Guo Guangchang Net Worth

Guo Guangchang, born in 1967 in Shanghai, China, is the chairman of Fosun International, a conglomerate that has been transformed into an insurance-focused investment group. Fosun's investments range from steelmaking to mining, tourism and pharmaceuticals, and in December 2016, Fosun agreed to sell U.S. insurer Ironshore to Liberty Mutual for about $3 billion. In December 2015, Guo was detained by Chinese authorities for several days to assist with an unspecified investigation. Co-founder Liang Xinjun is also a billionaire.
Guo Guangchang is a member of Diversified

Age, Biography and Wiki

Birth Year 1967
Birth Place Shanghai, China, China
Guo Guangchang age 56 YEARS OLD
Alma mater Fudan University
Occupation Founder & chairman Fosun International Limited
Spouse(s) Wang Jinyuan
Children 3

💰 Net worth: $5.4 Billion (2024)

Guo Guangchang's net worth is projected to reach $5.4 billion in 2024, establishing him as one of the wealthiest individuals in China. Widely recognized as a prominent figure in the business world, Guo Guangchang is commonly referred to as "Diversified" due to his extensive investment portfolio spanning multiple industries. His success can be attributed to his keen business acumen and his ability to navigate the Chinese market effectively. With his substantial wealth, Guo Guangchang has undoubtedly made significant contributions to the growth of various sectors in China, demonstrating his impact and influence in the country's economy.

2009 $1.1 Billion
2010 $2.4 Billion
2011 $2.8 Billion
2012 $2.4 Billion
2013 $2.7 Billion
2014 $4.3 Billion
2015 $5.7 Billion
2016 $5 Billion
2017 $6.3 Billion
2018 $8.46 Billion

Some Guo Guangchang images

Biography/Timeline

1967

Guo Guangchang was born in Dongyang, Zhejiang, in 1967. In 1989, Guo received a BA in Philosophy and an MBA from Fudan University.

1992

In 1992, Guo founded Guangxin Technology Development Company Ltd, which was among the first to use scientific methods in market research in mainland China. Since 1994, Guo has been the chairman of Fosun Group and invested in insurance, pharmaceuticals and Health care, property, steel, mining, Retail, services, Finance and other investment, and asset management, creating one of the largest non-state owned enterprises in China.

2007

In 2007, Fosun International (00656.HK), the holding company of Fosun, was listed on the HKSE. Fosun has teamed up with IFC in reinsurance Business, invested in Club Med of France, insurance company Fidelidade Seguros of Portugal and Folli Follie of Greece to jointly explore opportunities brought by the growth of China's economy.

2010

At the 2010 Shanghai World Expo, Guo, together with 15 other Chinese entrepreneurs, funded the Chinese Private Enterprise Pavilion, which was the debut of China's non-state-owned enterprises in World Expo.

2012

Guo is a member of the National Committee of the 12th Chinese People's Political Consultative Conference, a member of the Standing Committee of All-China Federation of Industry and Commerce, a member of the Standing Committee of All-China Youth Federation, the Honorary Chairman of Shanghai Zhejiang Chamber of Commerce.

2015

As of 2015 he was listed as the 34th richest person in China by Forbes, with a net worth of $7.3 billion. He nicknamed himself "China’s Warren Buffett".