Billionaire Zhang Wanzhen
Zhang Wanzhen is a Chinese billionaire who made his fortune through his involvement in the real estate and construction industries. He is the founder and chairman of the Hong Kong-based Logan Property Holdings Company Limited, which has become one of China’s leading property developers under his leadership. With a net worth of $4.7 billion as of 2021, he is one of the wealthiest individuals in China.
Early Life and Education
Zhang Wanzhen was born in 1961 in Shanwei, Guangdong Province, China. He grew up in a rural area, and his parents were farmers. He was the youngest of seven siblings.
Zhang Wanzhen did not have the opportunity to attend high school because of his family’s financial situation. However, he was determined to improve his life and started working as a construction worker after finishing middle school. While working, he also attended night school to obtain his high school diploma.
After completing his high school education, Zhang Wanzhen went on to study civil engineering at Guangdong University of Technology. He graduated in 1991 with a bachelor’s degree.
Career and Achievements
After graduating from university, Zhang Wanzhen started his career in the construction industry. He worked for several companies, including the China State Construction Engineering Corporation, one of China’s largest construction companies.
In 1996, Zhang Wanzhen founded Logan Property Holdings Company Limited, which started as a construction company. Over time, the company expanded into property development and became one of China’s leading property developers.
Under Zhang Wanzhen’s leadership, Logan Property Holdings has completed many high-end residential and commercial projects in China. The company has also expanded into other countries, including Singapore and Hong Kong.
In addition to his success in the real estate industry, Zhang Wanzhen has also been recognized for his philanthropic efforts. He donated $5 million to build a school for orphaned children in Guangdong Province, and he has also been involved in other charitable activities.
Zhang Wanzhen is married and has two children. He is known for his low-key lifestyle and is not often seen in public. He enjoys fishing and collects antique vases as a hobby.
|Sector||Real Estate and Construction|
|Companies||Logan Property Holdings Company Limited|
|Net Worth||$4.7 billion|
|Forbes URL href||https://www.forbes.com/profile/zhang-wanzhen/?sh=6673950142dd|