Early Life
Weijian Shan's early life was marked by hardship and resilience. Born in Beijing in 1954, he experienced the Cultural Revolution, a period that profoundly shaped his character. At 15, he was sent to the Gobi Desert for six years of hard labor. This experience instilled in him a deep appreciation for education and opportunity.
Rise to Success
Shan's journey to success is a testament to his determination. After returning from the Gobi Desert, he pursued education, earning an MBA from the University of San Francisco and a Ph.D. from the University of California, Berkeley. His career took off with roles at the World Bank, the Wharton School of the University of Pennsylvania, and J.P. Morgan, where he became a Managing Director. He then became a co-managing partner at Newbridge Capital (later TPG Asia), leading to the founding of PAG's private equity business in 2010.
Key Business Strategies
Shan's success is rooted in his strategic vision and ability to navigate complex financial landscapes. At TPG, he spearheaded the first purchase of a state-owned Chinese bank by a foreign investor. As the executive chairman of PAG, Shan has overseen the firm's expansion into a leading alternative investment firm in Asia, with significant assets under management.
Philanthropy
While the exact amounts are not readily available, Shan is known to be a trustee of the British Museum.