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

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, 1:05 am

China's Richest Woman: Zhou Qunfei Went from Rags to Riches to Become Glass Supplier to Apple, Samsung

Zhou, often referred to as the 'Queen of Mobile Phone Glass', displaced real estate tycoon Chan Laiwa to take the top spot as the richest woman in the country. Incidentally, the 45-year-old, who famously supplies glass to Apple Inc., was a factory worker ...
Posted: April 1, 2015, 7:17 am

Fu Wah buys Park Hyatt Melbourne for $118 million

Reflecting the recent influx of Asian investment in Australian hotels, Fu Wah International bought this week the 240-room Park Hyatt Melbourne. The Sydney Morning ... of China’s richest women, billionaire Chan Laiwa, and the commercial real estate ...
Posted: January 23, 2014, 10:44 am
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