Zhang Shiping Net Worth is$3.5 Billion
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Zhang Shiping Net Worth: Zhang Shiping is a Chinese businessman who has a net worth of $3.5 billion. He has acquired most of his wealth as a shareholder and chairman of China Hongqiao, the country's fifth-largest aluminum-products maker. Due to poor market conditions, the group was publicly listed in March 2011 raising $817 million. Ever since its formation in 1994, China Hongqiao has transformed in a large aluminum-processing company that employs 31,872 people. The group, along with its subsidiaries, is now run by Shiping's son, Zhang Bo, who serves as the CEO. Mr. Shiping also holds shares in Weiqiao Textile, where he and his daughter Zhang Yanhong sit on the board. As stock prices for his two listed companies went higher, Zhang Shiping has seen his net worth increase by over $1 billion from a year ago. Married with three children, he currently resides in Binzhou, China.
Zhang Shiping was a merchant from Zhongshan during the late Han Dynasty period of Chinese history. Impressed by Liu Bei, he and Su Shuang sponsored Liu so he could have the funds to recruit a large troop of followers around 180.
In Luo Guanzhong's historical novel Romance of the Three Kingdoms, Zhang and Su Shuang supplied Liu Bei, Guan Yu and Zhang Fei with horses, money, and steel for making weapons. Liu's forces were preparing to fight the Yellow Turban rebels at the time.

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Zhang Shiping Latest News

Hongqiao starts China's first overseas alumina production in Indonesia

Zhang Shiping, Hongqiao's president, said at the opening ceremony that the plant is Hongqiao and China's first overseas investment in alumina refining as well as the first alumina factory in Indonesia ...
Posted: May 21, 2016, 5:18 pm

China slowdown to hurt commodities

“My view might be in contrast to what many economists out there are saying,” said Zhang, daughter of Zhang Shiping, whose family hold 744.94 million shares in Weiqiao, according to data compiled by Bl...
Posted: August 22, 2012, 2:59 am

2698.HK on Hong Kong Stock

Mr. Zhang Shiping is Non-Executive Director of Weiqiao Textile Co Ltd. He graduated from Anhui College of Finance and Trading and obtained a professional diploma in cotton testing. He is qualified sen...
Posted: December 30, 2014, 4:00 pm
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