What is Jiang Zhaobai's Net Worth?
Jiang Zhaobai is a Chinese businessman who has a net worth of $1.19 billion. One of the richest people in China, Jiang Zhaobai serves as the Chairman of Shanghai Pengxin Group, which has interests in real estate, mining, financial services and agribusiness. Among the many notable partners of the group reportedly is Blackstone, an American multinational investment and advisory firm.
Through the group, Mr. Zhaobai controls Shanghai-listed companies like Pengxin International Mining and Shanghai Synica, a chemical and metals firm. Furthermore, he holds a stake in most of the companies run by Shanghai Pengxin Group.
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