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Zhang Congyuan

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Zhang Congyuan
Born1948 (age 75–76)
NationalityChinese

Zhang Congyuan (born 1948) is a Taiwanese billionaire and businessman, the founder of Huali Industrial.[2]

He was born in a farming family in the Taiwanese countryside in 1948. After graduating from the junior agricultural college, Congyuan started working at a women's shoe factory and later decided to open his own sneaker business. In the 1980s, he established the first factory, and due to the lack of money, he rented land on a pig farm. Soon the business started to boom, and Congyuan opened other branch factories in Taiwan, Guangdong, Vietnam. In 2004 he founded Huali Industrial that as for 2022 has factories in China, Vietnam and Dominicana and produces shoes for such brands as Nike, Ugg, Vans, Puma, and others.[2][3][4][5]

Zhang Congyuan made the 2022 Forbes Billionaires List with an estimated wealth of $11.7 billion and occupied the 163rd position.[2]

References

  1. ^ "The Richest People In The World". Forbes. Retrieved 2022-05-02.
  2. ^ a b c "Zhang Congyuan". Forbes. Retrieved 2022-05-02.
  3. ^ Waiyee Yip (2022-04-07). "Meet the richest person in Taiwan, who built an $11.7 billion fortune by making shoes for brands like Nike and Vans — and started it all on a pig farm". Business Insider. Retrieved 2022-05-02.
  4. ^ "Cong Yuan Zhang". Tatler. Retrieved 2022-05-02.
  5. ^ "A $13 Billion Sneaker Fortune Started on a Pig Farm in Taiwan". Bloomberg. Retrieved 2022-05-02.