CHEN LIHUA BIO, AGE, FAMILY, HUSBAND, NET WORTH, CAREER, BUSINESS JOURNEY, THE CHINA RED SANDALWOOD MUSEUM

Chen Lihua Biography

Chen Lihua is a chairman and founder of Fuwah International Group, a significant developer of commercial real estate in Beijing. The China Red Sandalwood Museum was founded by him.

How old is Chen Lihua? – Age

She was born in 1941 in Beijing, China. She turned 71 years in 2022.

Chen Lihua – Family

She comes from a prestigious Manchu family and is a Qing dynasty descendent. When the Manchu Qing empire collapsed, her family lost its properties and fell into poverty.
Chi Zhongrui, a Chinese actor, and Chen are wed.

Chen Lihua’s husband

One son and two daughters were born to her. Currently, she resides in China’s Red Sandalwood Museum.

Chen Lihua's photo
Chen Lihua’s photo

Chen Lihua’s Wealth – Net Worth

Her estimated net worth as of 2022 is $5 billion. She is one of just 19 female billionaires in the world who did not inherit their wealth, according to Forbes, who rated her as the tenth richest mainland Chinese in 2014. She is also the richest woman in China. Chen was eclipsed as the richest woman in China in 2015 by touchscreen entrepreneur Zhou Qunfei.

Chen Lihua The China Red Sandalwood Museum

She made a 20 billion yuan investment in the 1999-founded China Red Sandalwood Museum. The museum has a floor area of 25,000 square meters. She credited her formative years spent in the Summer Palace, where the wood is utilized in the furnishings, for her love of red sandalwood. Additionally, she has given sandalwood artwork to museums all throughout the world.

In addition, Chen is renowned for her social consciousness and generosity. Fu Wah made donations to disaster assistance totaling 265 million yuan in 2004 and 130 million yuan in 2005.

Chen Lihua Business Journey

Due to financial difficulties, Chen was forced to leave high school and launch her own furniture repair company. In order to continue her furniture buying and reselling company, Chen relocated to Hong Kong in the early 1980s. She was able to purchase 12 villas because to the success of her Hong Kong-based firm. In the late 1980s, she went back to Beijing to grow her real estate company. She established Fuwah International Group in the start of the 1990s. 
Although the company’s principal industry is real estate, it also has diversified portfolio that includes, among other things, agriculture, tourism, electronics, hotels, and the creation of red sandalwood art. She recently gave her son daily administration of her company so she could concentrate on running the museum.

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