Name Zhang Li | Role Entrepreneur | |
Born 1953 Guangzhou, Guangdong, China Occupation Founder & President
Fuli Group Net worth US$2.850 billion (2013) | ||
Zhang Li (simplified Chinese: 张力; traditional Chinese: 張力; pinyin: Zhāng Lì; Cantonese Yale: Cheung1 Lik6; born 1953 in Guangzhou, Guangdong), is a Chinese entrepreneur and billionaire. He is President of the Fuli Group (富力集團/富力集团). In Hurun Report's 2013 China Rich List he was the 57th richest person in China with a net-worth of around $2.850 billion.
Biography
Zhang was born in Guangzhou, Guangdong, China in 1953.
Zhang at beginning was an industrial worker in a textile factory (since 1973), later became an official served in the local government. 1986, He became the chief manager of the Garden Village Hotel (Chinese: 花园村酒店). 1988, he first entered the constructional industry, then developed his own business in the field of real estate. He has a long cooperation with the Hong Kong-based businessman LI Silian (Chinese: 李思廉).
2002, Zhang first invested in Beijing, with 3.2 billion Chinese Yuan. He mainly invested in real estate in Beijing, to fit the demands of the Beijing 2008 Olympic Games.
In Hurun Report 2004 China Rich List, Zhang was ranked among top 100 with a wealth of 1.5 billion Chinese Yuan. In 2005's Hurun China Rich List, Zhang was ranked No.43 with 2.8 billion Chinese Yuan. In 2007's Forbes Mainland China Rich List (Chinese: 福佈斯中國富豪榜), Zhang was ranked No.4 with $4.075 billion.