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Chen Lihua, founder of Beijing's Fuwah International Group, is heralded as one of China's self-made female billionaires and an exemplar in the commercial real estate arena. Born into a noble family that faced destitution with the fall of the Qing dynasty, Lihua's rags-to-riches story commenced with a humble furniture repair business and culminated in the establishment of a multi-sector enterprise in the early 1990s. Esteemed for her cultural commitment, Chen's China Red Sandalwood Museum, which she curates, stands as a testament to her philanthropic efforts and artistic passion. Having climbed to the pinnacles of wealth, she now dedicates herself to cultural preservation while instilling her entrepreneurial legacy in her progeny.
January 01, 1941 in Summer Palace, Beijing, China
85 years
Real Estate
Real Estate
China
Beijing
Doctorate, Savannah College of Art and Design
Chi Zhongrui
Chen Lihua was born in 1941 in the Summer Palace of Beijing, China. She is a descendant of a noble Manchu family of the Qing dynasty. However, her family lost their estates and became impoverished after the collapse of the Qing dynasty.
Chan Laiwa & family: Family
Chen Lihua is married to Chinese actor Chi Zhongrui. They have one son and two daughters. Currently, she resides in the China Red Sandalwood Museum.
Chan Laiwa & family: Career Highlights
Chen Lihua is the founder and chairman of Fuwah International Group, a prominent commercial property developer in Beijing. She established the company in the early 1990s with a diverse portfolio in real estate, agriculture, tourism, electronics, hospitality, and red sandalwood art production. Recently, she handed over the daily management of her ventures to her son to focus on her museum.
Chan Laiwa & family: Companies
Chen Lihua is the founder and chairman of Fuwah International Group. The company has a diverse portfolio in real estate, agriculture, tourism, electronics, hospitality, and red sandalwood art production.
Chan Laiwa & family: Major Achievements
Chen Lihua is ranked as the 10th richest mainland Chinese and the richest woman in China in 2014 by Forbes. She is also one of the 19 female billionaires globally who did not inherit their billionaire status.
Chan Laiwa & family: Awards & Achievements
Chen Lihua has received numerous awards and recognitions for her contributions to business and philanthropy. Some of her notable awards include:
Chan Laiwa & family: Personal Life & Legacy
Chen Lihua is known for her social responsibility and philanthropy. Fu Wah donated 130 million yuan for disaster relief in 2005 and 265 million yuan in 2004. She is also the founder and curator of the China Red Sandalwood Museum, which showcases her love for red sandalwood, influenced by her childhood in the Summer Palace.
Chan Laiwa & family: Trivia
Chen Lihua left high school due to poverty and started a furniture repair business.
She moved to Hong Kong in the early 1980s and continued her furniture business. She accumulated enough wealth to purchase 12 villas in Hong Kong before returning to Beijing in the late 1980s to expand her real estate business.
Chen Lihua was born in the Summer Palace of Beijing, China.
Chen Lihua moved to Hong Kong and continued her furniture business.
Chen Lihua returned to Beijing to expand her real estate business.
Chen Lihua established Fuwah International Group with a diverse portfolio in real estate, agriculture, tourism, electronics, hospitality, and red sandalwood art production.
Chen Lihua founded the China Red Sandalwood Museum with an investment of 20 Billion Yuan.
Fu Wah donated 265 million yuan for disaster relief.
Fu Wah donated 130 million yuan for disaster relief.
Chen Lihua was ranked as the 10th richest mainland Chinese and the richest woman in China by Forbes.
What is Chan Laiwa's current net worth?
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Who is Chen Lihua and what is her significance in the Chinese real estate industry?
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