Chen Fashu Net Worth

Net Worth: $2.8 Billion
Statistics
  • Source of Wealth:

    New Huadu Industrial Group, Tsingtao Brewery
  • Age:

    58
  • Birth Place:

    China
  • Marital Status:

    Married
  • Full Name:

    Chen Fashu
  • Nationality:

    China
More Stats View More

About Chen Fashu

Chinese businessman Chen Fashu has an estimated net worth of $2.8 billion as of April 2016, according to Forbes. He currently serves as the Chairman of the New Huadu Industrial Group.

In 2009, Chen Fashu was reported to have purchased a 12% stake at Yunnan Baiyao Group which was allegedly worth $2.2 billion. Yunnan Baiyao Group specializes in producing diverse commercial products like toothpaste and medicine. Yunnan Baiyao Group is actually a subsidiary of Yunnan Hongta Group. In the past 12 months, Chen Fashu's fortune has significantly reduced due to the lowering prices of mineral accompanied by continuously rising cost.

Looking for an AD FREE EXPERIENCE on TheRichest?

Get Your Free Access Now!