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In the world today
Xiang Guangda

Xiang Guangda

X. Guangda
-0.01% | - $-0.43M
$4.11 B ₹ 37,343 Cr
Real Time Net Worth #1027 Ranking as of 21 Feb 2026 By Forbes

More on Xiang Guangda

Gender

Male

Age

68Y

Country

China

Born On

January, 1958

Deceased

No

Relationship Status

Unknown

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Stainless Steel)

Primary Organization

Tsingshan Holding Group

Titles

Founder & Chairman

Sources of Wealth

Tsingshan Holding Group

Industry

Steel, Mining, Metals, Nickel, Manufacturing

About Xiang Guangda


X iang Guangda is a self-made Chinese industrial tycoon who is the founder and chairman of the Tsingshan Holding Group, the world's largest producer of stainless steel and a major global player in the nickel industry. He started his career in the 1980s as a state-owned factory worker. In the early 1990s, he and a partner founded their own business making car and motorcycle windows. He later pivoted into the stainless steel industry, a move that would be the foundation of his massive industrial empire.

He has built Tsingshan into a dominant global force through a relentless focus on cost control and vertical integration. The company has invested billions of dollars to build massive, integrated production facilities in Indonesia, where it controls its own nickel mines, power plants, and stainless steel mills. This has made Tsingshan the world's lowest-cost producer. He gained global notoriety in 2022 when his massive short position on the London Metal Exchange was caught in a historic short squeeze that sent nickel prices soaring, temporarily costing him and his company billions of dollars before he was able to secure a deal with his creditors.

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Quick Reads


  • Founder and Chairman of Tsingshan Holding Group.
  • Tsingshan is the world's largest producer of stainless steel and nickel.
  • A self-made billionaire, he started as a factory worker.
  • Built massive, integrated production facilities in Indonesia.
  • Was at the center of a historic short squeeze in the nickel market in 2022.

Early Life and Background


Xiang Guangda is a Chinese businessman, the self-made billionaire Founder and Executive Chairman of Tsingshan Holding Group, a massive privately held conglomerate specializing in nickel, stainless steel manufacturing, and resource extraction. His career is rooted in industrial manufacturing, resource management, and entrepreneurial audacity.

Xiang's philosophical approach centers on scale, vertical integration (controlling the entire supply chain from nickel ore mining to stainless steel production), and long-term commitment to cost control. He founded Tsingshan in 1988, recognizing the immense, untapped domestic and international demand for affordable stainless steel.

  • Tsingshan Holding Group (Founder & Chairman): The core private asset, a global leader in nickel and stainless steel production (a crucial player in the global resource and battery markets).
  • Industrial Pioneer: His success is built on scale manufacturing and dominating the domestic and international market for essential steel and nickel commodities.
  • Controversy/Crisis: His company was central to the 2022 LME Nickel Crisis due to massive short positions, leading to regulatory scrutiny.
  • Investment Strategy: His philosophy is rooted in long-term investment in industrial assets and resource control (especially in Indonesia).

Career Journey of Xiang Guangda


Xiang Guangda's strategic genius was his commitment to radical vertical integration. He founded Tsingshan in 1988, successfully building it into a global force by pioneering the Rotary Kiln–Electric Furnace (RKEF) process for nickel pig iron (NPI), which significantly lowered the cost of stainless steel production. His structural contribution is immense: pioneering the modern, scale, vertically integrated stainless steel and nickel model globally, with massive resource investments in Indonesia.

His career faced a massive, public crisis during the 2022 LME Nickel crisis, where a large short position held by Tsingshan led to dramatic market volatility. He remains Executive Chairman, guiding the company's continuous expansion. His wealth is secured by the colossal, long-term, stable profitability of the global metals, resource, and industrial sectors.

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Xiang Guangda's Timeline


1988:

Founds Tsingshan Holding Group (Founding).

2000s:

Tsingshan begins aggressively investing in Indonesian nickel resources (Resource Apex).

2022 (March):

Tsingshan is central to the LME Nickel crisis (Market Crisis).

Ongoing:

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

Major Business Ventures and Investments


Xiang Guangda's wealth is concentrated in his founding and controlling ownership of the private industrial giant, Tsingshan Holding Group, and his private investments.

  • Tsingshan Holding Group (Founder & Chairman): The core private asset, a global leader in nickel and stainless steel production.
  • Industrial Pioneer: His success is built on scale manufacturing and dominating the domestic and international market for essential steel and nickel commodities.
  • Controversy/Crisis: His company was central to the 2022 LME Nickel Crisis due to massive short positions.
  • Investment Strategy: His philosophy is rooted in long-term investment in industrial assets and resource control.

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Philanthropy and Social Impact


Xiang Guangda's social impact stems from Tsingshan Group's role as a massive industrial employer and provider of essential metals (nickel, stainless steel) for global construction, manufacturing, and battery production. His investments in Indonesia significantly drive regional industrial development. His personal philanthropy supports various community and educational initiatives.

His personal philanthropy supports various community and educational initiatives.

Fashion, Style, and Lifestyle


Xiang Guangda 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 global industrial sector.

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

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the Founder and Chairman of Tsingshan Holding Group, a global leader in nickel and stainless steel.
  • His company was at the center of the 2022 LME Nickel crisis.
  • Tsingshan pioneered a vertical integration model from nickel ore mining to finished steel.
  • His focus is on scale manufacturing and resource control in Indonesia.
  • He holds an estimated net worth in the billions of dollars (2025 estimate).
  • His philosophy emphasizes cost efficiency and resource control.

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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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