Ma Jianrong Net Worth, Age, Family & Biography $6.8 B Real Time Net Worth #269 in the world today

Avan Parvadiya — Fri, 14 Jul 2023 11:58:18 +0000

About Ma Jianrong

Ma Jianrong is the director and the biggest investor of Shenzhou International Group, a knitwear and material producer that provisions driving clothiers including Uniqlo and Adidas. The manufacturer with its headquarters in Ningbo, China, is publicly traded, has over 90,000 employees, and its 2022 revenue was 4.1 billion yuan ($27.8 billion).

Ma Jianrong. Shenzhou International Group Holdings Ltd.

Ma Jianrong Family

In 1965, Ma Jianrong was born on the eastern coast of China. Ma Baoxing, his father, was the chairman of Shenzhou at the time. Ma Junior took over as chairman when he was 33 years old and made the company the largest vertically integrated knitwear manufacturer in China.

Ma Jianrong Career

Before joining Shenzhou International’s predecessor, Ningbo Shenzhou Knitting, in 1989, he worked in textile factories as a factory worker. It is an important supplier for Uniqlo, Adidas, Nike, and Puma. Shenzhou is headquartered in Ningbo, where Ma and his family reside. According to a filing made on July 13, 2022, he owns 36% of the company through holding companies called Keep Glory and Splendid Steed Investment.

His stake consists of shares held by his father and given to the billionaire in recognition of his control over the business and position as chairman. The worth of his money speculations depends on an examination of these returns, as well as expenses and market execution. Shenzhou International Group spokesperson Kiki Zhang declined to discuss the Ma family’s wealth.

Ma Jianrong Facts

After serving as key manager for a decade, Ma, along with his father and brother-in-law, made the decision in 2000 to acquire the business. After five years, Shenzhou turned out to be public in Hong Kong. Lingerie, casual wear, and sportswear are all made by Shenzhou.