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Zhang Jindong – Billionaire

 

Zhang Jindong (birthed 1963), is a Chinese business owner. He is one the owner as well as present biggest investor of the Suning Business Team, located in Nanjing, Jiangsu . He likewise had 100% in Suning Holdings Team, 65% stake in Suning Realty along with 48.1% stake in Suning Device Team as the 2nd biggest investor.

He was likewise the taking care of supervisor and also basic supervisor of Suning Holdings Team, chairman of Suning Business Team.
Bio

Zhang Jindong was birthed in Anhui District in 1963. He finished from the Nanjing Typical College and also researched Chinese literary works.

Zhang Jindong along with his old sibling Zhang Guiping (Chinese: 张桂平) opened up a store on Ninghai Roadway (Chinese: 宁海路) edge Jiangsu Roadway in Nanjing, air conditioning and also relevant items in 1990, The brand name Suning originated from selecting one word each from Jiang-su and also Ning-hai; the roadways theselves were called after the city as well as province of the very same name. Later on Zhang Guiping stopped from this company yet changed right into property, currently referred to as Suning Universal. Nevertheless, Zhang Jindong likewise began his realty firm Suning Realty a long time later on.

Zhang Jindong additionally established his little store right into a gigantic organisation team– the Suning Team, with just 15 years. He likewise located as well as co-found Suning Holdings Team as well as Suning Home appliance Team as non listed section of the his company , leaving Suning Business Team as the only listing business. In 2013’s Hurun Record’s China Rich Listing, 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 chosen to the National Board of the Chinese Individuals’s Political Consultative Meeting, an elderly governmental body.

Zhang is founder and chairman of Suning Commerce Group, an electronics retailer in China. The Nanjing-based company has more than 10 million household products available for sale through its e-commerce platform and network of 4,000 stores across 600 cities. The retailer has also diversified into real estate development.

Source:

  1. Wikipedia
  2. bloomberg

 

 

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