Key facts
- Chen Ailian, known as China's 'Wheel Queen,' has a net worth of US$1.6 billion.
- She founded Zhejiang-based Wanfeng Auto Holding Group.
- The company is the world's largest producer of aluminum wheel hubs and magnesium alloy.
- Wanfeng Auto Holding Group is also involved in aircraft manufacturing and the general aviation supply chain.
- Chen began her career driving a tractor and rewarded employees with BMWs.
Chen Ailian, a self-made entrepreneur known as China's 'Wheel Queen,' has garnered attention for her US$1.6 billion manufacturing empire. Four decades ago, she challenged gender norms by working as a tractor driver. Today, her company, Zhejiang-based Wanfeng Auto Holding Group, stands as the global leader in niche products like aluminum wheel hubs and magnesium alloy. Beyond automotive components, the group has expanded into aircraft manufacturing, covering the entire general aviation industry supply chain. As a testament to her success and appreciation for her team, Chen has reportedly gifted 100 BMW cars to her key employees.