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Billionaire Profile
Zhang Ning
Global Rank
#1374

Image: Unsplash Contributor | Unsplash License | via Unsplash

Zhang Ning

CEO, Chemicals
CANADA
Real-Time Net Worth
$3.127B
Estimated based on Chemicals stock value as of April 20, 2026
-0.25% (24h)
Age
51
Source
Chemicals
Industry
Manufacturing
Citizenship
CANADA

Biography

Zhang Ning, a Chinese-Canadian industrialist, is the chair of Red Avenue New Materials Group, a leading chemicals supplier. With an estimated net worth of $2.8 billion, Zhang's career is marked by significant achievements in the chemical industry. He has steered Red Avenue New Materials Group towards innovation and sustainability, with a focus on pioneering compostable polyester production. Zhang holds a doctorate in global financial business management and holds Canadian citizenship. His leadership principles emphasize innovation and environmental responsibility within the manufacturing sector. Zhang's achievements have solidified his status as a visionary leader in the chemical industry.

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

Wealth Over Time

In-Depth Profile

Early Life

Information regarding Zhang Ning's early life is limited. However, he holds Canadian citizenship and resides in Shanghai, China.

Rise to Success

Zhang Ning chairs Red Avenue New Materials Group, a chemicals supplier listed on the Shanghai Stock Exchange. His deep understanding of the chemical industry, combined with acute business acumen, has been instrumental in the company's growth and innovation.

Key Business Strategies

Under Zhang's leadership, Red Avenue New Materials Group has expanded its presence in traditional chemical markets and spearheaded advancements in sustainable materials. A notable achievement includes venturing into the production of compostable polyester, aligning with global efforts to reduce plastic waste. This material promises to decompose under industrial composting conditions, offering a greener alternative across industries.

Philanthropy

Zhang Ning is the founder and honorary chairman of the Red Avenue Foundation, which supports projects related to education, medical care, and sustainable development. The foundation has benefited more than one million people worldwide.

Career Milestones

2020

Production of Compostable Polyester

Red Avenue New Materials Group announced its venture into producing compostable polyester in collaboration with German firm BASF.

Philanthropy & Social Impact

Philanthropy & Grantmaking

Red Avenue Foundation

$5M

Supports education, medical care, and sustainable development projects worldwide

Business Philosophy & Leadership

Leadership Principles

Innovation

Focusing on the development of new materials that cater to the evolving needs of global markets and environmental standards.

Sustainability

Leading the shift towards more sustainable chemical production practices.

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