January 09, 2025

Wang Wei's net worth surged 15 billion in one day and is approaching the top three in the Chinese rich list

Based on the current total market capitalization of 254.075 billion yuan, Wang Wei’s net worth amounted to 164 billion yuan. The "2016 Hurun Report" shows that Wang Jianlin's family (215 billion yuan), Ma Yun (205 billion yuan), and Ma Huateng (165 billion yuan) are among the top three in the list. If SF has another daily limit, the next trading day, Wang Wei's wealth will surpass Ma Huateng and take third place.

On February 24, A-share listed company Dingtai New Materials (002352.SZ) was officially renamed “SF Holdings”, which signified that Shunfeng Holdings officially landed on the A-share market.

As of today (February 27), SF Holdings has had a daily limit of three consecutive trading days. As of press time, SF Holdings daily limit, the stock price reported 60.73 yuan, a record high.

At present, the total market value of SF Holdings is as high as 254.075 billion yuan, surpassing that of Vanke and Midea, becoming the first place in the market value of the Shenzhen Stock Exchange.

According to Forbes real-time rich list, as of February 26, Eastern United States, Ma Huateng's net worth is about 24.9 billion US dollars, Wang Wei worth about 23.9 billion US dollars. Although there is still a $1 billion gap between the two, according to Forbes's real-time wealth rankings, wealth information, as of the press release, Wang Wei's net worth surged by US$2.2 billion (approximately RMB 15.1 billion) due to SF Holdings’ daily limit again. Ma Huateng’s wealth increased by only 128 million U.S. dollars.

Forbes real-time rich list Ma Huateng personal wealth information

Forbes real-time rich list Wang Wei personal wealth information

Forbes Realtime Rich List Personal Wealth Change Information

According to public information, Shenzhen Mingde Holdings Development Co., Ltd. (hereinafter referred to as Mingde Holdings) holds 64.58% of the shares of SF Holdings, while Mingde Holdings holds 99.99% of shares by Wang Wei. Based on the current total market capitalization of 254.075 billion yuan, Wang Wei’s net worth amounted to 164 billion yuan. The "2016 Hurun Report" shows that Wang Jianlin's family (215 billion yuan), Ma Yun (205 billion yuan), and Ma Huateng (165 billion yuan) are among the top three in the list. If SF has another daily limit, the next trading day, Wang Wei's wealth will surpass Ma Huateng and take third place.

In addition, the "Daily Economic News" reporter estimated that when the total market value of SF Holdings reached approximately 331 billion yuan, Wang Wei's net worth can be compared with Wang Jianlin and compete for the throne of the richest man. With the current total market value of 254.075 billion yuan estimated by SF Holdings, the stock price also needs 3 daily limit.

In the 2016 Hurun Global Chinese Rich List released in February 2016, Wang Wei ranked 329th with a net worth of 4.6 billion U.S. dollars. The “2016 Forbes China Rich List” published in October 2016 shows that Wang Wei ranked fourth with 18.5 billion US dollars. From 30 billion yuan to 100 billion yuan, Wang Wei spent only a few months, thanks to SF Holdings’ successful backdoor A-share listing.

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