J iang Zhaobai is a Chinese billionaire and the chairman of Shanghai Pengxin Group, a diversified conglomerate with global interests. He founded the company in 1988, initially focusing on real estate development in Shanghai. Over the decades, he expanded Pengxin's portfolio significantly to include mining, modern agriculture, and environmental science. Jiang is known for his aggressive overseas acquisition strategy, particularly in the agricultural sector.

One of his most notable moves was the acquisition of the Crafar farms in New Zealand, making Pengxin one of the largest foreign owners of New Zealand dairy land. His group also holds significant mining assets in Africa, including copper and cobalt mines in the Democratic Republic of Congo. Jiang's business philosophy combines resource acquisition with industrial upgrading, positioning Pengxin as a key player in supplying resources to the Chinese market. His career demonstrates a successful transition from property development to global resource management.

Quick Reads:

• Chairman and founder of Shanghai Pengxin Group.
• Started in real estate before diversifying into agriculture and mining.
• Known for acquiring large dairy farms in New Zealand (Milk New Zealand).
• Controls mining assets in the Democratic Republic of Congo.
• Graduated from Nanjing Institute of Architecture and Civil Engineering.