Worth 10 billion!

A few days ago, Forbes announced the world's youngest billionaire ranking list in 2021.
On this list, there are ten billionaires under the age of 30 with a total net worth of US$29.
5 billion, an increase of US$13 billion from 2020.

Among them, the 18-year-old German guy Kevin David Lehmann ranked first com" href="">coatingol.
com with 3.
3 billion US dollars .
Wang Zelong, a 24-year-old Chinese guy from Jieyang, Guangdong, ranked second on the list with a net worth of US$1.
5 billion and approximately RMB 10 billion.
He has therefore become the youngest Chinese face on the 2021 global billionaire list.

▲Wang Zelong

So, who is this tens of billions of billionaire born in 1996, Wang Zelong, sacred?

As a "back wave" born in 1996, Wang Zelong, who has not yet reached the age of 25, is already the actual controller of a listed company with hundreds of millions of dollars.
Wang Zelong was born in a chemical family.
His father Wang Deliang was born in Wushi Village, Yuhu Lake, Jieyang City, Guangdong Province in 1970.
He was engaged in the chemical trade in his early years and found his first pot of gold, which also made Wang Zelong's childhood familiar with the business model and profitability of the basic chemical manufacturing industry.

▲Wang Zelong's father Wang Deliang

The last time Wang Zelong attracted widespread attention was at the end of 2019.
In December of that year, China Nuclear Titanium Dioxide announced that Wang Zelong had purchased 431 million shares of Li Jianfeng, the original controller of the company, at a price of 1.
636 billion yuan, accounting for 27.
05% of the total share capital.
After the completion of the transaction, the actual controller of China Nuclear Titanium Dioxide was changed to Wang Zelong.
For a time, "post-96 entered the A-share listed company", "23-year-old with a net worth of 3 billion" and other eye-catching reports began to appear in the media at that time, putting Wang Zelong in the spotlight.

Of course, becoming the actual controller of China Nuclear Titanium Dioxide is not the famous work of the post-96 billionaire.

Investing in Dragon Mang Baili was the first major financial investment decision made by Wang Zelong under his father's instructions, and facts have also proved that this is undoubtedly a successful case.
At present, it is known that Wang Zelong’s wealth mainly comes from the two listed companies, China Nuclear Titanium Dioxide and Lomon Baili, and the current market value of these two companies is in the tens of billions.

According to data from Eastern Fortune Choice, with China Nuclear Titanium Dioxide's additional issuance in September 2020, Wang Zelong's shareholding ratio has reached a new high.

After 1.
431 billion yuan participated in Lomon Bailey's fixed increase plan to become the company's fourth largest shareholder in 2016, Wang Zelong has since continued to reduce his holdings to cash out.
In 2019, on the day when Wang Zelong's shareholding was lifted, Lomon Baili announced that Wang Zelong intends to reduce its holdings of 93,897,600 shares, accounting for 50% of its shareholding.

It is worth noting that in November of the same year, Lomon Baili announced that Wang Zelong plans to reduce the number of shares by more than half, with a total of 60.
92 million shares.
According to media calculations, his set has now exceeded 700 million yuan and still holds a value of 15.
Billion shares.
Not only that, since he decided to increase his shareholding, Wang Zelong has made a total of 490 million yuan in dividends.
In other words, Wang Zelong's accumulated profit from Lomon Baili alone exceeded 1.
3 billion yuan in three years, that is, an annual profit of 430 million yuan, and a daily profit of 1.
2 million yuan, which is equivalent to winning a Land Rover every day for three consecutive years.

According to data from Oriental Fortune Choice, as of March 2021, Wang Zelong only holds 55.

Then, coupled with Wang Zelong's 8.
2 billion net worth of China Nuclear Titanium Dioxide, as well as profits and uncalculated assets, the tens of billions net worth given by Forbes is not only extremely true, but also somewhat conservative.

The Tianyan Check App shows that Wang Zelong currently has only 3 companies under his name, but they are all "big guys" with a registered capital of over 100 million.
In addition to the above-mentioned, China Nuclear Huayuan Titanium Dioxide Co.
, Ltd.
with a registered capital of 2.
05 billion yuan, Wang Zelong is also the chairman of Guangzhou Taiaohua Co.
, Ltd.
and Anhui Jinxing Titanium Dioxide (Group) Co.
, Ltd.
, and both are It is a wholly-owned subsidiary of China Nuclear Titanium Dioxide.

At the beginning of this year, China Nuclear Titanium Dioxide released an announcement that a total investment of 12.

▲Wang Zelong (first from right)

This is the first large-scale investment project led by Wang Zelong after he took charge of CNNC Titanium Dioxide.

Undoubtedly, with the continuous experience of the capital market, Wang Zelong can draw energy from the game of commercial power and become a winner who is truly good at mastering wealth, achieving "snowball-like" growth and continuously expanding the business landscape.