Sir Steel (voiced by Doug Erholtz in English) is a conceited wealthy entrepreneur who comes up with various plans either for profit or to simply provide himself with convenience even if it means causing problems in the city or wilderness which he does not seem to mind or realize. Though not entirely bald (he has a small hook of hair at the very top), Sir Steel wears a wig which is seen coming off sometimes. He is also the main antagonist of the series.
I don't like wealthy entrepreneurs either but I would be cautious about letting kids watch Chinese cartoons especially. China is undoubtedly trying to get a solid spot in the global animation industry and it's definitely the CCP behind this push. I think they are after the influence opportunities. Of course, US producers have long dominated the industry and churned out way too many rags-to-riches stories but you should not cheer if it's another extremist group that's challenging the status quo.