Chen Fashu

Chen Fashu

$3.18 B

Ranked #1300 in World

About Chen Fashu

Renowned Chinese billionaire, Chen Fashu, with a US$2.8 billion fortune as per Forbes' July 2018 analysis, chairs the New Huada Group, a major player in the mining sector. Originating from Fujian and educated at CEIBS, Fashu stepped into the beverage industry by securing a substantial 7% interest in Tsingtao Brewery from Anheuser-Busch InBev for $235 million in 2009. Residing in Fuzhou, he balances his professional endeavors with family life as a husband and father to four.

Born

October 26, 1960

Age

65 years

Source Of Wealth

Investments

Industries

Finance & Investments

Citizenship

China

Residence

Fuzhou

Education

China Europe International Business School

Children

4

Chen Fashu, a prominent Chinese billionaire businessman, was born in the Fujian province of China. Details about his early years and childhood remain undisclosed.

Chen Fashu: Family

Chen Fashu is a married man and a father of four children. However, specific information about his family members and their identities is not publicly available.

Chen Fashu: Career Highlights

Chen Fashu serves as the Chairman of New Huada Group, a renowned Chinese mining company. His leadership and expertise have played a pivotal role in shaping the company's success and growth within the mining industry.

Chen Fashu: Companies

Chen Fashu's primary business venture is New Huada Group, a prominent mining company based in China. Under his leadership, the company has achieved significant milestones and established itself as a key player in the mining sector.

Chen Fashu: Major Achievements

One of Chen Fashu's notable achievements was the acquisition of Anheuser-Busch InBev's remaining 7% stake in Tsingtao Brewery for $235 million on May 9, 2009. This strategic move solidified New Huada Group's position within the beverage industry.

Chen Fashu: Awards & Achievements

Information regarding specific awards and achievements received by Chen Fashu is not readily available.

Chen Fashu: Personal Life & Legacy

Chen Fashu maintains a relatively private personal life. He currently resides in Fuzhou, China, and details about his personal interests and hobbies remain undisclosed.

Chen Fashu: Trivia

Chen Fashu's net worth was estimated at an impressive US$2.8 billion as of July 2018, according to Forbes. This substantial wealth reflects his successful business ventures and contributions to the mining industry.

Wealth History

Timeline

N/A

Chen Fashu was born in Fujian province, China.

N/A

Chen Fashu graduated from China Europe International Business School.

May 9, 2009

Chen Fashu acquired Anheuser-Busch InBev's remaining 7% stake in Tsingtao Brewery for $235 million.

Chen Fashu : FAQs

What is Chen Fashu's current net worth?

Chen Fashu's current net worth is $3.18 billion.

What is Chen Fashu's current global rank among billionaires?

Chen Fashu holds the 1300th position globally among billionaires.

What is Chen Fashu's current ranking within the China?

Chen Fashu holds the 148th position in China.

What was the change in Chen Fashu's net worth compared to the previous year?

Chen Fashu's net worth decreased by 30.76 million dollars compared to the previous year 2025, when his net worth was 3.21 billion dollars.

What is the recent change in Chen Fashu's net worth?

Chen Fashu's net worth decreased by 36.15 million dollars recently, a 1.14% decrease, with his net worth standing at 3.18 billion dollars.

What are Chen Fashu's main sources of wealth?

Chen Fashu's main source of income comes from Investments.

In which industry does Chen Fashu primarily operate?

Chen Fashu is primarily involved in the Finance & Investments industry.

What is Chen Fashu educational background?

Chen Fashu holds a China Europe International Business School.

How old is Chen Fashu?

Chen Fashu is 65 years old.

How many children does Chen Fashu have?

Chen Fashu has 4 children.

What company does Chen Fashu chair and what industry is it in?

Chen Fashu is the chairman of New Huada Group, which is primarily a Chinese mining company.

Where was Chinese billionaire Chen Fashu born?

Chinese billionaire businessman Chen Fashu was born in Fujian province, China.

Which notable beer company's shares did Chen Fashu acquire and when?

Chen Fashu acquired Anheuser-Busch InBev's remaining 7% stake in Tsingtao Brewery for $235 million on May 9, 2009.

What is known about Chen Fashu's family and residence?

Chen Fashu is married with four children and resides in Fuzhou, China.
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