Chen Fashu Net Worth is2,600 $Million
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Chen Fashu Latest News

Who is Stymieing our Charity?

Through this method, other negative outcomes can be avoided. For example, in 2009, Chen Fashu, then the wealthiest Chinese citizen, announced that he would donate shares and assets worth over eight billion yuan to establish a charity fund. However ...
Posted: September 20, 2010, 5:00 pm

Top 10 newsmakers who rocked China's stock market

Chen Fashu, chairman of Xinhuadu Group, signed a contract on Sept 10, 2009, to buy 65.81 million shares of Yunnan Baiyao Group Co Ltd, at a price of 2.2 billion yuan. Yunnan Baiyao is a Shenzhen-listed traditional Chinese medicine maker. Chen paid up 2.2 ...
Posted: August 25, 2014, 6:50 pm

2012 Mining Billionaires: #42 – #87 Chen Fashu to Roberto Ongpin

$2.7 billion, 51, Fuzhou – China. Fashu is chairman of the New Huadu Group. Though he is one of China's most powerful entrepreneurs, Chen has been enduring a high-profile setback: He paid Yunnan Hongta Group $349 million in 2009 for a 13.6% stake in ...
Posted: April 15, 2012, 10:00 pm
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