He is the chairman of the company and holds a majority stake in the company.
Zhang Keqiang is a Chinese businessman with a net worth of $960 million. His wealth was largely attributed to a surge in shares of Poly Real Estate Group, of which he is the chairman and majority stakeholder. This has made him one of the wealthiest people in China.
Zhang Keqiang is a member of Executives
Age, Biography and Wiki
💰 Net worth: $1.4 Billion (2024)
Zhang Keqiang's net worth is predicted to reach an estimated $1.4 billion by 2024, reinforcing his prominent stature as the chairman of the company. Additionally, his significant stake in the company strengthens his position and influence within its operations and decision-making processes. This considerable wealth signifies Zhang's success in steering the company to profitability and his ability to capitalize on its growth opportunities. As the majority stakeholder, his ownership further solidifies his commitment and dedication to the company's sustainable and prosperous future.
As a co-founder of the group, Zhang owns more than 200 million shares in the company and that is the main source of his wealth. In addition, he also owns valuable stakes in other listed companies, including Qinghai Salt Lake Industry Group, China's leading potash producer. However, the above investment has brought him more misery than actual benefit. In January 2011, Zhang got arrested on charges of defrauding the state when he bought stakes in Qinghai Salt Lake. After two years imprisonment, he is still awaiting the judgment for his case.
