Chinese Billionaire : Zhang Xin
Zhang Xin (simplified Chinese: 张欣; traditional Chinese: 張欣; pinyin: Zhāng Xīn, also known as Xin Zhang and Xin “Shynn” Zhang,[4] born 1965) is a Chinese billionaire businesswoman, having primarily amassed her fortune in the real estate industry. With her husband Pan Shiyi, she is the co-founder and CEO of SOHO China.
Raised in meager circumstances in Beijing and Hong Kong, where she was a factory worker for a time, Zhang eventually came to own companies responsible for dozens of real estate developments in Beijing and Shanghai. In the mid-2010s, Zhang began a transition from a business model of building and selling properties to one of buying and leasing them.[5] Zhang also acquired large stakes in New York City’s Park Avenue Plaza and General Motors Building,[6][7][8][2] and launching the SOHO 3Q shared office space sector for this purpose in February 2015.[9] In 2014, Zhang was listed as the 62nd most powerful woman in the world by Forbes,[10] and is “regularly named one of the top businesswomen in the world”.[2] Zhang and her husband were also previously ranked by Forbes among the “world’s most powerful couples”.[11] As one of China’s best known female entrepreneurs, Zhang has an online following of over 10 million on Sina Weibo, the Chinese equivalent of Twitter.
Zhang and Shiyi founded the SOHO China Foundation in 2005 as a philanthropic organization to engage in education focused initiatives to alleviate poverty. In July 2014, the Foundation announced the SOHO China Scholarships a $100 million initiative to endow financial aid scholarships at leading international universities.[12]
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