Chan Laiwa & Family Net Worth is2,800 $Million
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Birth Date: 1941 Birth Place: Summer Palace, Beijing, China
Citizenship: People's Republic of China
Occupation: Chairman of Fuwah International Group
Networth: US Dollars$2.23 Billion (Aug 2011)
Chan Laiwa (e??e??e??, e??a, 1/2 a??) is the founder and Chairman of Fuwah International Group, one of Beijing's largest commercial property developers. She is one of only 19 self-made female billionaires in the world.
Chan is the founder of the China Red Sandalwood Museum, in which she is also the curator. She is also known as one of the cultural diplomats of China.
Chan Laiwa was born in 1941 in the Summer Palace of Beijing, China. She is a descendant of a noble Manchu family of the Yellow Banner Clan. At the time of her birth, the Manchu imperial family has just collapsed and her family was poor.
Poverty forced Chan to leave high school and started her own furniture repair business. In the early 1980s, Chan moved to Hong Kong and continue her business of buying and re-selling furniture. Her business in Hong Kong was successful enough that she accumulated enough money to buy 12 villas.
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.
In recent years, Madam Chan has handed over daily management of her ventures to her son, preferring to concentrate on her museum instead.
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.
Chan 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.
Chan is married, with one son and two daughters. She now resides in her Chinese Red Sandalwood Museum.

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Chan Laiwa & Family Latest News

Yesterday once more

Some of the guests were standing on top of the wall, happily posing for photos. Chan Laiwa (right) visits the craftspeople working on a red sandalwood piece at a workshop of the Red Sandalwood Museum in Beijing. Photos Provided to China Daily It is one ...
Posted: May 31, 2016, 12:51 pm

Re-creating Beijing's glorious city wall and watchtowers

Chan Laiwa (right) visits the craftspeople working on a red sandalwood piece at a workshop of the Red Sandalwood Museum in Beijing. Photos provided to China Daily A one-woman effort gets underway to re-create Beijing's glorious city wall and watchtowers ...
Posted: May 31, 2016, 1:04 pm

Prime Minister Breaks Ground for $200m Luxury Hotel

The day started with a dawn blessing, where local Maori blessed the sod and then placed it into a waka huia which was then presented to Madam Chan Laiwa, Fu Wah founder. This was followed by a traditional Chinese blessing. Fu Wah won development rights for ...
Posted: March 9, 2016, 5:38 am
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