He is also the chairman of Nanshan Aluminum, the largest aluminum producer in China.
Song Zuowen is a Chinese businessman with an estimated net worth of $1.8 billion. He is the president of Nanshan Group, a conglomerate with interests in aluminum, apparel, jets, education and tourism. He is also the chairman of Nanshan Aluminum, the largest aluminum producer in China.
Song Zuowen is a member of Richest Billionaires
💰Song Zuowen Net worth: $2.85 Billion
Recently, he has seen a decline in his net worth due to the slower economic growth in China, which has mostly affected his aluminum business. Thus, the net profit of the group's Shandong Nanshan Aluminum has fallen by 22% to $98.4 million. In 2013, the company was also said to have invested $6.5 million (40 million yuan) for an 80% stake in a joint venture with Zhongguancun Development Group to set up the Beijing Nanshan Aerial Material Research Institute. The deal is seen as an attempt by the aluminum company to expand into aviation-related materials.
