Chen Lihua net worth
Chan Laiwa Net Worth: Chan Laiwa is a Chinese entrepreneur with a net worth of $6.1 billion. Born in the Summer Palace in Beijing, China in 1941, he made his fortune in the real estate industry. Today, Lihua’s Fuhua International Group (where she remains chairman) is one of Beijing’s largest commercial property developers.
This makes her one of 19 self-made female billionaires in the world. Although she is a descendant of the Manchu nobles of the Huangqi family, her famous family was already ruined when she was born, and she grew up in poverty since she was a child. Poor living conditions led Chen to leave high school to start his own furniture repair business. In the early 1980s, she decided to turn her early successful furniture business in Hong Kong into a business. After saving enough money to buy 12 villas, she returned to Beijing to expand her real estate business at the end of the century. In the early 1990s, she established Fu Wah International Group, which expanded its business from real estate to various fields such as agriculture, tourism, electronics, hotels and red sandalwood art production. Recently, she has handed over day-to-day management to her son to focus more on the China Red Sandalwood Museum, where she is also director. In addition, Chen Lihua established herself as one of the Chinese cultural diplomats.
