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Chinese Billionaire : Zhang Xiugen

Chinese Billionaire : Zhang Xiugen

REAL TIME NET WORTH
$2B
as of 5/27/19
  • Zhang Xiugen is the chairman of Chinese automaker Hawtai Motor.
  • In 2017, Hawtai announced that it was acquiring a 20% stake in Shanghai-listed company Liaoning SG Automotive Group; the transaction closed in 2018.
  • Zhang was in the People’s Liberation Army from 1979 to 1983.
  • He later led a construction company in Mongolia for 12 years and then entered the auto business in 2000.

Source:

  1. Forbes
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