Tong Jinquan

Tong Jinquan
Born1954
Shaoxing, Zhejiang Province, China
Occupation(s)Chairman, Summit Property Development
Children2

Tong Jinquan (Chinese: 童锦泉; born 1954) is a Chinese businessman, chairman of Summit Property Development, a Chinese real estate developer.

Early life

Tong was born in Shaoxing, Zhejiang Province, China[1] in 1954, the seventh of nine children of parents who ran a grocery store.[2]

Career

Tong started work in 1975, at a local table tennis equipment factory. By 1983, Tong had become general manager at another sporting goods company. In 1992, Tong founded Summit Property Development in Shanghai, China.[1]

Tong's company, Summit, has invested more than $1 billion in a commercial complex in Chengdu. He has significant stakes in three Singapore REITs: Viva Industrial, Cambridge Industrial, Sabana Shari'ah Compliant Industrial Trust, and Suntec. According to Forbes, Tong has a net worth of $4.7 billion, as of January 2015.[2]

Personal life

Tong is married with two children and lives in Shanghai.[2]

References

  1. ^ a b Vanburen, Andrew (8 November 2013). "TONG JINQUAN: PRC Property Baron Bought S$200 m of VIVA INDUSTRIAL". NextInsight. Retrieved 10 January 2015.
  2. ^ a b c "Tong Jinquan". Forbes. Retrieved 17 November 2015.
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