Chairman and CEO
Zhong Sheng Jian is founder, chairman and CEO of China-focused real estate developer Yanlord Land Group and Singapore's 16th richest person according to Forbes 2013 list of Singapore's 50 Richest. His estimated net worth of US$1.35 billion also places him 882nd among the world's billionaires. Yanlord Land made a significant addition to its portfolio in 2013 when it paid $473.9 million for a prime riverfront site on Nanjing Eco-Island. The acquisition follows the August groundbreaking of a 500,000sq m residential site it bought for $500 million in 2011 with Ho Bee Group and the Shanghai Youyou Group. The project, named Yanlord Marina Peninsula, is part of the group's push into the Pearl River Delta region. Zhong began his career in international trade, benefitting from China's appetite for modern production equipment and raw materials in the early 1980s. He then moved into manufacturing, setting up offices in various provinces to produce paper, bottle caps and chemical fertilisers. In the early 1990s, the potential of China's Yangtze River Delta region drew him into property development, from which he now derives the lion's share of his fortune.
Company:Yanlord Land Group