Zhang Jindong
Fashion and Retail

Zhang Jindong Net Worth

Zhang Jindong was born in 1963 in Nanjing, China and is the chairman of Suning Commerce Group, one of China's largest appliance retailers. He has made a number of investments, including the purchase of 70% of F.C. Inter Milan for $300 million and 61% of online broadcaster PPTV. His brother Zhang Guiping is also a billionaire.
Zhang Jindong is a member of Fashion and Retail

Age, Biography and Wiki

Birth Year 1963
Birth Place Nanjing, China, China
Age 60 YEARS OLD
Alma mater Nanjing Normal University
Occupation entrepreneur politician
Known for Owner of Suning Holdings Group Major shareholder of Suning Appliance Group Major shareholder of Suning.com Owner of Suning Real Estate Major shareholder of Inter Milan
Board member of Suning Holdings Group (managing director) Suning.com (chairman) Suning Holdings Group(managing director)Suning.com(chairman)
Children Steven Zhang (Zhang Kangyang) 1 other child
Other political affiliations All-China Youth Federation All-China Federation of Industry and Commerce
Simplified Chinese 张近东
Traditional Chinese 張近東
TranscriptionsStandard MandarinHanyu Pinyin Transcriptions Standard Mandarin Hanyu Pinyin Zhāng Jìndōng Zhāng Jìndōng
Hanyu Pinyin Zhāng Jìndōng

💰 Net worth: $7.4 Billion (2024)

Zhang Jindong, renowned as a prominent figure in the world of fashion and retail in China, is expected to witness his net worth soar to an impressive $7.4 billion by 2024. As the founder of Suning Holdings Group, Jindong has played a significant role in establishing the company as one of China's leading retailers, specializing in consumer electronics, e-commerce, and sports. With his shrewd business acumen and visionary leadership, Zhang Jindong continues to make substantial strides in the fashion and retail industry, solidifying his reputation as a successful entrepreneur and a key player in China's economic landscape.

2009 $2.7 Billion
2010 $4.5 Billion
2011 $5 Billion
2012 $4.5 Billion
2013 $3.3 Billion
2014 $3.7 Billion
2015 $4.2 Billion
2016 $3.8 Billion
2017 $4.1 Billion
2018 $6.11 Billion

Biography/Timeline

1963

Zhang Jindong was born in Anhui Province in 1963. He graduated from the Nanjing Normal University and studied Chinese literature.

2013

Zhang Jindong further developed his small shop into a giant Business group - the Suning Group, in the space of only 15 years. He also founded and co-founded Suning Holdings Group and Suning Appliance Group respectively, as unlisted portions of his Business empire, leaving Suning Commerce Group as the only listing company. In 2013's Hurun Report's China Rich List, Zhang was ranked No.9 with $6.4 billion. Zhang Jindong was ranked 28th in 2015 Forbes's China Rich List.

2016

On 6 June 2016 Zhang Jindong, via his own private holding company Suning Holdings Group, signed a contract to purchase the majority stake in Italian football club Inter Milan, by purchasing existing shares and through recapitalization. The deal was approved by the extraordinary general meeting on 28 June 2016, which after the deal, Suning Holdings Group owned 68.55% shares.

Some Zhang Jindong images

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.