Billionaire Profile
Zhang Keqiang
Global Rank
#2970

Image: Public domain | via Wikimedia Commons

Zhang Keqiang

CEO, Poly Developments & Holdings Group
CN
Real-Time Net Worth
$1.1B
As of December 2025
Age
65
Source
Real estate
Industry
real-estate
Citizenship
CN

Biography

Zhang Keqiang, a prominent figure in China's real estate sector, currently holds the position of #2790 on Forbes' 2025 Billionaires list, with an estimated net worth of $1.1 billion as of December 4, 2025. His wealth primarily stems from his significant stake in Poly Developments & Holdings Group, one of China's largest real estate developers. Zhang's career includes an MBA from Murdoch University in Australia. Despite past challenges, including a period of imprisonment, Zhang has re-established his billionaire status through strategic investments in the real estate market.

Wealth Over Time

In-Depth Profile

Early Life and Education

Zhang Keqiang, a Chinese entrepreneur, holds an MBA degree from Murdoch University in Australia. Details about his early life and education are limited in the available sources, but his academic achievements have contributed to his success in the business world.

Rise to Success

Zhang Keqiang's wealth is primarily derived from his stake in Poly Developments & Holdings Group, one of the largest real estate developers in China. He co-founded the Poly Real Estate Group. His strategic investments in the real estate market have been key to his re-emergence as a billionaire.

Key Business Strategies

Zhang's success is linked to his significant ownership of shares in Poly Developments & Holdings Group, China's second-largest property developer by market capitalization. His ability to navigate the complexities of the Chinese real estate market and make strategic investment decisions has been crucial.

Philanthropy

Specific details about Zhang Keqiang's philanthropic initiatives are not readily available in the search results. However, his entrepreneurial achievements and strategic investments highlight his significant role in China's business landscape. Information on his philanthropic activities could provide further insight into his broader impact.

Career Milestones

2008

First Billionaire Status

Zhang Keqiang first appeared on the Forbes list of the World's Billionaires with a net worth of $1.5 billion.

2011

Arrest and Imprisonment

Zhang was arrested on charges of defrauding the state related to the purchase of stakes in Qinghai Salt Lake Industry Group.

2014

Sentencing for Bribery

Zhang was sentenced to four years in prison for bribery.

2015

Ranked on Forbes List

Despite legal issues, he was ranked #309 on the Forbes Rich List with a fortune estimated at $1 billion.

2025

Re-Emergence as Billionaire

Zhang reacquired his billionaire status, thanks to a boost in shares of Poly Real Estate Group, China's second biggest property developer by market capitalization.

Controversies & Challenges

2011

Arrest for Defrauding the State

Zhang was arrested and faced charges for defrauding the state.

2014

Sentenced for Bribery

Zhang was sentenced to four years in prison for bribery.