Zhang Shiping & family: Zhang Shiping & family Net Worth, Biography, Age, Spouse, Children & More

About Zhang Shiping & family

Zhang Shiping (1946-2019), renowned as the "Aluminum King," was a pivotal figure in China's industrial expansion, transforming China Hongqiao Group into the leading aluminum producer worldwide. His passing on May 23, 2019, due to an illness, led to his son, Zhang Bo, taking over as chairman and CEO. Zhang Shiping's illustrious career also includes founding Weiqiao Textile, the largest cotton-textile manufacturer, now managed by his daughter Zhang Hongxia. Notably, his aggressive foray into the aluminum sector propelled Hongqiao's valuation, outstripping competitors like United Co. Rusal and Aluminum Corp. of China Ltd., achieving a global top spot. Listed in Hong Kong in 2011, Zhang's strategic moves in the aluminum and textile industries underscored his exceptional vision, securing him the 484th place on Forbes Billionaires 2019 list with an estimated net worth of $4.7 billion.

Born

March 04, 1947 in China

Died

May 23, 2019 (aged 72)

Source Of Wealth

Aluminum Products

Industries

Metals & Mining

Citizenship

China

Residence

Binzhou

Education

Anhui College of Finance and Trading

Children

Zhang Shiping was born in 1946 in Zouping, Shandong Province, China. Information about his early years and childhood is limited.

Zhang Shiping & family: Family

Zhang Shiping was married and had two children: a son named Zhang Bo and a daughter named Zhang Hongxia.

Zhang Shiping & family: Career Highlights

Zhang Shiping's career highlights include the following:

Promoted to general manager of Zouping's No. 5 Cotton Ginning plant at age 35 in 1981.
Established Weiqiao Textile Co. with other managers in 1994, later becoming the world's largest cotton-yarn and denim maker.
Listed Weiqiao Textile in Hong Kong in 2003.
Decided to move into the aluminum industry, leading to aggressive expansion and the renaming of the company to China Hongqiao Group Ltd.
Surpassed Russian titan United Co. Rusal and China's SOE Aluminum Corp. of China Ltd. to become the largest aluminum producer globally.
Listed Hongqiao in Hong Kong in 2011.

Zhang Shiping & family: Companies

Zhang Shiping was involved with the following companies:

Zouping's No. 5 Cotton Ginning plant
Weiqiao Textile Co.
China Hongqiao Group Ltd.

Zhang Shiping & family: Major Achievements

Zhang Shiping's major achievements include:

Founded Weiqiao Textile, the world's largest cotton-textile maker.
Oversaw the rise of China Hongqiao Group to become the world's largest aluminum producer.

Zhang Shiping & family: Awards & Achievements

Zhang Shiping received numerous awards and achievements, including:

Named "Aluminum King" by the industry.
Ranked 484th on Forbes Billionaires 2019 list with an estimated net worth of $4.7 billion.

Zhang Shiping & family: Personal Life & Legacy

Zhang Shiping was known for his business acumen and aggressive expansion strategies. He passed away on May 23, 2019, due to an unspecified illness. His son, Zhang Bo, succeeded him as chairman and chief executive of Hongqiao.

Zhang Shiping & family: Trivia

Zhang Shiping was a self-made billionaire who started from humble beginnings and built a vast business empire.

Wealth History

Timeline

1946

Zhang Shiping is born.

1981

Zhang Shiping is promoted to general manager of Zouping's No. 5 Cotton Ginning plant at age 35.

1994

Zhang Shiping establishes Weiqiao Textile Co. with other managers.

2003

Weiqiao Textile is listed in Hong Kong.

2011

Hongqiao is listed in Hong Kong.

2019

Zhang Shiping dies on May 23 due to an unspecified illness.

Zhang Shiping & family : FAQs

What is Zhang Shiping's net worth?

As of 2019, Zhang Shiping's net worth was $4.50 billion.

What are Zhang Shiping's main sources of wealth?

Zhang Shiping's main source of income comes from Aluminum Products.

In which industry does Zhang Shiping primarily operate?

Zhang Shiping is primarily involved in the Metals & Mining industry.

What is Zhang Shiping educational background?

Zhang Shiping holds a Anhui College of Finance and Trading.

Is Zhang Shiping dead?

Yes, Zhang Shiping died on May 23, 2019 (aged 72).

How many children does Zhang Shiping have?

Zhang Shiping has 3 children.

Who was Zhang Shiping and why was he known as the 'Aluminum King'?

Zhang Shiping was a prominent Chinese entrepreneur renowned for overseeing China Hongqiao Group's ascent to become the world's top aluminum producer, earning him the title 'Aluminum King'.

When did Zhang Shiping, the founder of China Hongqiao Group, pass away and what was the cause?

Zhang Shiping passed away on May 23, 2019, due to an unspecified illness.

Who succeeded Zhang Shiping at China Hongqiao Group and what was their relation?

Zhang Shiping was succeeded by his son, Zhang Bo, who took over as the chairman and chief executive of China Hongqiao Group.

Can you list some key milestones in Zhang Shiping's career before his venture into the aluminum industry?

Before his venture into the aluminum industry, Zhang Shiping founded Weiqiao Textile, the world's largest cotton-textile maker, and was promoted to general manager of Zouping's No. 5 Cotton Ginning plant. He established Weiqiao Textile Co. in 1994, eventually leading it to become the largest maker of cotton-yarn and denim, and listed it in Hong Kong in 2003.

What led to China Hongqiao Group's rise as the world's largest aluminum producer under Zhang Shiping's leadership?

Under Zhang Shiping's leadership, China Hongqiao Group underwent aggressive expansion and moved into the aluminum industry, ultimately surpassing rivals to become the largest aluminum producer globally. The company was listed in Hong Kong in 2011, marking a significant milestone in its history.