Zhu Xingliang net worth Wiki, Height, Biography, Wife, Children And Early Life
Zhu Xingliang net worth
Zhu Xingliang’s net worth: Zhu Xingliang is a Chinese interior decorator with a fortune of $1.6 billion. Zhu Xingliang is one of the biggest success stories of China’s construction boom, during which he was able to build his own interior decoration business. Unfortunately, Xing Liang was arrested in 2013 in a government corruption probe into his business affairs, which included a review of his stake in his interior design company Suzhou Gold Mantis, in which Zhu is the largest shareholder.
The aftermath of the investigation extended to the United States, where Gold Mantis acquired California-based design firm Hirsh Bender Associations. Shares in Gold Mantis, China’s largest interior decoration company, fell 3.3 percent after the company confirmed that its controlling shareholder, billionaire Zhu Xingliang, had been arrested on suspicion of corruption. Xing Liang, a former board member but not formally chairman or chief executive, was detained at his home amid an investigation into misconduct by Ji Jianye, the former mayor of the eastern Chinese city of Nanjing, according to media reports. One report said Ji had “contracted many projects” to Gold Mantis. In October, Ji was replaced as mayor.