Ren Zhiqiang Bio, Age, Family, Wife, Salary, Net Worth, Prosecution, Sina Weibo

Ren Zhiqiang Biography

Ren Zhiqiang is an imprisoned Chinese real estate tycoon with over 37 million followers on Sina Weibo. He is known as “Big Cannon Ren” for his outspoken criticism of the Chinese Communist Party (CCP).

How old is Ren Zhiqiang? – Age

He is 71 years old as of 8 March 2022. He was born in 1951 in Laizhou, Yantai, China.

Ren Zhiqiang Family

He is the son of Ren Quansheng and Li Xiuheng. He has a brother Ren Zhigang. His father, Ren Quansheng, was China’s Vice Minister of Commerce, and his mother was a Beijing municipal official. Ren’s parents were persecuted during the Cultural Revolution, so he moved to Yan’an in 1968 to work as a sent-down youth.

Is Ren Zhiqiang in Jail? – Prosecution

Ren criticized Xi Jinping’s speech on the coronavirus pandemic in a February 2020 essay, saying he “…saw not an emperor standing there exhibiting his ‘new clothes,’ but a clown stripped naked who insisted on continuing to be emperor.” He claimed that a lack of free press and freedom of expression had slowed the government’s response to the pandemic, worsening its impact. On March 12, he vanished.

The CCP Central Commission for Discipline Inspection announced on April 7, 2020, that Ren was being investigated for alleged “serious violations of law and discipline.” He was expelled from the Chinese Communist Party on July 23, 2020, paving the way for his criminal prosecution. Ren was sentenced to 18 years in prison on corruption charges by a Chinese court on September 22, 2020, following a one-day trial.

Ren Zhiqiang Communist Party

Zhengfei is a vocal opponent of China’s Communist Party and government policies. Ren has been dubbed “China’s Donald Trump,” and in 2010, a shoe was thrown at him. He openly questioned Communist Party General Secretary Xi Jinping’s belief that the government media should follow the Party line. Ren was accused of advocating the overthrow of the Communist Party by state-affiliated media in February 2016.

Ren Zhiqiang Photo
Ren Zhiqiang Photo

Ren Zhiqiang Career

In 2014, he resigned as CEO of the property company. Ren resigned from the army in 1981 to become the deputy general manager of Beijing Yida. He began working as a department head for Beijing Huayuan Group Corporation in 1984. He was imprisoned in September 1985 but released 14 months later after being found not guilty of any crime. According to a long-time colleague, he was imprisoned because he had offended the head of Beijing’s Xicheng District’s audit department. Ren joined Huayuan Corporation in 1988 as a vice president and was named President in 1993. In 2004, he was appointed Director of the Bank of Beijing Co., Ltd., and in 2007, he was appointed Chairman of Beijing Huayuan Property Co., Ltd. He has a Master of Laws degree from China’s Renmin University. He was a member of the Chinese People’s Political Consultative Conference’s Beijing Municipal Committee until 2013.

Ren Zhiqiang Salary

According to China Daily, Ren, as chairman of Huayuan Real Estate Group, was paid the highest salary of any of the 258 listed companies that filed annual reports in 2010. His annual salary is said to be 7.07 million yuan ($1.04 million).

Ren Zhiqiang Net Worth

He has an estimated net worth of $7.5 billion.