Billionaire Profile
Chen Shiliang
Global Rank
#2474

Image: MiamiFilmFestival | CC BY-SA 2.0 | via Wikimedia Commons

Chen Shiliang

CEO, polyester
CHINA
Real-Time Net Worth
$1.534B
Estimated based on polyester stock value as of March 6, 2026
+1.81% (24h)
Age
62
Source
Polyester
Industry
Manufacturing
Citizenship
CHINA

Biography

Chen Shiliang, a prominent figure in the textile industry, is the chairman of Tongkun Group. Born in 1963, Chen's career began with a county-owned chemical fiber plant, which he transformed into a leading textile giant under the "Golden Cock" brand. His focus on sustainability has positioned Tongkun Group as a leader in eco-friendly textile production. Chen's estimated net worth is $1.5 billion, stemming from his involvement in the polyester manufacturing industry. He is also known for his philanthropic efforts in education, healthcare, and disaster relief, embodying his belief in the power of business to effect positive social change.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Chen Shiliang was born in 1963 in Zhouquan Farmhouse, Tongxiang. His early life was marked by the values of hard work and perseverance. In 1980, he was a substitute teacher. Chen's foray into the textile industry began in 1991 when he took charge of a county-owned chemical fiber plant facing bankruptcy.

Rise to Success

Under Chen's leadership, the chemical fiber business underwent a significant transformation. Recognizing the potential for growth, Chen embarked on strategic expansion and technological advancement. The reorganization of the company in 1999, where Chen and other managers were granted shares, solidified their stake in the company's future. Under Chen's stewardship, Tongkun Group has grown exponentially.

Key Business Strategies

Chen's leadership led to Tongkun Group's diverse product portfolio, including polyester filament yarns and polyethylene terephthalate (PET) chips. His focus on sustainability has also significantly contributed to the company's success, championing green manufacturing processes and investing in technologies to reduce waste. This has improved Tongkun Group's environmental footprint.

Philanthropy

Chen is recognized for his philanthropic efforts in education, healthcare, and disaster relief.

Career Milestones

1991

Took charge of a county-owned chemical fiber plant

Chen began his journey in the textile industry by taking charge of a struggling chemical fiber plant, marking the beginning of his successful career.

1999

Company Reorganization

Chen and other managers were granted shares of Tongkun, solidifying their stake in the company's future.

Philanthropy & Social Impact

Social Development

Various Initiatives

$XB

Chen supports education, healthcare, and disaster relief.

Business Philosophy & Leadership

Leadership Principles

Humility, foresight, and pursuit of excellence

Chen's leadership style has earned him respect in the textile industry.

Commitment to sustainability

Championing green manufacturing processes.