Chen Lihua: Age, : Wealth Report Net Worth 2026: Career Earnings & Assets

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Chen Lihua, also known as Chan Laiwa, is a prominent Chinese businesswoman and philanthropist, renowned for her remarkable journey from humble beginnings to becoming one of China’s wealthiest individuals. As the founder and chairwoman of Fuwah International Group, she has made significant contributions to real estate development and cultural preservation in China.

Net Worth and Lifestyle

As of October 2024, Chen’s net worth is estimated at 55 billion yuan ($7.7 billion), primarily derived from her real estate ventures and the Red Sandalwood Museum. Her company, Fuwah International Group, owns properties in some of Beijing’s most prestigious locations, contributing significantly to her wealth. Despite her affluence, Chen is known for her modest lifestyle, often emphasizing the importance of cultural and philanthropic endeavors over material possessions.

The loss of her family’s estates compelled Chen to leave high school prematurely. Undeterred, she initiated a furniture repair business, demonstrating an early aptitude for entrepreneurship. This venture not only provided financial support but also laid the foundation for her future endeavors in the business world.

In recognition of her business acumen and cultural contributions, Forbes ranked Chen as the 10th richest individual in mainland China and the richest woman in the country in 2014. Notably, she is among the few self-made female billionaires globally, having built her fortune without inheritance.

Personal Life and Relationships

Chen is married to Chi Zhongrui, a Chinese actor renowned for his portrayal of Tang Sanzang in the 1982 TV adaptation of “Journey to the West.” The couple has been together since 1990 and shares a deep commitment to cultural preservation. Chen has three children from a previous marriage, all of whom hold significant roles within her business empire.

Early Life and Family Background

Born in 1941 within the historic confines of Beijing’s Summer Palace, Chen Lihua hails from a noble Manchu family of the Qing dynasty. Following the dynasty’s collapse, her family faced financial hardships, leading to a modest upbringing. These early experiences instilled in her a profound resilience and determination to overcome adversity.

Career Beginnings and Key Milestones

In the early 1980s, Chen relocated to Hong Kong, seeking broader horizons. There, she continued her furniture business, focusing on buying and reselling pieces. Her keen business acumen led to substantial success, enabling her to acquire 12 villas in Hong Kong. This period marked a significant turning point, as she amassed the capital and experience necessary for larger ventures.

Full Name: Chen Lihua (Chan Laiwa) Date of Birth: 1941 Place of Birth: Summer Palace, Beijing, China Nationality: Chinese Occupation: Founder and Chairwoman of Fuwah International Group Spouse: Chi Zhongrui Children: Three Total Wealth: Estimated at $7.7 billion as of October 2024

Returning to Beijing in the late 1980s, Chen capitalized on China’s burgeoning real estate market. She founded Fuwah International Group in the early 1990s, steering the company to become one of Beijing’s largest commercial property developers. Under her leadership, Fuwah expanded its portfolio to include agriculture, tourism, electronics, hospitality, and red sandalwood art production.

Notable Works and Achievements

One of Chen’s most distinguished contributions is the establishment of the China Red Sandalwood Museum in 1999. Investing 20 billion yuan, she created a 25,000-square-meter space dedicated to preserving and showcasing red sandalwood art. This endeavor reflects her passion for cultural heritage and has been instrumental in promoting traditional Chinese craftsmanship.

Charitable Work and Legacy

Chen’s philanthropic efforts are extensive, particularly in disaster relief and cultural preservation. Her establishment of the China Red Sandalwood Museum serves as a testament to her dedication to safeguarding Chinese heritage. Through her business and charitable activities, she has left an indelible mark on China’s cultural and economic landscape.

Future Plans and Impact on Culture

While Chen has transitioned daily management of her ventures to her son, she remains actively involved in cultural initiatives. Her future plans include expanding the reach of the Red Sandalwood Museum and continuing to promote traditional Chinese arts. Her influence on Chinese culture and the business community continues to inspire future generations.

Disclaimer: Chen Lihua: Age, wealth data updated April 2026.