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.
Biography/Timeline
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.
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.