Chan Laiwa Net Worth $7.3 Billion
Chinese businesswoman Chan Laiwa comes with an estimated net worth of $7.3 billion. Born in Summer Palace of Beijing, China, Chan Laiwa is a descendant of the imperial family Manchu. During her arrival, the imperial family had collapsed, thus, she was born into a poor family. Eventually, she was compelled to leave high school and pursue her furniture repair business. She then moved to Hong Kong and started participating in buying and re-selling furniture. While in Hong Kong, she has amassed a terrific fortune which enabled her to purchase 12 villas. Later on, she went back to China where she continued being active in the real-estate industry. In the early 1990’s, she founded Fuwah International Group. The business has portfolio in the many areas which include hospitality, red sandalwood production, tourism, electronics and creation. Today, Fuwah International Group is considered among the biggest real estate developers in Beijing.