Song Zuowen’s the 50th richest man on the China Rich List and is ranked 882nd about the World’s Billionaires List. Zuowen has got his estimated net worth of $2.5 billion through his control of the privately held company, which has company interests in aluminum, attire, jets, education and tourism. His wealth could have dropped bit because of the slower economic growth in China, which has squeezed his aluminum business specifically.
Song Zuowen Net Worth $2.5 Billion
Song Zuowen can be believed to be intending to set up an airline in Qingdao. His partners are thought to include Air China as well as the Qingdao government. The net profit at Shandong Nanshan Aluminum has dropped by 22% to $98.4 million. In January, it was reported the business has invested $6.5 million (40 million yuan) for an 80% position in a joint venture with Zhongguancun Development Group to build the Beijing Nanshan Aerial Material Research Institute. This endeavor is seen as an attempt to enlarge into aviation-associated contents.