Chen Lihua: It’s a Natural Thing to Give

China’s Chen Lihua, now in her early 70s, has a net worth of well over one billion dollars. This wealth comes from the Fu Wah International Group which she established to undertake residential housing projects. By all accounts she is a humble and focused philanthropist with a desire to share her love of her country with people around the globe.

Coming from a poor family, Lihua finished her education at the high school level and travelled to Hong Kong in the 1980s to polish her business skills. She returned home to set up Fuw Wah and has never looked back.

Chen Lihua has invested 200 million RMB in her China Red Sandalwood Museum which is spread over 100,000 square metres in Beijing. It is a monumental achievement and she has gifted sandalwood artwork to museums throughout the world.

“I should be responsible for everybody around me. It is only a natural thing to give money to those most in need.”

She doesn’t keep accounts but donates massive amounts for disaster and poverty relief and education of the needy.

CFI

Recent Posts

David Ogilvy, the Original Mad Man: The Man Who Sold Selling

He revolutionised advertising with intelligent, witty campaigns and a deep respect for the consumer. David…

1 day ago

A Bold Shift in the Desert: Saudi Arabia’s $100bn Mining Venture and the Future of Battery Metals

Saudi Arabia is accelerating its economic transformation. In its latest move to reduce reliance on…

6 days ago

Could Elon Musk Revolutionise Social Media by Acquiring TikTok?

The U.S. operations of TikTok face an uncertain future as the Supreme Court prepares to…

1 week ago

Why Coffee and Chocolate Prices Are Heating Up in 2025

If you're a fan of mocha lattes or indulgent chocolate treats, 2025 might be a…

1 week ago

The Future of Luxury Watches: Trends, Players, and Market Insights for 2025

The luxury watch market, long a symbol of sophistication and craftsmanship, is entering a dynamic…

2 weeks ago

Paolo Sironi, IBM: Mind the Gap Between Small-Medium Businesses and Their Banks

Financial services are adapting to better serve SMEs, but a gap remains between what banks…

2 weeks ago