Chen Din Hwa Net Worth is2.60 $Billion
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Birth Date: 1923
Birth Place: Ningbo, Zhejiang Province, China
Death Date: 17 June 2012 (aged 89)
Death Place: Hong Kong Sanatorium & Hospital, Hong Kong
Spouse: Yang Foo Oi (divorced)
Nationality: China
Citizenship: Hong Kong
Residence: Hong Kong
Relations: Angela Chen Wai-fong and Frank Seto (daughter and her partner) , Vivien Wai Wai Chen (daughter) and Tang Man-fai (son-in-law)
Religion: Buddhist
Occupation: Founder and Chairman, Nan Fung Development Ltd
Networth: {{profit}} US$3.7 billion[ 08hkrichest Chen-Din-Hwa HOW5.html #10 Chen Din Hwa -]
Chen Din-hwa (Traditional Chinese: e??a>>?e(C)?; Simplified Chinese: e??a>>?e??; 1923 a?? 17 June 2012), was a Hong Kong industrial tycoon, billionaire and philanthropist. He was known as the King of Cotton Yarn in Hong Kong.
Chen was born in Ningbo, Zhejiang Province, Mainland China in 1923. His family was poor and he left school at the age of 12 to serve as an apprentice to a silk merchant. His father was reportedly a Shanghai-based industralist, mainly in textiles. When Chen was 22 years old, he was already chief manager of his family business and owned several shops and factories in Shanghai and Ningbo. In 1949, Chen's family shifted to Hong Kong and set up in business there. He set up a successful cotton-yarn maker called Nan Fung Mill.
In 1954, he established Nan Fung Textiles (later Nan Fung Textiles Consolidated Limited), becoming chairman, and Nan Fung Development Limited. The company also developed interests in shipping.
When diagnosed with Alzheimer's disease in 2009, Chen handed over control of his business to his younger daughter Vivien Chen, who had been part of the business since 1981. In 2010, his wife Yang Foo Oi and elder daughter Angela, a trained architect who lived in the United States and now in Hong Kong, sued younger daughter Vivian, alleging that Chen was misled into transferring assets to a trust fund controlled by Vivian. Yang divorced him in 2011.
Chen died on 17 June 2012 at the age of 89, reportedly of prostate cancer.
At his death he was ranked by Forbes as the 14th wealthiest person in Hong Kong, with a net worth of US$2.6 billion, though earlier in his career he had been among the top ten.
Chen was married to Yang Foo Oi (born 1924/25) until 2011. The couple have two daughters, Angela Chen Wai-fong and Vivien Wai Wai Chen, and at least one granddaughter, Karen Cheung.
As a devout Buddhist, Chen founded the D.H. Chen Foundation, which provides charity services in education, welfare and medicine.

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Chen Din Hwa Latest News

Top 40 richest people in Hong Kong 2012

Diagnosed with Alzheimer's in 2009. Daughter Vivien now runs firm with long-term partner, Frank Seto. Chen's wife, Yang Foo Oi, is suing Vivien, alleging she took advantage of her father's ill health to grab the bulk of his wealth.
Posted: January 8, 2012, 4:00 pm

Casino tycoon's family feuds over Macau fortune

The family of Nan Fung Group founder Chen Din-hwa has been squabbling over his company, which has interests in property, textiles and shipping. Chen, 87, is Hong Kong's 11th richest person, according to Forbes, who puts his wealth at $3.8 billion.
Posted: January 31, 2011, 9:30 pm

Financial Statements And Related Announcement :: Profit Guidance

As at the date of this announcement, the executive directors of the Company are Mr. Chen Wei Ping and Mr. Chew Hwa Kwang, Patrick; and the independent non-executive directors of the Company are Mr. Chan Soo Sen, Dr. Xu Wei Dong and Mr. Tong Din Eu.
Posted: May 5, 2017, 4:54 pm
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