Billionaire Profile
Jiang Zhaobai
Global Rank
#1804

Image: Public domain | via Wikimedia Commons

Jiang Zhaobai

CEO, Shanghai Pengxin Group
CN
Real-Time Net Worth
$1.2B
As of December 2025
Age
62
Source
Real estate
Industry
real-estate
Citizenship
CN

Biography

Jiang Zhaobai, a prominent figure in China's business landscape, is a self-made billionaire primarily known for his success in real estate. Born in China, he is 62 years old. Jiang founded Shanghai Pengxin Group in 1988, and under his leadership, the company has grown into a diversified conglomerate with interests in real estate, financial services, and agribusiness. His career highlights include establishing Shanghai Pengxin Group and expanding its operations. As of 2024, his net worth is estimated to be $1.2 billion.

Wealth Over Time

In-Depth Profile

Early Life

Jiang Zhaobai's early life is marked by his engineering background. He participated in numerous engineering and construction projects after graduating from Nanjing Institute of Architecture and Civil Engineering in the 1980s. This experience laid the foundation for his future ventures in real estate development.

Rise to Success

Jiang Zhaobai's entrepreneurial journey began in 1988 when he founded his own real estate development company. This marked the start of his successful career in the industry. In 1997, he established the Shanghai Pengxin Group, serving as its founding chairman. Under his leadership, the group expanded, diversifying into financial services, mining, and agribusiness. The group has controlling interests in four listed companies in China. Jiang's business acumen and strategic investments have been key to his wealth accumulation and recognition.

Key Business Strategies

Jiang's business strategies have been focused on real estate development and strategic acquisitions. His company, Shanghai Pengxin Group, has developed numerous property projects, including residential, commercial, and hotel properties. He has also expanded into modern agriculture, mining, environmental science, technology, and financial investments. Moreover, Jiang has been involved in international investments, including acquisitions in New Zealand's agricultural sector.

Philanthropy

While specific details about Jiang Zhaobai's philanthropy are limited in the search results, it is known that Goertek, where Jiang Bin is the chairman, donated $20 million to Jiang's alma mater Beihang University to promote research and cultivate talent in 2016.

Career Milestones

1988

Founded Real Estate Development Company

Jiang Zhaobai founded his own real estate development company, marking the start of his career in the industry.

1997

Founded Shanghai Pengxin Group

Established Shanghai Pengxin Group, which expanded into real estate, financial services, and agribusiness.

2014

Acquired Hilton Queenstown

Acquired Hilton Queenstown through Shanghai Pengxin Group.

Philanthropy & Social Impact

Education

Beihang University Donation

$20M

Goertek, where Jiang Bin is the chairman, donated $20 million to Jiang's alma mater Beihang University to promote research and cultivate talent in 2016.