Chen Fashu Net Worth

Chen Fashu has an estimated net worth of $3 billion, according to Forbes Real-Time Billionaires, Chen Fashu profile (figures as of October 20, 2026). That is up from $1.7 billion in 2019.

Chen Fashu is a Chinese businessman and investor who chairs New Huadu Group, a holding company he founded in 1998. He was born in 1961 in Fujian province, and Forbes describes him as self-made.

Before New Huadu he tried several businesses, including timber trading and retail. He later studied at the China Europe International Business School. He is married with four children and lives in Fuzhou, the capital of Fujian.

He is best known as a dealmaker who takes big stakes in listed companies and holds them for the long run. He also sits on the board of Shanghai Pharmaceuticals Holding.

Chen's story is typical of a generation of Fujian entrepreneurs who started small in trading and later moved into finance. Instead of building one large operating company, he made his fortune by spotting undervalued businesses and buying big stakes in them before the market caught on.

How Chen Fashu made his money

Chen became an avid investor after earning a large return on shares in Zijin Mining, a Chinese gold miner. That success gave him the capital and confidence to make other large bets through New Huadu Group.

His best-known holdings are stakes in Yunnan Baiyao, a pharmaceutical company famous for traditional medicines, and Longi Green Energy, one of China's largest solar manufacturers. In 2009 he bought Anheuser-Busch InBev's remaining 7% stake in Tsingtao Brewery for $235 million.

Because his fortune sits in listed shares, it rises and falls with the stock market. Gains in solar and healthcare stocks lifted him sharply in 2021, and later declines in those sectors pulled him back.

The Tsingtao deal made headlines because it brought one of China's most famous beer brands partly into private Chinese hands. His holdings across mining, medicine, beer and solar power show how widely he has spread his bets. He has stayed largely out of the public eye while managing these holdings from Fujian.

How Forbes has valued Chen Fashu

Forbes valued Chen at $1.7 billion in 2019 and $1.5 billion in 2020. His figure then nearly quadrupled to $5.9 billion in 2021, the highest on record, before easing to $5.2 billion in 2022.

It fell to $3.5 billion in 2023 and $2.8 billion in 2024, then rose to $3 billion in 2025 and $3.3 billion on the 2026 World's Billionaires List. As of October 20, 2026, the Forbes real-time billionaires tracker showed $3 billion.