How rich is Chen Din Hwa?
Chen Din Hwa Net Worth:
|Birth place:||Taipei, Taiwan|
|Spouse:||Yang Foo Oi ; daughters|
|Children:||Angela Chen Wai-fong and Vivien Wai Wai Chen|
|Movies:||Twin Bracelets, Look Out, Officer!|
Chen Din Hwa net worth, wiki & biography:
Chen Din Hwa Net Worth $2.6 Billion
Industrial tycoon Chen Din Hwa comes with an estimated net worth of $2.6 billion as of March 2013 according to Forbes. Chen Din Hwa produced in 1923 in Ningbo, Zhejiang Province, Mainland China. Coming from a poor family, he decided to dropout from school to act as an apprentice for a silk merchant. At 25, he already possessed several factories and shops in Ningbo and Shanghai and he was serving as the chief manager of the family business. Eventually, he created the Nan Fung Mill which specializes on producing cotton yarn. It was in 1954 when he created the Nan Fung Development Limited and Nan Fung Textiles which was afterwards called as Nan Fung Textiles Consolidated Limited. He became the Chairman of Nan Fung Textiles Consolidated Limited. At age 89, Chen Din Hwa died of prostate cancer on June 17, 2012. Even after his death, he was still considered as one of the most affluent persons in Hong Kong. Since then, he handed over all his control of the business to Vivien Chen, his youngest daughter who has been working for the organization since 1981. This caused the resentment of his wife, who divorced him 2011, and his oldest daughter.