Zhang Yin

$1.75 B

Ranked #2295 in World

About Zhang Yin

Zhang Yin, a luminary Chinese entrepreneur and the influential founder of Nine Dragons Paper Holdings Limited, China's leading paper production giant, has carved a significant niche in Greater China's wealth sphere. Born in 1957 in Shaoguan, Guangdong, Zhang Yin, originally named Xiuhua, embarked on her entrepreneurial journey with humble beginnings, never attending college due to early financial responsibilities. Her venture into the wastepaper trade between Hong Kong and China in 1985, and subsequently founding America Chung Nam in Los Angeles in 1990, which rose to become the top American paper exporter by 2001, underscores her strategic foresight. Nine Dragons Paper's exponential growth, spotlighted by a successful IPO in March 2006, asserts Zhang’s pivotal role in Asia’s and subsequently the global paper industry. Despite facing criticism for proposed tax reforms and labor practices, Zhang Yin's accolades, including topping the Hurun Report's richest list in China in 2006 and being named Asian CEO of the Year in 2014, alongside her personal journey from a young accountant to a business magnate, reflect a narrative of resilience and innovative leadership in the finance sector.

Born

February 01, 1957 in Shaoguan, Guangdong, China

Age

69 years

Source Of Wealth

Paper Manufacturing

Industries

Manufacturing

Citizenship

China

Residence

Dongguan

Spouse

Liu Ming Chung (second husband)

Children

Zhang Yin, born Xiuhua in 1957, hails from Shaoguan, Guangdong, China. Her father, a lieutenant in the Red Army, faced imprisonment during the Cultural Revolution, shaping her early life. Despite these challenges, Zhang Yin demonstrated resilience and determination from a young age.

Zhang Yin: Family

Zhang Yin's family background played a significant role in her upbringing. Her father's military service and subsequent imprisonment during the Cultural Revolution impacted her family's stability. However, Zhang Yin's unwavering spirit and hard work allowed her to overcome these obstacles and achieve remarkable success.

Zhang Yin: Career Highlights

Zhang Yin's career journey is marked by several notable achievements. She began working at a young age to support her family, taking on roles such as a bookkeeper in a Guangdong textile factory. Her pursuit of knowledge led her to attend trade school for accounting, honing her skills in the field.

Recognizing opportunities in Hong Kong's wastepaper trade with China, Zhang Yin ventured into entrepreneurship by establishing the paper trading company Ying Gang Shen in Hong Kong in 1985. Her vision and business acumen propelled her to move to Los Angeles in 1990, where she co-founded America Chung Nam with her second husband, Liu Ming Chung. This company eventually became the leading American paper exporter from 2001 onwards.

In 1995, Zhang Yin returned to Hong Kong and co-founded Nine Dragons Paper Holdings Limited with her husband and brother. This company's remarkable growth and success led to a substantial initial public offering in March 2006 at the Hong Kong Stock Exchange, raising almost $500 million. Through strategic investments and expansion, Nine Dragons Paper Holdings Limited became Asia's first and subsequently the world's largest maker of packaging paper by 2009.

Zhang Yin: Companies

Zhang Yin's entrepreneurial ventures include:

Ying Gang Shen (Hong Kong paper trading company)
America Chung Nam (American paper exporter)
Nine Dragons Paper Holdings Limited (China's largest paper maker)

Zhang Yin: Major Achievements

Zhang Yin's major achievements encompass:

Becoming the first woman to top the list of richest people in China published by the Hurun Report in 2006.

Being named Asian CEO of the Year for 2014 at RISI's 15th annual Asian Pulp and Paper Conference.
Transforming Nine Dragons Paper Holdings Limited into the world's largest maker of packaging paper.

Zhang Yin: Awards & Achievements

Zhang Yin's contributions to the business world have been recognized through prestigious awards, including:

Asian CEO of the Year for 2014 at RISI's 15th annual Asian Pulp and Paper Conference.
Named one of the "50 Most Powerful Women in Business" by Fortune magazine in 2008.
Recipient of the "Ernst & Young Entrepreneur of the Year Award" in China in 2006.

