Chinese businessman Xiu Laigui had an estimated net worth of $1.04 billion as of May 2016 according to Forbes.

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Xiu Laigui currently chairs Xiuzheng Pharmaceutical Group which is considered as one of the largest pharmaceutical companies in China. He was also the president of the group. Xiuzheng Pharmaceutical Group Co., Ltd. specializes on scientific research as well as in trading and manufacturing medicines. The company has 18 subsidiaries. Recently, he acquired Liaoning-based Tianlong Pharmaceutical for an undisclosed amount. The company specializes on producing and manufacturing injections that are used in freeze-drying medicine tablets.