Chinese Billionaire : Zhang Jindong
Zhang Jindong (birthed 1963), is a Chinese business owner. He is one the creator and also current biggest shareholder of the Suning Team, headquartered in Nanjing, Jiangsu . He additionally had 100% in Suning Holdings Group, 65% in Suning Real Estate in addition to 48.1% risk in Suning Team as the 2nd biggest investor.
He was likewise the managing director and general manager of Suning Holdings Team, chairman of Suning Commerce Group.
Zhang Jindong was birthed in Anhui Province in 1963. He finished from the Nanjing Normal College as well as studied Chinese literary works.Zhang Jindong along with his old bro Zhang Guiping opened a store on Ninghai Roadway edge Jiangsu Road in Nanjing, selling air conditioning and also related products in 1990, The brand name Suning came from selecting one word each from Jiang-su and also Ning-hai; the roadways theselves were called after the city and of the name.
Later on Zhang Guiping gave up from this organisation but moved right into real estate, now known as Suning Universal. Nevertheless, Zhang Jindong additionally started his very own realty firm Suning Realty some time later.
Zhang Jindong additionally developed his small store right into a gigantic business team– the Suning Group, with just 15 years.
He additionally located and also co-found Suning Holdings Team as well as Suning Appliance Team as unlisted part of the his organisation empire, leaving Suning Business Group as the only listing company. In 2013’s Hurun Record’s China Rich List, Zhang was placed No. 9 with $6.4 billion. [6] Zhang Jindong was placed 28th in 2015 Forbes’s China Rich Listing.He was additionally elected to the National Committee of the Chinese People’s Political Consultative Seminar, a senior governmental body.
- Zhang Jindong chairs Suning.com, one of China’s largest appliance retailers and e-commerce companies.
- Suning Sports Media Group received $600 million in A-round financing in 2018 that valued the business at $2.6 billion.
- In June 2016 his private firm Suning Holdings bought 70% of F.C. Inter Milan for $300 million; his firm also owns 61% of online broadcaster PPTV.
- Jindong’s brother Zhang Guiping is also one of China’s richest businesspeople.
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