Tong Jinquan

About Tong Jinquan

Birth Year: 1954
Birth Place: Shanghai, China, China
Residence: Shanghai, China
Occupation: Chairman, Summit Property Development
Children: 2

Tong Jinquan Net Worth

Tong Jinquan was bornon 1954 in Shanghai, China, China. Tong Jinquan chairs privately-held real estate developer Summit Group. From its headquarters in Shanghai, elementary school dropout Tong built an empire that includes projects in Shenyang and Anshan.
Tong Jinquan is a member of Real Estate

💰 Net worth: $2.3 Billion (Updated at 22 June 2018)

2010 $1.3 Billion
2011 $1.3 Billion
2012 $1.6 Billion
2013 $2.5 Billion
2014 $2.7 Billion
2015 $4.7 Billion
2016 $4.4 Billion
2017 $4.4 Billion
2018 $2.36 Billion

Biography/Timeline

1954

Tong Jinquan was born in Shaoxing, Zhejiang Province, China in 1954, the seventh of nine children of parents who ran a grocery store.

1975

Tong Jinquan started work in 1975, at a local table tennis equipment factory. By 1983, he had become general manager at another sporting goods company. In 1992, he founded Summit Property Development in Shanghai.

2015

His company, Summit has invested more than $1 billion in a commercial complex in Chengdu. He has significant stakes in three Singapore REITs: Viva Industrial, Cambridge Industrial, Sabana Shari'ah Compliant Industrial Trust, and Suntec. According to Forbes, Tong Jinquan has a net worth of $4.7 billion, as of January 2015.