Zhang Rongkun

Who is Zhang Rongkun?

Zhang Rongkun is one of the richest men in China; he was listed as China's 16th richest man on Forbes's 2005 list of the richest people in China. Zhang was a member of the Chinese People's Political Consultative Conference and is currently the chairman of Fuxi Investment Holding Company and is a major shareholder in Shanghai Electric Group. He was a member of the board of directors on Shanghai Electric Group until his resignation in August 2006. In 2008 Zhang was convicted of giving government employees $4.1 million in bribes and was sentenced to 19 years in prison.