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Zhang Jindong

b. 1963

Chinese billionaire entrepreneur. founder of Suning

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About Zhang Jindong

Born 1963. Zhang Jindong is a Chinese entrepreneur and businessperson.

Zhang Jindong (; born March 1963) is a Chinese entrepreneur. He is one of the founders and the current honorary chairman of the Suning.com, headquartered in Nanjing, Jiangsu. He also owned 100% stake in Suning Holdings Group, 65% stake in Suning Real Estate as well as 48.1% stake in Suning Appliance Group as the second largest shareholder. His company also was the majority owner of Italian football club Inter Milan until May 2024.

He was also the managing director and general manager of Suning Holdings Group, chairman of Suning.com.

Biography Zhang Jindong was born in Tianchang, Anhui Province in 1963. He graduated from Chinese department at Nanjing Normal University.

Zhang Jindong together with his older brother Zhang Guiping opened a shop on Ninghai Road corner Jiangsu Road in Nanjing, selling air conditioning and related products in 1990. The brand Suning came from choosing one word each from Jiang-su and Ning-hai; the roads themselves were named after the city and province of the same name. Later Zhang Guiping exited the business and shifted into real estate, now known as Suning Universal. Zhang Jindong did however, also start his own real estate company Suning Real Estate some time later.

Zhang Jindong further developed his small shop into a business group, the Suning Group, within 15 years. He also founded and co-founded Suning Holdings Group and Suning Appliance Group respectively, as unlisted portions of his collection of businesses, leaving Suning.com (was known as Suning Commerce Group and other names) as the only listing company. In 2013's Hurun Report's China Rich List, Zhang was ranked No.9 with $6.4 billion. Zhang Jindong was ranked 28th in 2015 Forbes's China Rich List. The deal was approved by the extraordinary general meeting on 28 June 2016, which after the deal, Suning Holdings Group owned 68.55% shares.

In July 2021, Zhang Jindong stepped down as chairman of Suning.com, in which he holds the role of honorary chairman.

Forbes estimated his net worth to be around US$7.4 billion in 2021.

Personal life His son Zhang Kangyang (Steven) owns a 10% stake in Suning Real Estate, one of his privately held companies. Suning Holdings Group acquired a majority stake of Inter Milan football club in 2016. After the acquisition, his son Steven became a member of Inter's board of directors and since 2018, its chairman. Jindong is not a member of the board himself.

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Important facts

Birth century
Education
Nanjing Normal University
Positions held
Member of the National Committee of the Chinese People's Political Consultative Conference
Awards
100 Outstanding Private Entrepreneurs in the 40 Years of Reform and Opening-up
Also known as
Jindong

People in Zhang Jindong's life

Named in this biography and alive at the same time

Contemporaries

People whose lives overlapped Zhang Jindong's

Frequently asked questions

Who is Zhang Jindong?

Chinese billionaire entrepreneur. founder of Suning

When was Zhang Jindong born?

Zhang Jindong was born on 28 March 1963 in Tianchang.

What is Zhang Jindong's occupation?

Zhang Jindong is an entrepreneur and businessperson.

What nationality is Zhang Jindong?

Zhang Jindong is Chinese.

Sources & further reading

Β· Wikipedia: Zhang Jindong

Β· Wikidata: Q197216

Β· DBpedia: Zhang Jindong

Cite this page

APA: Biography.guide. (2026). Zhang Jindong. https://biography.guide/zhang-jindong/

MLA: "Zhang Jindong." Biography.guide, https://biography.guide/zhang-jindong/.

Chicago: "Zhang Jindong." Biography.guide. https://biography.guide/zhang-jindong/.

Data last updated: 2026-09-20 Β· Spot an error? Report a correction.

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