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.

Chan Laiwa & Family Latest News

Chan Laiwa

Celebrated entrepreneur Chan Laiwa is head of Fu Wah International [Women of China] Celebrated entrepreneur Chan Laiwa is head of Fu Wah International, a well known Hong Kong registered multinational firm. She is also a member of the National Committee of ...
Posted: December 22, 2010, 4:00 pm

The World's 100 Most Powerful Women 2012

Chan Laiwa (No. 79), like Walton, has put her focus on preserving the finest of her nation’s original art. Latinas represent: Brazil President Dilma Rouseff (No. 3), the 2012 Power Woman cover profile, shares a spot on the list with her compatriots das ...
Posted: August 22, 2012, 6:42 am

Factory girl turned touchscreen supplier is China's richest

Dubbed as the "Queen of Mobile Phone Glass", the 25-year-old has ousted Chan Laiwa, founder of Beijing Red Sandalwood Cultural Foundation, who was previously named China's richest woman with total assets of USD 6.1 billion according to a global billionaire ...
Posted: April 1, 2015, 2:14 pm
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