Age, Biography and Wiki
Donald Tang was born on 1963 in Shanghai, China, is an American businessman. Discover Donald Tang's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 61 years old?
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Businessman |
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61 years old |
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Shanghai, China |
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We recommend you to check the complete list of Famous People born on .
He is a member of famous Businessman with the age 61 years old group.
Donald Tang Height, Weight & Measurements
At 61 years old, Donald Tang height not available right now. We will update Donald Tang's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
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Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
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Donald Tang Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Donald Tang worth at the age of 61 years old? Donald Tang’s income source is mostly from being a successful Businessman. He is from . We have estimated Donald Tang's net worth, money, salary, income, and assets.
Net Worth in 2024 |
$1 Million - $5 Million |
Salary in 2024 |
Under Review |
Net Worth in 2023 |
Pending |
Salary in 2023 |
Under Review |
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Not Available |
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Not Available |
Source of Income |
Businessman |
Donald Tang Social Network
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Timeline
Donald Tang is an American businessman.
He is executive chairman of Shein Group, a global online on-demand fashion retailer.
He is the former vice chairman of Bear Stearns and former chairman and CEO of Bear Stearns Asia.
He also founded Tang Media Partners.
Tang was born in Shanghai, China, where his parents were college professors.
At the age of 18, in 1982, he followed his girlfriend Jean to Los Angeles after she and her family immigrated to America.
After he arrived in Los Angeles, Jean and Donald married, and they both became U.S. citizens.
Working in a series of restaurant jobs to finance his education, Tang graduated from California State Polytechnic University, Pomona, in 1986 with a chemical engineering degree.
Tang's career in finance began at Merrill Lynch & Co. in 1987 on the institutional equity sales team, later moving to Lehman Brothers and concentrating on fixed income institutional sales.
He joined Bear Stearns in 1992 in Los Angeles as senior managing director of investment banking.
In 1993, he was appointed president and chief executive officer of Bear Stearns Asia and moved to its Hong Kong office, subsequently being named chairman of Bear Stearns Asia.
From 1993 to 1999, he built up its Asian operations, opening offices in China and Singapore.
While in Hong Kong, Tang was elected to the board of directors of Bear Stearns & Co. in 1997.
In March 1999, Tang moved to Chicago and managed the Bear Stearns Midwest Region.
In 2001, he was elected vice chairman of the Bear Stearns board of directors.
Later in 2001 he was transferred to Los Angeles, with a dual mandate to both manage its West Coast operations and, as chairman and CEO of Bear Stearns Asia, to supervise all activity in Asia.
In 2003, Tang was appointed chairman and president of Bear Stearns International Holdings.
Tang advised an arm of the CITIC Group during its $1.15 billion acquisition of Nations Energy in Kazakhstan.
He led the Bear Stearns team representing Hunan Valin Group, a Chinese steel company, when it sold a 37 percent stake to Mittal Steel (now ArcelorMittal) in what was then the largest acquisition by an international strategic investor of a Chinese-listed firm.
Under Tang's leadership, Bear Stearns Asia was the financial advisor to the telecommunications giant China Mobile and jointly led its secondary offering.
Bear Stearns was the financial advisor and co-lead manager for the IPO of China Telecom.
Bear Stearns Asia under Tang was also the financial advisor for Guangshen Railway Co Ltd., Beijing Yanhua Petrochemical Ltd., and Yanzhou Coal Mining Co Ltd., arranging financial transactions in their respective industries.
In 2012, Tang facilitated the deal that resulted in Dalian Wanda, a leading Chinese conglomerate, acquiring AMC Entertainment Holdings for $2.6 billion.
In 2015, he founded Tang Media Partners (TMP), a media holding company based in Los Angeles and Shanghai.
In June 2016, Tang Media Partners acquired majority ownership of the international film, television, and music production sales and distribution company IM Global, and announced a partnership involving IM Global and China's social media giant Tencent to form a new television production joint venture called IM Global TV.
In 2017, Tang Media Partners purchased the U.S. motion picture distributor Open Road Films from AMC and Regal, and created Global Road Entertainment as an operating unit incorporating Open Road, IM Global, and IM Global TV.
In November 2022, Tang joined global online on-demand fashion retailer Shein Group as executive vice chairman, after having served as advisor to the company's CEO and cofounder Chris Xu (Sky Xu) for over a year.
As of August 2023, Tang is executive chairman of Shein Group.
Under his stewardship, Shein and SPARC group entered into an agreement to expand Shein's retail reach.