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Tycoon Shen Wenrong, founder of Chinese steel giant Shagang, dies aged 78

The steel tycoon, whose net worth was estimated at 3.7 billion yuan (US$509 million), died from an unspecified illness, his company, Jiangsu Shagang Group, said in a statement on Monday.

By: scmp.com

Jul 01 2024
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Tycoon Shen Wenrong, founder of Chinese steel giant Shagang, dies aged 78

The steel tycoon, whose net worth was estimated at 3.7 billion yuan (US$509 million), died from an unspecified illness, his company, Jiangsu Shagang Group, said in a statement on Monday.

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