What is Zhang Keqiang's Net Worth?
Zhang Keqiang is a Chinese businessman who has a net worth of $960 million. Zhang Keqiang reacquired his billionaire status thanks to a boost in shares of Poly Real Estate Group, the second biggest property developer by market capitalization in China. As a co-founder of the group, Zhang owns more than 200 million shares in the company and that is the main source of his wealth. In addition, he also owns valuable stakes in other listed companies, including Qinghai Salt Lake Industry Group, China's leading potash producer.
However, the above investment has brought him more misery than actual benefit. In January 2011, Zhang got arrested on charges of defrauding the state when he bought stakes in Qinghai Salt Lake. After two years imprisonment, he is still awaiting the judgment for his case.
