$ 2.3 B.
Wang Xicheng’s lot of money climbed the July 2016 IPO of his tire producer, Shandong Linglong Tire, on the Shanghai Stock market.
Its precursor was a state-owned tire manufacturing facility established in 1975 in Shandong Province.
The firm got on the of collapse in 1987 when Wang was called leader and also changed its emphasis to more expensive tires.
The business is currently a provider to GM, Ford, Tata, Fiat as well as Hyundai.
It is according to Forbes.