What is Chen Fashu's Net Worth?
Chen Fashu is a Chinese businessman who has a net worth of $2.2 billion. Currently the Chairman of the New Huadu Industrial Group, Chen Fashu has successfully translated his early success in retailing in building a diversified global business empire that operates in the mining, tourism, brewery, pharmaceutical, information technology and real estate sectors. Among other assets, the group now owns 53% of Shenzhen-listed Fujian New Hua Du Supercenter, 11% of Hong Kong- and Shanghai-listed Zijin Mining Group and 7% of Tsingtao Brewery, the country's best-known beer maker.
Also, he owns real estate in Changsha, Sanya and Fujian Province, as well as his own private jet. But that's not all as he has been actively investing in travel-related properties via management agreements with Hilton Worldwide for hotels in Hainan and Hunan provinces.
