The woman who built Beijing, Zhang Xin is one of the most famous female entrepreneurs in the world. She’s a Chinese businesswoman known for founding and running a real estate development company SOHO China.
She’s the former CEO of this company and has built a lot of office properties in Shanghai and Beijing making millions of dollars in profit. Her hard work and vision are no less than an inspiration potion for young people trying to run businesses.
In this article, I am going to discuss details about Zhang Xin net worth and her impact on the business world. Let’s start.
Who is Zhang Xin?
Zhang Xin is a well known Chinese businesswoman with ties in America, who was also the former CEO of SOHO China. Zdhang became the founding member of SOHO China with the support of her husband. Her leadership helped the organization grow a lot.
According to reports, the company has worked on projects consisting of 60 million square feet in both Beijing and China. Zhang has recently stepped down from her post as CEO of SOHO. After stepping down, she founded another film production company, Founder of Closer Media which is based in New York.
- Full Name: Zhang Xin
- Date Of Birth: 24 August 1965
- Birth Place: Beijing
- Nationality: Chinese
- Marital Status: Married
- Occupation: Entrepreneur, Real Estate Developer, Businesswoman
- Zodiac Sign: Virgo
- Children: 2
Zhang Xin Net Worth:
In 2024, Zhang Xin’s net worth stands about $1.2 billion. Xin has been able to gather this wealth mainly from her work in the construction business. After the introduction and initial growth of SOHO, the Chinese businesswoman started to make a lot of money. The company kept on growing more and more in the upcoming years.
In a few years, the company’s IPO was raised to $1.9 billion on the Hong Kong stock exchange. Her family also put in an investment of $600 million in New York City’s Park Avenue Plaza. To make her investment portfolio even larger, Zhang’s company also invested $1 billion into the GM building in NY City.
Later on, the company made some money by selling SOHO Century Plaza in Shanghai for $477 million. Only one year later, they also sold the Shanghai office tower Hongkou SOHO for 53% more money ($533 million) than its initial cost.
Zhang Xin Biography:
Zhang Xin was born in Bejing, China on 24 August 1965. At the age of 14, she decided to move to Hong Kong for a better future.
Education:
Xin used to work as a factory laborer for four years after arriving in Hong Kong. However, she had a goal of achieving an education so that she could change her life. She saved money and went to England to study.
There, she got a Bachelor’s degree in Economics from the University of Sussex. Then, she got a Master’s degree in Development Economics from Cambridge University.
Career:
Zhang’s professional career began right after she finished her education. However, she didn’t immediately enter the business field. First, she started a job in the financial sector and worked for companies like Goldman Sachs and Travelers Group. But as soon as China’s economic condition started to get better, Xin decided to back to her country and start a career there.
With the support of her husband Pan Shiyi, Zhang started SOHO China company in 1995. The company saw a gradual growth and was worth $1.9 billion in the Hong Kong stock exchange. Xin worked as the CEO of the company making business decisions that were mostly wise and promising.
The company got contracts to make thousands of commercial properties and saw significant growth under Xin’s leadership. In 2022, Xin stepped down as the CEO and founded a film production company in New York.
Philanthropy:
Besides her brilliant mindset and exceptional business skills, Xin is also known as a great philanthropist. With the support of her husband, Zhang created the SOHO China Foundation in 2005 solely for the purpose of charity work.
The main focus of this foundation is to promote education and make improvements in social mobility. Under this foundation, they launched a scholarship program for Chinese students that was worth $100 million.
Personal Life:
Zhang married Pan Shiyi in 1994 and has two children together. They are named Pan Shao and Pan Rang.
Conclusion:
Currently, Zhang Xin has a net worth of approximately $1.2 billion. She’s the co-founder and former CEO of a famous real estate company, SOHO China. She used to work as a laborer in a factory and decided to pursue higher education in the United Kingdom. Before starting the company, she worked for different financial companies in America. Zhang Xin is not the CEO of SOHO China company as for now. But she has her own film production company in New York.
