Shen Guojun
$4.8B
Born
Jul 31, 1962
Age
63
Source of Wealth
Retail
Residence
Beijing, Beijing
Citizenship
China
Marital Status
Married
Children
1
Education
Master of Arts, Zhongnan University of Economics and Law
- Shen Guojun is the founder and chairman of Yintai Group, whose interests cover retail, real estate and investment.
- Yintai's department store chain Intime was taken private from the Hong Kong Stock Exchange by Shen and Alibaba in 2017, in a deal that valued it at $2.6 billion.
- Shen worked in a state-run bank before he started his own business.
- The tycoon has divested sizable stakes in gold, property and other businesses amid China's slower growth.
- In 2024, Alibaba sold its 99% stake in Intime to a consortium led by China's textile heavyweight Youngor Group for $1 billion, registering $1.3 billion loss.
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