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Wu Zhigang & family

Wu Zhigang & family

0% | $ 0M
W. family
Rank
#0
Net Worth
$00.0B
Gender
Male
Age
53Y
Country
China
Born On
January, 1972
Deceased
No
Relationship Status
Married
Children
Unknown
Education

Unknown

Designation Info :

Self-Made
No
Type
Inherited
Organization Name
Wens Foodstuffs Group
Title
Director
Source

Wens Foodstuffs Group

Industry
Agribusiness, Food & Beverage

About W. family


W u Zhigang is a Chinese billionaire whose wealth is derived from his family's stake in the Wens Foodstuffs Group, one of the country's largest producers of poultry and pigs. He is a member of one of the eight founding families who established the company in 1983. The company was built on a highly successful and innovative contract farming model, where the company partners with a vast network of small family farms, providing them with chicks, piglets, feed, and veterinary support, and then buys back the mature animals for processing and sale.

This asset-light model has allowed Wens to scale up its operations at a tremendous pace to meet China's huge demand for meat. After the company went public on the Shenzhen Stock Exchange in a major IPO, the founding families, including Wu's, became billionaires from their substantial ownership stakes. He has served as a director of the company, playing a key role in its long-term strategy.

Quick Reads


  • His family is one of the eight founding families of the agribusiness giant Wens Foodstuffs Group.
  • Wens is one of China's largest producers of pork and poultry.
  • The company is famous for its "company + farmer" contract farming model.
  • He has served as a director of the company.
  • His wealth is based on his family's inherited stake in the publicly traded company.

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