Age, Biography and Wiki
| Birth Year | 1954 |
| Birth Place | Shanghai, China, China |
| Age | 69 YEARS OLD |
| Residence | Shanghai, China |
| Occupation | Chairman, Summit Property Development |
| Children | 2 |
Net worth: $2.7 Billion (2024)
Tong Jinquan, a prominent figure in China's real estate industry, is predicted to have a net worth of $2.7 billion by 2024. With his expertise in the sector, Tong has successfully built a reputation for himself as a prominent real estate tycoon. His strategic investments and meticulous business acumen have led to tremendous success, further solidifying his position as one of the wealthiest individuals in the industry. As the Chinese real estate market continues to grow and thrive, Tong Jinquan's net worth is expected to soar, showcasing his significant contributions to the sector.
Biography/Timeline
Tong Jinquan was born in Shaoxing, Zhejiang Province, China in 1954, the seventh of nine children of parents who ran a grocery store.
Tong Jinquan started work in 1975, at a local table tennis equipment factory. By 1983, he had become general manager at another sporting goods company. In 1992, he founded Summit Property Development in Shanghai.
His company, Summit has invested more than $1 billion in a commercial complex in Chengdu. He has significant stakes in three Singapore REITs: Viva Industrial, Cambridge Industrial, Sabana Shari'ah Compliant Industrial Trust, and Suntec. According to Forbes, Tong Jinquan has a net worth of $4.7 billion, as of January 2015.
