Pan Sutong is a Chinese entrepreneur, best known to be the Chairman of Goldin Real Estate Financial Holdings Ltd. or Goldin Group, and founder of Matsunichi Digital Holdings Ltd. At present, he is building the tallest structure of China in Tianjin, named as the Goldin Finance 117, as part of the Goldin Metropolitan. With his Goldin Group, he also manages Matsunichi, a consumer electronics brand dedicated to making modems, tablets, MP3 players and TV monitors. Being a wine enthusiast, he also makes investments in the Napa Valley of California and Bordeaux region of France for vineyards.
In addition, Sutong is the Chairman of Hong Kong Polo Development & Promotion Federation, and also owns the Tianjin Goldin Metropolitan Polo Club through his Goldin Group. He also sponsored the Goldin Charity Day in England, which was attended by Prince Harry and Prince William themselves. He is also involved in horse racing with his high-priced thoroughbreds, including Gold-Fun, Giant Treasure, Akeed Mofeed, Tailwind and Obliterator. From 1995 to 2000, he was also the owner of Guangzhou Matsunichi FC, the professional football club.
Pan Sutong Parents
Sutong was born in Shaoguan, Guangdong in 1963 during the age of Cultural Revolution. There is no information available about Pan’s parents, but he was brought up by his grandmother, until she died when Pan was 13 years old. In 1976, he went to California with his step-grandmother. During his school years, he often used to skip classes, and did not score well. He never finished his high school, and is not so fluent in English as well. In 1984, Pan returned to China, took loan from his family, and setup a business named as Matsunichi Color Display Monitor, with specialization in Japanese electronic items.
Pan Sutong Daughter: Jenny Pan
Pan Sutong has a daughter named Jenny Pan. Currently, she is learning winemaking procedures at her father’s Napa Valley vineyard. She lives on the estate, and says that she is astonished by the ways workers have to take quick decisions to ensure high quality of the wines. She says that she has always seen her father collecting wines and cherishing them.
Net worth
Pan Sutong’s net worth has been estimated to be about $9 billion. He is a self-made made with businesses in the real estate, finance and wine industries. In addition, he is one of the top 10 richest people in Hong Kong.