Source of Wealth:Retail and Real Estate
Full Name:Shen Guojun
Occupation:Zhongnan University of Economics and Law
Education:Zhongnan University of Economics and Law
About Shen Guojun
Shen Gojun is the Chairman of Intime Department Store and he has an estimated net worth of $2.4 billion as of April 2016, according to Forbes. According to Forbes, he is the 44th richest person in China and is ranked 670th in the list of World Billionaires.
Mr. Shen has earned his estimated net worth of $2.2 billion with Intime where he also serves as the Chairman of Strategic Development Committee. He is considered one of China’s most successful retail and real estate investors. He has an extensive experience in these fields and has been in the department store business for more than eight years.
Intime has benefited from the increasing consumer spending over the years. In the past 12 months, its Hong Kong-listed shares were up by double digits. The retail company is partly owned by Hong Kong billionaire Lee Shau Kee.
Shen Goujun has stakes in domestically listed retailers Baida Group and Wuhan Department Store, China-traded real estate concern Metro Land, Shenzhen-listed Science City Development Public, and the Yintai Center along Beijing's prestigious Chang An Street, which houses the Park Hyatt Beijing Hotel. He is a member of the government consultative body, Chinese People's Political Consultative Conference.