Guo Guangchang’s profile picture

Guo Guangchang

Guo Guangchang’s profile picture
Net worth 2018: $8.46 Billion
Industry: Diversified
Residence: Shanghai, China
Country: China
BirthDay: 1967
Children: 3
Education: Bachelor of Arts / Science, Fudan University; Master of Business Administration, Fudan University
BIOGRAPHY

Guo Guangchang was bornon 1967 in Shanghai, China, China. Guo Guangchang is #184 in List Billionaires People In The World. Guo Guangchang chairs Fosun International. He transformed the conglomerate into an insurance-focused investment group. In December 2016, Fosun agreed to sell U.S. insurer Ironshore to Liberty Mutual for about $3 billion to help raise cash. Guo was detained by Chinese authorities for several days in December 2015 to assist with an unspecified investigation. Fosun's investments range from steelmaking to mining, tourism and pharmaceuticals. Fosun cofounder Liang Xinjun is also a billionaire.

NET WORTH STATISTIC
2009

$1.1 Billion

2010

$2.4 Billion

2011

$2.8 Billion

2012

$2.4 Billion

2013

$2.7 Billion

2014

$4.3 Billion

2015

$5.7 Billion

2016

$5 Billion

2017

$6.3 Billion

2018

$8.46 Billion

TIMELINE
2015

As of 2015 he was listed as the 34th richest person in China by Forbes, with a net worth of $7

2013

According to Hurun Report's 2013 China Rich List he was the 41st richest person in China

2012

Guo is a member of the National Committee of the 12th Chinese People's Political Consultative Conference, a member of the Standing Committee of All-China Federation of Industry and Commerce, a member of the Standing Committee of All-China Youth Federation, the Honorary Chairman of Shanghai Zhejiang Chamber of Commerce

2010

At the 2010 Shanghai World Expo, Guo, together with 15 other Chinese entrepreneurs, funded the Chinese Private Enterprise Pavilion, which was the debut of China's non-state-owned enterprises in World Expo

1994

Since 1994, Guo has been the chairman of Fosun Group and invested in insurance, pharmaceuticals and healthcare, property, steel, mining, retail, services, finance and other investment, and asset management, creating one of the largest non-state owned enterprises in China

1992

In 1992, Guo founded Guangxin Technology Development Company Ltd, which was among the first to use scientific methods in market research in mainland China

1989

In 1989, Guo received a BA in Philosophy and an MBA from Fudan University

1967

Guo Guangchang was born in Dongyang, Zhejiang, in 1967

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