Source of Wealth:Pharmaceuticals
Occupation:Chairman of Tibet Cheezheng Tibetan Medicine Co. Ltd
Education:Xi''an Jiaotong University
Jufang Lei is the Chairman of Tibet Cheezheng Tibetan Medicine Co. Ltd. and he has an estimated net worth of $1.13 billion as of October 2013. She is the 133rd richest person on Forbes' China Rich List.
The self-made billionaire gained her estimated net worth of $1.13 billion from Tibet Cheezheng Tibetan Medicine, a company that supplies ointments, plasters and powders. In 2010, its sales amounted to $80 million, an 11.6% increase from a year earlier. Her profit margins were estimated to a healthy 30%-plus. Its shares trade at a price-earnings ratio above 50, but its share price was down by 2% from a year earlier.
Considered one of the most influential people in the country, Lei and her company are set to launch a new line of products in the near future.
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