Zhang Jindong

Zhang Jindong
张近东
Born (1963-03-10) March 10, 1963
Anhui, China
Alma mater Nanjing Normal University
Occupation Founder & President of Suning Commerce Group
Owner of Suning Real Estate
Owner of Suning Holdings Group
Major Shareholder of Suning Appliance Group
Net worth Increase US$4.3 billion (November 2016)[1]
This is a Chinese name; the family name is Zhang.

Zhang Jindong (simplified Chinese: 张近东; traditional Chinese: 張近東; pinyin: Zhāng Jìndōng; born 1963 in Anhui), is a Chinese entrepreneur. He is one the founder and the Chairman of the Suning Commerce Group, headquartered in Nanjing, Jiangsu Province. He also owned 100% stake in Suning Holdings Group, 65% stake in Suning Real Estate[2] as well as 48.1% stake in Suning Appliance Group as the second largest shareholder.

Biography

Zhang Jindong was born in Anhui Province in 1963. He graduated from the Nanjing Normal University and studied Chinese literature. After graduation, Zhang Jindong first worked in a cloth factory named Haowei Group (Chinese: 豪威集团) between 1985~1989.

Zhang Jindong together with his old brother Zhang Guiping (Chinese: 张桂平) opened a shop on Ninghai Road (Chinese: 宁海路) corner Jiangsu Road in Nanjing, selling air conditioning and related products in 1990,[3] The brand Suning came from choosing one word each from Jiang-su and Ning-hai; the roads theselves were named after the cities of the same name. Later Zhang Guiping quit from this business but shifted into real estate, now known as Suning Universal. However, Zhang Jindong also started his own real estate company Suning Real Estate some time later.

Zhang Jindong further developed his small shop into a giant business group - the Suning Group, with only 15 years. He also found and co-found Suning Holdings Group and Suning Appliance Group as unlisted portion of the his business empire, leaving Suning Commerce Group as the only listing company. In 2013's Hurun Report's China Rich List, Zhang was ranked No.9 with $6.4 billion .[4] Zhang Jindong was ranked 28th in 2015 Forbes's China Rich List.[1]

Currently he sits on the National Chinese People's Political Consultative Committee, a senior governmental body.[3]

Personal life

He is the father of Zhang Kangyang (Steven).[5] Steven was one of the member of the board of directors of Inter Milan.[6] Steven also owned 10% stake in Suning Real Estate, one of the company of his father's business empire.

See also

References

  1. 1 2 Russell Flannery. "Zhang Jindong". Forbes.
  2. ↑ "关于苏宁云商集团股份有限公司部分商标转让及使用许可关联交易的保荐机构意见" [Comments on Suning Commerce Group selling some registered trademarks to related-parties] (PDF). China Merchants Securities (in Chinese). hosted by SZSE. 31 March 2016. Retrieved 8 June 2016.
  3. 1 2 "Suning appliance king Zhang Jindong set to plug into foreign markets". Telegraph.co.uk. 25 August 2009.
  4. ↑ "胡润百富 - www.hurun.net".
  5. ↑ http://www.nerazzurriale.com/2016/06/30/zhang-jindong-dan-suning-tinggalkan-milan-steven-zhang/
  6. ↑ "Organization Chart". F.C. Internazionale Milano – Official website. Retrieved 10 September 2016.

External links

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