Chan Laiwa

About Chan Laiwa

Birth Year: 1941
Birth Place: Beijing, China, China
Residence: Beijing
Other names: Chan Laiwa
Citizenship: China
Occupation: Chairwoman of Fuwah International Group
Spouse(s): Chi Zhongrui

Chan Laiwa Net Worth

Chan Laiwa was bornon 1941 in Beijing, China, China. Chan's Fu Wah International Group is one of the largest real estate developers headquartered in Beijing. Fu Wah is best known for its Jinbao Street development with Jinbao Tower, the Regent Building and the Beijing Hong Kong Jockey Club. Fu Wah has also been expanding outside of China in recent years, investing in hotels in Australia and New Zealand. Chan is curator of the China Red Sandalwood Museum.
Chan Laiwa is a member of Billionaire

💰 Net worth: $5.2 Billion (Updated at 22 June 2018)

2010 $1.1 Billion
2011 $1.7 Billion
2012 $2.3 Billion
2013 $4.1 Billion
2014 $6 Billion
2015 $6.1 Billion
2016 $5.2 Billion
2017 $5.6 Billion
2018 $6.11 Billion

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Biography/Timeline

1941

Chen Lihua was born in 1941 in the Summer Palace of Beijing, China. She is a descendant of a noble Manchu family of the Yellow Banner. At the time of her birth, the Manchu Qing dynasty had collapsed and her family became poor.

1980

In late 1980s, she moved back to Beijing to expand her real estate Business. She founded Fuwah International Group in the early 1990s. Though its predominant Business is real estate, the company also has a diverse portfolio in the fields of agriculture, tourism, electronics, hospitality and red sandalwood art production, etc.

1999

She founded the China Red Sandalwood Museum in 1999, where she invested 20 Billion Yuan. The museum covers an area of 25,000 square meters. She attributed her love of red sandalwood from the childhood years she spent in Summer Palace, where furnishings are made of the timber. She has also donated sandalwood works to museums around the world.

2005

Chen is also known for her social responsibility and philanthropy. Fu Wah donated 130 million yuan for disaster relief in 2005 and 265 million yuan in 2004.

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