Billionaire Profile
Chen Shiliang
Global Rank
#2826

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

Chen Shiliang

CEO, polyester
CHINA
Real-Time Net Worth
$1.366B
Estimated based on polyester stock value as of April 20, 2026
+1.46% (24h)
Age
62
Source
Polyester
Industry
Manufacturing
Citizenship
CHINA

Biography

Chen Shiliang, a 62-year-old Chinese billionaire, is the chairman of Tongkun Group. His estimated net worth of $1.7 billion stems from his ventures in the polyester manufacturing industry. Chen's career began in 1991 when he took charge of a struggling chemical fiber business, later transforming it into the prominent Tongkun Group. His achievements include leading Tongkun to become a global leader in the chemical fiber industry. Chen's focus on 'one heart, one muscle, one thread' and commitment to benefiting the country and people's livelihood has been central to the group's success.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Chen Shiliang was born in 1963 in Tongxiang, Zhejiang, China. His early life was rooted in the rural farming sector, and his initial ambition was to move beyond farming. In 1980, he became a substitute teacher, marking a step toward achieving his early goals.

Rise to Success

Chen's career took a significant turn in 1991 when he took charge of the Tongxiang County Chemical Fiber Factory, the predecessor of Tongkun Group. At the time, the chemical fiber industry was booming. Chen, along with other managers, received shares in Tongkun when the company reorganized in 1999. Under his leadership, Tongkun Group has grown to become a global leader in the chemical fiber industry. Chen's belief in 'one heart, one muscle, one thread' and the value of the fiber business for the country and people has been pivotal to this success.

Key Business Strategies

Chen Shiliang's leadership has been marked by strategic decisions that turned a struggling enterprise into a major player in the polyester market. His ability to navigate economic challenges, including multiple international economic crises, has been key. Tongkun's focus on innovation and its commitment to benefiting the country and people's livelihood have been instrumental in its counter-cyclical development.

Philanthropy

Specific philanthropy amounts were not found. Chen Shiliang's contributions, while not explicitly detailed in the search results, are implied through his leadership and commitment to his company's role in benefiting the country and its people.

Career Milestones

1991

Took Charge of Tongxiang County Chemical Fiber Factory

Chen Shiliang took charge of the struggling chemical fiber business.

1999

Company Reorganization

Chen and other managers were granted shares of Tongkun when the company reorganized.