Qi Jinxing net worth
Qi Jinxing Net Worth: Qi Jinxing is a Japanese entrepreneur with a net worth of $975 million. In 2013, Qi Jinxing, chairman of Hangzhou Binjiang Real Estate Group, returned to the circle of billionaires after a surge in domestic real estate stocks and steady sales of its own new projects.
In the first nine months of 2012, he saw his Hangzhou Binjiang Real Estate Group’s net worth grow staggeringly, soaring 187 percent to $59.5 million, and sales nearly doubled to $308 million. To develop today’s billion-dollar enterprise, Jinxing needs more than 19 years of hard work. Initially, he worked in a government district office, and in 1996 he turned down a larger government position to set up Hangzhou Rinjing Real Estate Group. The never-ending company was listed on the Shenzhen Stock Exchange in May 2008. Recently, the group announced its intention to purchase two plots of tourist paradise in Hangzhou, and to carry out business nearby. Valued at $267 million. Business aside, Qi Jinxing, through his Hangzhou Binjiang Investment Holdings, backs cancer treatment company Ascletis, which last year formed a partnership with Nasdaq-listed Alnylam Pharmaceuticals to try to develop drugs to fight liver cancer.
