BillionaireNet
family
Zheng Shuliang & family
Rank #70
CHINAMetals & MiningAluminum products

Zheng Shuliang & family

Net Worth
$30.375B
+0.36% (24h)
Zheng Shuliang, a prominent figure in China's business landscape, leads his family's wealth, primarily derived from aluminum products. At 79 years old, he serves as the Vice Chairman of China Hongqiao Group, one of the world's largest aluminum producers. His career has been marked by strategic investments and a strong work ethic, leading to significant success in real estate and other industries. Zheng is also known for his philanthropic efforts, particularly in education and healthcare, reflecting his commitment to social well-being. His net worth is estimated at $29.7 billion, and he holds the #70 rank in the world. Zheng's family, including his son Zhang Bo, who is chairman and CEO of Hong Kong-listed Hongqiao, and daughter Zhang Hongxia, is actively involved in the business, building on his legacy of hard work and integrity.

The Full Dossier

Early Life and Background

Zheng Shuliang was born in China during a period of rapid economic transformation. His early life was marked by determination and ambition, which set the stage for his future success. He recognized the potential of the real estate sector and the opportunities that came with China's urbanization in the 1990s.

Rise to Success

Zheng's journey to wealth began with investments in construction. Over time, he expanded his business interests to include various sectors, building a diverse portfolio that ensured his financial success. His career took off when he founded a real estate development company, which became one of China's largest and most influential firms. His ability to identify prime locations across major cities was a key factor in his success.

Key Business Strategies

One of the keys to Zheng Shuliang's success is his ability to build strong relationships within the business community. He is known for his extensive network of connections with government officials, investors, and other influential figures in China's real estate industry. Zheng also diversified his portfolio by investing in industries like technology, finance, and manufacturing.

Philanthropy

Zheng Shuliang is a prominent philanthropist, donating to various charitable causes, particularly in education and healthcare. His philanthropic efforts include supporting initiatives that promote sustainable development and environmental conservation. His family has funded numerous educational programs, scholarships, and medical facilities, ensuring that their wealth is used to benefit those in need.

Career Timeline

2024

Weiqiao Textile taken private

Zheng's daughter, Zhang Hongxia, oversaw Weiqiao Textile to be taken private from the Hong Kong Stock Exchange.

2019

Death of Zhang Shiping

Zheng's late husband and founder of Hongqiao, Zhang Shiping, passed away.

2011

Hongqiao Group Listed on HKEX

China Hongqiao Group Limited was listed on the Hong Kong Stock Exchange.

2006

Shifted Focus to Aluminum Production

Hongqiao Group shifted its focus to aluminum production.

1994

Founded Hongqiao Group

Zheng Shuliang founded Shandong Hongqiao, the company that would later become China Hongqiao Group.

Philanthropic Impact

EducationUnknown

Educational Programs

Significant contributions to various educational programs and scholarships.

HealthcareUnknown

Healthcare Facilities

Funding for medical facilities and healthcare initiatives.

EnvironmentUnknown

Environmental Conservation

Support for programs promoting sustainable development and green technologies.

Wealth Trajectory