Fang Wei & family 方威家族

Company: Fangda Carbon New Material Co. Ltd. and other companies 方大炭素新材料科技股份有限公司等

Shares: 52.9% in Fangda Carbon New Material Co. Ltd.

Wealth: 17.8 billion (US$2.8 billion)

Founded in 1965 under the name of "Lanzhou Carbon Factory", Fangda Carbon New Material Co., Ltd. is the largest production and supply base of carbon products in Asia. Being used in the industries of metallurgy, chemistry, mechanism, medication, biology and high-tech fields, its products are popular in China and other countries and regions including Japan, European countries, the US and Africa. The company was listed on the Shanghai Stock Exchange in August, 2002.