Chan Laiwa Net Worth is$6 Billion
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Date of Birth: 1941
Country: Summer Palace
Chan Laiwa Net Worth: Chan Laiwa is a Chinese entrepreneur who has a net worth of $6 billion. Born in 1941 in Summer Palace of Beijing, China, she made her fortune in the real estate business. Today, Laiwa's Fuwah International Group, where she still serves as a Chairwoman, is one of Beijing's largest commercial property developers. This makes her one of the nineteen self-made female billionaires worldwide. Even though a descendant of a noble Manchu family of the Yellow Banner Clan, her notable family collapsed at the time of her birth and she grew up in poverty. Low living conditions made Chan leave high school to start her own furniture repair business. She decided to translate her early furniture-business success in Hong Kong in the early 1980s. Having built up enough money to buy 12 villas, she got back to Beijing by the end of the decade to expand her real estate business. At the start of the 1990s, she set up Fuwah International Group, which spreads its activities from real estate to various other fields like agriculture, tourism, electronics, hospitality and red sandalwood art production. Most recently, she handed over the daily management to her son, in order to concentrate more on her China Red Sandalwood Museum, in which she is also the curator. Furthermore, Chan Laiwa established herself as one of the cultural diplomats of China.
Chan Laiwa (?????????, ????, 1/2 ???) 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 Latest News

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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

Rich in kindness

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Posted: May 18, 2012, 12:52 am

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
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