BillionaireNet
Shiliang
Chen Shiliang
Rank #3059
CHINAManufacturingPolyester

Chen Shiliang

Net Worth
$1.05B
+4.36% (24h)
Chen Shiliang, a self-made billionaire, is the chairman of Tongkun Group, a leading textile giant known for its "Golden Cock" brand. His estimated net worth is $1.0 billion. Chen's career began in 1991 when he took charge of a struggling chemical fiber plant, transforming it into a global leader in the polyester industry. His source of wealth is primarily from the Polyester industry. Chen is recognized for his leadership, focus on sustainability, and contributions to social development, including education and healthcare. As of 2024, he continues to lead Tongkun Group, which is known for its innovative practices.

The Full Dossier

Early Life

Chen Shiliang was born in 1963 in Zhouquan Farmhouse, Tongxiang, Zhejiang province, China. Growing up, he aspired to move beyond the farming sector. He briefly worked as a substitute teacher in 1980.

Rise to Success

Chen's career in the textile industry began in 1991 when he took charge of the Tongxiang County Chemical Fiber Factory. The company was on the brink of bankruptcy. Under Chen's leadership, the company underwent significant transformation, focusing on strategic expansion and technological advancements. The reorganization in 1999, where Chen and other managers were granted shares, solidified their stake in the company's future, fostering a culture of innovation and accountability. Under Chen's leadership, Tongkun Group expanded significantly. Today, Tongkun Group has total assets and annual sales exceeding 100 billion yuan, and its polyester filament production capacity ranks first in the world.

Key Business Strategies

One of Chen Shiliang's most significant contributions to Tongkun Group has been his focus on sustainability. The company's commitment to sustainable practices has positioned it as a leader in eco-friendly textile production.

Philanthropy

Chen Shiliang is recognized for his philanthropic efforts. He has sought to give back to the community through various initiatives and charitable contributions, extending to education, healthcare, and disaster relief.

Career Timeline

Ongoing

Chairman of Tongkun Group

Leads Tongkun Group, a global leader in the chemical fiber industry.

1999

Company Reorganization

Granted shares to managers, including Chen, solidifying their stake in the company.

1991

Took charge of the Tongxiang County Chemical Fiber Factory

Oversaw the transformation of a struggling chemical fiber plant.

Philanthropic Impact

EducationUndisclosed

Education Support

Supports educational initiatives.

HealthcareUndisclosed

Healthcare Contributions

Contributes to healthcare initiatives.

Disaster ReliefUndisclosed

Disaster Relief

Provides support for disaster relief efforts.

Wealth Trajectory