Wu Yiling net worth
Wu Yiling net worth: Wu Yiling is a Chinese businessman with a net worth of $1.6 billion. Wu Yiling has won China’s billionaire status with Shijiazhuang Yiling Pharmaceutical, a Shenzhen-listed herbal maker that makes medicines for heart disease and flu. He is a professional doctor who practiced medicine for about 11 years before founding Yiling Pharmaceutical in 1992.
Wu Yiling’s net worth rose significantly after Yiling’s first-half sales rose by two-thirds to $189 million. The increase in sales was partly due to shipments of a drug on the government’s list of approved drugs to treat H7N9 bird flu, which broke out in April. In addition, the parent company of Hebei Yiling Pharmaceutical Group owns Hebei Yiling Hospital in Shijiazhuang City, Hebei Province. Wu Yiling’s two children are also actively involved in business: his son Wu Xiangjun, with a double degree in business and traditional Chinese medicine, is the vice president; while his daughter Wu Rui, who has a law degree, is the deputy general manager.
