Huang Zelan Net Worth

He is the chairman of the company and has since expanded his business to include other metals such as molybdenum and antimony. Huang Zelan is a Chinese billionaire who has achieved immense success in the metal industry. He started his journey in 1994 when he borrowed $782 to purchase a tungsten mine, which eventually led to the creation of his billion-dollar enterprise, Chongyi Zhangyuan Tunsten. As the chairman of the company, Huang Zelan has since expanded his business to include other metals such as molybdenum and antimony, resulting in a net worth of $1.08 billion.
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Age, Biography and Wiki

Birth Place	China
Age	65 YEARS OLD
Net Worth:	$1.08 Billion

💰 Net worth: $1.08 Billion (2024)

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Huang Zelan Net Worth: Huang Zelan is a Chinese billionaire who has a net worth of $1.08 billion. Huang Zelan made his fortune in the metal industry, after making a wise move using borrowed $782 to buy a tungsten mine in 1994, which eventually led to the creation of his current billion-dollar enterprise, Chongyi Zhangyuan Tunsten. Much to Zelan's luck, tungsten demand in China has gone through the roof shortly after the company's creation. However, in the first nine months of 2012 sales at the Shenzhen-listed company dropped by 17.6% from a year earlier to $207 million amid environmental issues. The downturn led to a subsequent decrease in net profit, cutting it in half to $17.8 million.

In April 2012, Huang Zelan handed over the CEO position to his son, Huang Shichun. As for Zelan's wife, Lai Xiangying, she serves as director of the listed company and CFO of its parent company, Chongyi Zhangyuan Investment Holding. Also, she owns 6% of the parent company, whereas the remaining 94% belong to Zelan.