In 1999, Wang Kunxiao co-founded Yantai Jereh Oilfield Services Group in China’s Shandong province with a straightforward mission — to make money to improve life for him and his family.
Fast-forward to 2011, and Jereh had grown to become the world’s largest fracturing equipment fabricator, according to deliveries. An intial public offering on the Shenzhen Stock Exchange then made Wang wealthy enough to appear on the Forbes China Rich List.