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

When Trust Erodes: Unpacking the Anatomy of Corporate Scandals

Corporate scandals, from Wells Fargo’s fake accounts to Enron’s fraudulent accounting, shatter public trust and…

3 days ago

The Evolution of Elite: A History of Hedge Funds

From Alfred Winslow Jones’s 1949 experiment to today’s trillion-dollar hedge fund industry, the story of…

5 days ago

The Vanishing Vault: Has Digital Banking Closed More Than Just Branches?

As physical bank branches vanish from high streets across Europe and North America, the shift…

1 week ago

AI Dividends Arrive: Big Tech’s Earnings Surge Shows Power of Scale and Strategy

Meta, Microsoft, Apple, and Amazon deliver robust earnings, reinforcing their central role in markets—and highlighting…

2 weeks ago

Sango Capital: Reframing Africa’s Investment Landscape for a New Global Cycle

As global capital seeks diversified growth and risk-adjusted returns, Sango Capital reaffirms Africa’s position as…

4 weeks ago

The Janus-Faced Banker: Hjalmar Schacht and the Tragedy of German Economics

Hjalmar Schacht, a brilliant economist who rescued Germany from hyperinflation, ultimately became an enabler of…

4 weeks ago