Billionaire Profile
Zhang Ning
Global Rank
#1729

Image: Public domain | via Wikimedia Commons

Zhang Ning

CEO, Red Avenue New Materials Group
CA
Real-Time Net Worth
$2.3B
As of December 2025
Age
51
Source
Chemicals
Industry
manufacturing
Citizenship
CA

Biography

Zhang Ning, a prominent figure in the chemical industry, is the Chairman of Red Avenue New Materials Group, a company listed on the Shanghai Stock Exchange. Holding Canadian citizenship, Zhang's estimated net worth is $2.3 billion as of late 2024. Her wealth stems from her leadership in the chemicals manufacturing sector. Zhang is known for her strategic vision, having spearheaded ventures such as a collaboration with BASF to produce compostable polyester. Her career is marked by her role as a key executive and shareholder in Red Avenue New Materials Group, driving innovation and expansion in the industry.

Wealth Over Time

In-Depth Profile

Early Life and Education

Specific details about Zhang Ning's early life are limited, but it is known that she holds Canadian citizenship and resides in Shanghai, China. Zhang earned a doctorate in global financial business management from Arizona State University.

Rise to Success

Zhang Ning's career trajectory has been marked by her prominent role in the chemicals industry. She chairs Red Avenue New Materials Group, a company listed on the Shanghai Stock Exchange. Under her leadership, the company has expanded and innovated, notably through a venture with German firm BASF to produce a type of compostable polyester. This initiative highlights Zhang's commitment to sustainable practices and forward-thinking business strategies.

Key Business Strategies

A key strategy employed by Zhang Ning is forming strategic partnerships, such as the one with BASF. This approach allows her company to leverage global expertise and resources to enter new markets and develop innovative products. Her focus on the chemicals sector demonstrates a deep understanding of the industry's dynamics and opportunities.

Philanthropy

While specific details about Zhang Ning's philanthropic activities are not readily available in the search results, it can be inferred that she likely engages in philanthropic activities, consistent with the practices of many billionaires. There is a family foundation, that is known to support education, scientific research, and healthcare innovations.

Career Milestones

2016

Chairman of Red Avenue New Materials Group

Assumed the role of Chairman, leading the company's strategic direction and operations.

2020

Partnership with BASF

Announced a venture with BASF to produce compostable polyester, showcasing a commitment to sustainability.