Ruan Hongliang

Global rank #2878 · Manufacturing
Estimated net worth
$1.31B
-$14.52M (-1.09%) since the previous Grizzly Bulls update
Updated Nov 12, 2026, 7:21 PM EST

Profile details

Residence and biographical details are shown from cited sources. Time-sensitive facts are withheld when their supporting evidence is no longer current.

Residence
Jiaxing, China
Current source dated Mar 10, 2026 · Verified Sep 7, 2026

Ruan Hongliang founded Flat Glass Group in 1998 and built a major publicly traded producer of specialized glass used in photovoltaic panels and other applications. [1]

Founding a glass manufacturing enterprise

Ruan Hongliang founded Flat Glass Group's predecessor in Jiaxing, Zhejiang, in June 1998. The company developed manufacturing capabilities serving industrial and construction customers. [1]

Flat Glass's annual disclosures identify Ruan as a founder and controlling shareholder with decades of experience in the glass industry. His commercial activities preceded the group's public listings. [2]

The business diversified into specialized glass products, including materials used in photovoltaic panels. This expansion connected the company to rising demand for solar manufacturing inputs. [3]

Expansion into photovoltaic glass

Flat Glass listed shares in Hong Kong in 2015 and subsequently on the Shanghai Stock Exchange in 2019, broadening its access to public investment capital. [2]

Ruan's billionaire wealth is associated with his founder ownership of this expanding industrial company. Available biographical records do not independently establish a disadvantaged socioeconomic upbringing. [3]

Sources for background

Sources reviewed Oct 22, 2026.

  1. Ruan Hongliang · Forbes
  2. Annual Report 2020 and director biography · Flat Glass Group
  3. Flat Glass Group · Forbes

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Sources and calculations

Grizzly Bulls tracks this published net worth estimate over time and separately values identified public holdings when share counts and market prices are available. The total shown at the top currently uses the latest available Forbes estimate; holding values shown on this page do not replace it.

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