male

Age

61Y

Country

China

Born On

May, 1964

Deceased

No

Relationship Status

Married

Children

1

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Natural Gas)

Primary Organization

ENN Group

Titles

Founder & Chairman

Sources of Wealth

ENN Group

Industry

Energy, Natural Gas, Utilities, Clean Energy

About Wang Yusuo & family


W ang Yusuo is a self-made Chinese energy tycoon and the founder and chairman of the ENN Group, one of China's largest private energy companies. He founded the company in 1989 in Hebei province, initially as a taxi company and later as a distributor of natural gas. He was a pioneer in China's private natural gas industry, building the infrastructure to supply gas to cities at a time when the sector was dominated by state-owned giants. He has since built ENN into a massive, vertically integrated clean energy conglomerate.

Under his leadership, ENN has become a major player in natural gas distribution, with a network that serves millions of residential and industrial customers across China. The company has also invested heavily in other parts of the energy value chain, including LNG terminals, solar power, and energy storage. He is a prominent advocate for the transition to a low-carbon energy system in China. His wife, Zhao Baoju, is the co-founder and a major shareholder in the family's publicly traded flagship company, ENN Natural Gas.

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Quick Reads


  • Founder and Chairman of the Chinese energy company ENN Group.
  • A pioneer of China's private natural gas industry.
  • ENN is one of China's largest private natural gas distributors.
  • Has also diversified the company into solar energy and other clean technologies.
  • His wife, Zhao Baoju, is a co-founder and also a billionaire.

Early Life and Background


Wang Yusuo is a Chinese businessman, the self-made billionaire Founder and Executive Chairman of ENN Group (SHA: 600803), a major conglomerate specializing in natural gas distribution, clean energy, and industrial services. His career is rooted in energy, entrepreneurial audacity, and industrial expansion.

Wang's philosophical approach centers on scale, disruption (pioneering the modern private natural gas distribution model), and long-term commitment to clean energy infrastructure. He founded the precursor to ENN Group in 1989, recognizing the immense, untapped domestic demand for modern, reliable energy sources.

  • ENN Group (Founder & Chairman): The core publicly traded asset, a major provider of natural gas distribution, LNG, and clean energy solutions (a key structural component of China's energy transition).
  • Energy Pioneer: His success is built on scale logistics and dominating the domestic market for natural gas distribution and clean energy services.
  • Investment Strategy: His philosophy is rooted in long-term investment in industrial assets and energy infrastructure and leveraging the massive Chinese environmental and energy transition boom.
  • Brand Focus: ENN is known for its focus on clean energy and sustainable development.

Career Journey of Wang Yusuo & family


Wang Yusuo's strategic genius was his commitment to high-growth energy infrastructure. He founded ENN Group in 1989, successfully building it into a national powerhouse by pioneering the private natural gas distribution network in China. His structural contribution is immense: pioneering the modern, scale clean energy distribution model that accelerated China's shift from coal to natural gas. The company successfully executed its IPO on the Shanghai Stock Exchange (SHA).

He remains Executive Chairman, guiding the company's continuous expansion and technological modernization (especially into LNG and hydrogen). His wealth is secured by the colossal, long-term, stable profitability of the Chinese energy, infrastructure, and industrial sectors.

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Wang Yusuo & family's Timeline


1989:

Founds the precursor to ENN Group (Founding).

2000s:

ENN Group expands aggressively into natural gas distribution networks (Energy Apex).

2003 (approx.):

ENN Group executes its successful IPO on the SHA (Financial Milestone).

Ongoing:

Continues as Founder and Executive Chairman, guiding the massive industrial giant (Executive Oversight).

Major Business Ventures and Investments


Wang Yusuo's wealth is concentrated in his founding equity and continued executive leadership of the publicly traded energy giant, ENN Group (SHA: 600803), and his private investments.

  • ENN Group (Founder & Chairman): The core publicly traded asset, a major provider of natural gas distribution, LNG, and clean energy solutions.
  • Energy Pioneer: His success is built on scale logistics and dominating the domestic market for natural gas distribution and clean energy services.
  • Investment Strategy: His philosophy is rooted in long-term investment in industrial assets and energy infrastructure and leveraging the massive Chinese environmental and energy transition boom.
  • Brand Focus: ENN is known for its focus on clean energy and sustainable development.

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Philanthropy and Social Impact


Wang Yusuo's social impact stems from ENN Group's role in providing essential clean energy infrastructure (natural gas, LNG) that supports China's environmental transition and industrial development. The company contributes significantly to reducing air pollution by replacing coal usage. His personal philanthropy supports various community and educational initiatives.

His personal philanthropy supports various community and educational initiatives.

Fashion, Style, and Lifestyle


Wang Yusuo maintains the professional, pragmatic style of a Chinese industrial executive. His attire is consistently formal and high-quality, favoring tailored business suits. His aesthetic reflects serious authority and stability, typical of a leader in the specialized energy sector.

Residing in Langfang, China, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to industrial scale, strategic management, and clean energy development.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the Founder and Executive Chairman of ENN Group (natural gas and clean energy).
  • ENN Group is a dominant force in private natural gas distribution in China.
  • His fortune is tied to the successful monetization and scale of China's energy transition.
  • He founded the company in 1989.
  • His philosophy emphasizes long-term investment in clean energy infrastructure.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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