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Shen Wenrong Net Worth

Shen Wenrong Net Worth is
$2.6 Billion

Shen Wenrong Biography

$2.6 Billion: Shen Wenrong may be the chairman of Jiangsu Shagang Group, among China’s largest nongovernment controlled steel manufacturers. Mr. In January, the group has create its headquarters in Singapore to be able to promote its abroad business. Shen Wenrong Net Value: Shen Wenrong is normally a Chinese businessman who includes a net worthy of of $1. He was the main one to earn the credits for reducing the factory’s products to spotlight steel sashes which led to a production of 130,000 tons and 60 percent domestic market existence by 1988. Mr. Wenrong joined up with the billionaires’ circles as the Chairman and CEO of Shagang Group, among the largest steel manufacturers in China. Born in 1946 in the town of Zhangjiagang, Jiangsu Province, Shen began to accumulate his net worthy of when he overran the control of a metal firm in 1984.2 billion. Since, the group provides diversified in expenditure funds just like the government-backed personal equity automobile GP Capital of Shanghai. In 2012, Shen Wenrong’s prosperity slipped as the sluggish metal industry product sales in China harm its revenue. Shen Wenrong may be the Chairman and CEO of Shagang Group and he comes with an estimated net worthy of of $2.6 billion by May 2015 regarding to Forbes. He’s also the 80th richest person in China and 1088th in the Globe Billionaires list. Born in 1946 in the town of Zhangjiagang, Jiangsu Province, Mr. His brother, Shen Wenming, acts as the director and deputy general supervisor.35 billion when he took over a steel company in 1984. He was accountable in reducing the factory’s products to focus on metal sashes which resulted to its creation achieving 130,000 tons and occupied 60 percent of the domestic marketplace by 1988. Today, Shagang may be the biggest privately-owned metal maker in China. Additionally it is diversifying into investment money like the government-backed private collateral automobile GP Capital of Shanghai. Shen Wenrong net worthy of according to 2015 stats is $2,600,000,000. Lately, the group has also create its headquarters in Singapore to be able to ease its advertising overseas. Its Shenzhen-shown steelmaking arm Jiangsu Shagang experienced around 95% dive in net profit based on the company’s provisional declaration in January. A global known Steel character Shen Wenrong born on 1st january in great town of Zhangjiagang, Jiangsu Province. Shen’s boy, Shen Bin, may be the supervisor of Shagang Group. Shen began earning his net worthy of of $1.


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Net Worth$2.6 Billion
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