Zhang Yin: Personal Life & Legacy

Zhang Yin's personal life is marked by her strong family ties. She has two children who reside and study in the United States. As a follower of Buddhism, she finds spiritual guidance and inner peace in her religious beliefs. Additionally, Zhang Yin holds a green card, reflecting her global connections and opportunities.

Zhang Yin: Trivia

Here are some interesting facts about Zhang Yin:

She changed her name from Xiuhua to Yin, symbolizing a fresh start and new beginnings.
Despite her immense wealth, Zhang Yin is known for her frugal lifestyle and modest personal expenses.
Her proposed tax reforms sparked controversy, highlighting her influence and impact on policy discussions.
Nine Dragons Paper Holdings Limited faced accusations of unethical labor practices, leading to labor strikes and public scrutiny.

Wealth History

Timeline

1957

Zhang Yin was born in Shaoguan, Guangdong, China.

1985

Zhang Yin opened the paper trading company Ying Gang Shen in Hong Kong.

1990

Zhang Yin moved to Los Angeles and founded America Chung Nam with her second husband, Liu Ming Chung.

1995

Zhang Yin returned to Hong Kong and cofounded Nine Dragons Paper Holdings Limited with her husband and brother.

2001

America Chung Nam became the number one American paper exporter.

2006

Nine Dragons Paper Holdings Limited raised almost $500 million in an initial public offering at the Hong Kong Stock Exchange.

2006

Zhang Yin became the first woman to top the list of richest people in China published by the Hurun Report.

2009

Nine Dragons Paper Holdings Limited invested $800 million and more than doubled production capacity, becoming Asia's first and then the world's largest maker of packaging paper.

2014

Zhang Yin was named Asian CEO of the Year for 2014 at RISI's 15th annual Asian Pulp and Paper Conference.

Zhang Yin : FAQs

What is Zhang Yin's current net worth?

Zhang Yin's current net worth is $1.75 billion.

What is Zhang Yin's current global rank among billionaires?

Zhang Yin holds the 2295th position globally among billionaires.

What is Zhang Yin's current ranking within the China?

Zhang Yin holds the 304th position in China.

What was the change in Zhang Yin's net worth compared to the previous year?

Zhang Yin's net worth increased by 106.76 million dollars compared to the previous year 2025, when her net worth was 1.64 billion dollars.

What are Zhang Yin's main sources of wealth?

Zhang Yin's main source of income comes from Paper Manufacturing.

In which industry does Zhang Yin primarily operate?

Zhang Yin is primarily involved in the Manufacturing industry.

How old is Zhang Yin?

Zhang Yin is 69 years old.

How many children does Zhang Yin have?

Zhang Yin has 2 children.

Who is Zhang Yin and what is her contribution to the paper industry?

Zhang Yin is a Chinese entrepreneur, founder and director of Nine Dragons Paper Holdings Limited, the biggest paper maker in China. She is recognized for transforming China's paper making industry and becoming one of the richest people in greater China.

What are some key milestones in Zhang Yin's early life and career?

Born in 1957 in Shaoguan, Guangdong, Zhang Yin changed her name from Xiuhua to Yin, worked as a bookkeeper, and moved to Shenzhen to further her career. She also founded the paper trading company Ying Gang Shen in Hong Kong in 1985, showcasing her early influence in the industry.

How did Nine Dragons Paper Holdings Limited become a leading company under Zhang Yin's leadership?

Under Zhang Yin's leadership, Nine Dragons Paper Holdings Limited raised almost $500 million in an IPO in March 2006, and invested $800 million to more than double its production capacity by 2009, becoming the world’s largest maker of packaging paper.

What controversies and challenges has Zhang Yin faced?

Zhang Yin faced controversies including proposed tax reforms and being accused of unethical labor practices at Nine Dragons, which led to labor strikes. Despite these challenges, she remained a significant figure in the paper industry.

What accolades and personal details are notable in Zhang Yin’s life?

Zhang Yin became the first woman to top China's richest people list in 2006, was named Asian CEO of the Year in 2014, follows Buddhism, holds a green card, and her children live and study in the United States, highlighting her personal achievements and lifestyle.