#3192

Weijian Shan

Hong Kong 72 years old Self-Made

Overview

Source of Wealth
Private equity
Residence
Hong Kong
Education
University of California, Berkeley (Doctorate)
University of California, Berkeley (Master of Economics)
University of San Francisco (Master of Business Administration)

Biography

Weijian Shan is the chairman of PAG, an Asia-focused private equity firm with $50 billion in assets under management.

Before founding PAG's private equity business in 2010, he worked for 12 years at TPG Capital and was the U.S. private equity giant's top China dealmaker.

At TPG, Shan spearheaded the first purchase of a state-owned Chinese bank by a foreign investor.

In 2022, Shan became an independent director of Alibaba. He also served on the boards of Wilmar International, Bank of China (Hong Kong), Baosteel and Lenovo.

About

The Beijing-born grew up during the Cultural Revolution and labored in northern China's Gobi Desert.

His memoir, published in 2019, is called Out of the Gobi: My Story of China and America.

He earned a Ph.D. in business administration from UC Berkeley, where U.S. Treasury Secretary Janet Yellen was one of Shan's thesis advisors.