Billionaire Profile
Zhang Xuexin & family
Global Rank
#362

Image: Public domain | via Wikimedia Commons

Zhang Xuexin & family

CEO, Xinfa Group
CN
Real-Time Net Worth
$9B
As of December 2025
Age
78
Source
Aluminum
Industry
metals-mining
Citizenship
CN

Biography

Zhang Xuexin, at 78 years old, and his family are key players in the global aluminum industry, primarily through their ownership of Xinfa Group. Xinfa Group, with roots in a state-owned power plant established in 1972, has grown into a major aluminum producer, with interests in power generation and aluminum production. The family's estimated net worth is $9.0 billion, stemming from Xinfa Group, which owns power stations and aluminum refineries. Zhang's son, Zhang Gang, now serves as chairman of Xinfa Group, indicating a smooth succession plan. The family maintains a relatively private lifestyle.

Wealth Over Time

In-Depth Profile

Early Life

The origins of Zhang Xuexin's wealth can be traced back to 1972, when Xinfa Group's predecessor was founded as a state-owned power plant. This early establishment laid the foundation for their future ventures.

Rise to Success

Under Zhang Xuexin's leadership, the company expanded into aluminum refining and smelting, becoming a significant player in China's industrial sector. This strategic move allowed the company to leverage local resources and enter the energy-intensive aluminum sector, setting the stage for its future growth and market dominance.

Key Business Strategies

A key business strategy for Zhang Xuexin has been the development of Xinfa Group into an integrated aluminum production company. This includes power generation, aluminum refining, and smelting operations. The focus on vertical integration has given the company a competitive edge in the market.

Philanthropy

Information regarding the specific philanthropy initiatives of Zhang Xuexin and his family is limited in the search results.

Career Milestones

1972

Foundation of state-owned power plant (predecessor of Xinfa Group)

Established the foundation for the future aluminum empire.

2000s

Expansion into Aluminum Refining and Smelting

Xinfa Group grew into a major player in the industry.

2019

Zhang Gang Takes Over as Chairman

Succession plan within the family

Philanthropy & Social Impact

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Undisclosed

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Business Philosophy & Leadership

Notable Quotes

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Leadership Principles

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Controversies & Challenges

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