Billionaire Shen Xiqiang & Family

Overview

Shen Xiqiang is a Chinese billionaire and the founder of the Nanshan Group, one of the largest private conglomerates in China. He has an estimated net worth of $3.3 billion, according to Forbes.

Early Life and Education

Shen Xiqiang was born in 1945 in Jiaodong, Shandong Province, China. He grew up in a poor family and had to drop out of school during the Cultural Revolution.

After the revolution ended, Shen enrolled in the Shandong University of Science and Technology, where he obtained a degree in metallurgical engineering.

Career and Achievements

In the early 1980s, Shen co-founded the Nanshan Group with several associates. The company started out as a small aluminum products manufacturer, but soon expanded into other industries, including real estate, aviation, and finance.

Under Shen’s leadership, the Nanshan Group became one of the largest private conglomerates in China, with over 30,000 employees and annual revenues exceeding $10 billion.

Aside from his business ventures, Shen is also known for his philanthropy. He has donated millions of dollars to various causes, including education, disaster relief, and public health programs.

Personal Life

Shen Xiqiang is married and has two children. He is known for his low-key lifestyle and seldom gives media interviews.

Profile