Quick Facts
Biography
Chen Jianqiang is the Chairman of Springland International.
According to Hurun Report's China Rich List 2013, he is the 401st richest person in China. Chen has net worth of $780 million. He is a first-generation entrepreneur and his wealth is self made.
Background
Chen obtained his MBA from China Europe International Business School.
Business
Chen is into retail business and owns Springland International. Springland operates supermarkets and department stores in Hong Kong. The company went public in Oct 2010.
Debate on inclusion in Forbes list
As per Forbes, Chen's wealth was calculated based on public reports filed with the Hong Kong Stock Exchange. The reports talked about Chen's holding as well as his disposal of approximately 29 million shares towards over-allotment option. Chen's attorney objected to Chen's inclusion in the Forbes list. He however did not refute the information and instead explained that Chen disagrees with the HKSE's requirement to disclose holdings. Chen's is still a part of the Forbes list of richest people.