RedCarpetLife
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In the world today
Chen Dongsheng

Chen Dongsheng

C. Dongsheng
0% | + $-0.02M
$8.88 B ₹ 80,793 Cr
Real Time Net Worth #395 Ranking as of 21 Feb 2026 By Forbes

More on Chen Dongsheng

Gender

Male

Age

68Y

Country

China

Born On

December, 1957

Deceased

No

Relationship Status

Married

Children

3

Education

Wuhan University - PhD In Economics

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Insurance, Auctions)

Primary Organization

Taikang Insurance Group

Titles

Founder, Chairman & CEO

Sources of Wealth

Taikang Insurance Group

Industry

Finance, Insurance, Healthcare, Art

About Chen Dongsheng


C hen Dongsheng is a prominent Chinese entrepreneur who is the founder, chairman, and CEO of Taikang Insurance Group, one of China's largest insurance and financial services companies. He is also the founder of China Guardian Auctions, the country's first major art auction house. An economist by training, he was part of the first wave of entrepreneurs in the early 1990s who left government jobs to create private businesses.

He founded Taikang in 1996 and has built it into a massive enterprise with interests in life insurance, asset management, and healthcare. He has been a pioneer in combining insurance with senior living communities, creating a new model for elder care in China. In addition to his insurance empire, his founding of China Guardian established a legitimate and transparent market for Chinese art and antiques. He is also the grandson-in-law of the late Chinese leader Mao Zedong, a connection that has added to his prominence.

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Quick Reads


  • Founder and Chairman of Taikang Insurance Group, a major Chinese insurer.
  • Also founded China Guardian Auctions, the country's first major auction house.
  • A pioneer in integrating insurance services with senior care facilities in China.
  • He is the grandson-in-law of the former Chinese leader Mao Zedong.
  • One of China's first prominent private entrepreneurs from the 1990s.

Early Life and Background


Chen Dongsheng is a Chinese businessman and entrepreneur, the Chairman and CEO of Taikang Life Insurance Co., Ltd. (now Taikang Insurance Group), a major national insurance company. He is one of the leading figures of the Class of 92—business elites who left government or official research institutes in 1992 to start their own businesses, pioneering China's modern market economy.

Chen received a rigorous academic background, earning a PhD in Economics from Wuhan University. This strong theoretical background and experience in macroeconomic research provided him with the analytical framework necessary to identify and capitalize on the massive, untapped opportunities in China's rapidly liberalizing economy. His most influential idea, Innovation means leading imitation, became a vivid interpretation of the late-developer theory for Chinese businesses.

Career Journey of Chen Dongsheng


Chen Dongsheng's entrepreneurial journey is marked by founding three highly successful, diverse ventures. 1993: China Guardian Auction House. He founded China's first international auction house, a move that immediately professionalized and legitimized the art and antiques market in China.

1994: Zhaijisong. He founded this well-known delivery company, demonstrating his early understanding of logistics and consumer services. 1996: Taikang Life Insurance. He founded Taikang Life Insurance (now Taikang Insurance Group), where he serves as Chairman and CEO. This venture became a large, national insurance company that rapidly expanded to cover the full industrial chain of corporate annuity, asset management, health insurance, and senior care community development (a major diversification into high-end real estate and service). His successful practice in corporate management and original thought have made him a leading figure in China's financial and academic spheres.

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Chen Dongsheng's Timeline


1992:

Creates the term 'the 92 Group' (Thought Leadership).

1993:

Founds China Guardian Auction House, China's first international auction house (Founding 1).

1994:

Founds the delivery company Zhaijisong (Founding 2).

1996 (August 22):

Founds Taikang Life Insurance Company Limited (Founding 3).

Ongoing:

Guides Taikang's diversification into senior care community development and asset management (Strategic Growth).

Ongoing:

Continues as Chairman and CEO of Taikang Insurance Group (Executive Leadership).

Major Business Ventures and Investments


Chen Dongsheng's wealth is rooted in his founding and continued executive leadership of the major national insurer, Taikang Insurance Group, and his successful prior ventures.

  • Taikang Insurance Group (Founder, Chairman & CEO): The core asset, a large national insurance company focused on life insurance and operating a full industrial chain (asset management, senior care communities, health insurance).
  • China Guardian Auction House (Founder): China's first international auction house, a pioneer in the country's art market.
  • Senior Care Community Development: A key strategic diversification into high-value real estate and service provision for China's aging population.
  • Zhaijisong: The delivery company he founded in 1994.

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Philanthropy and Social Impact


Chen Dongsheng is actively involved in economic, financial, and academic spheres in China. His social impact is structural, stemming from the professionalization of the art market (through China Guardian) and the stabilization of the financial lives of millions of Chinese citizens (through Taikang Life Insurance).

His creation of the term 'the 92 Group' highlights the immense contribution of entrepreneurial elites to China's reform era. His current focus on senior care communities provides a structural solution to the societal challenge of China's aging population, turning a national need into a profitable, high-impact business sector.

Fashion, Style, and Lifestyle


Chen Dongsheng maintains the polished, intellectual style of a Chinese statesman and financial executive. His attire is consistently formal and refined, favoring tailored business suits and a classic aesthetic. His public persona is defined by his sound theoretical background and original thought, setting him apart as a leading figure among China's founding entrepreneurs.

Residing in Beijing, his luxury is the security of his multi-billion dollar financial empire and his unique position as a cultural and financial innovator. His life is dedicated to long-term value creation in essential service sectors, from insurance to elder care.

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Quotes and Philosophy


“Innovation means leading imitation.”

“Taikang Life is focused on the full industrial chain of health insurance, asset management, and senior care community.”

Fun Facts & Trivia


  • He is the creator of the term 'the 92 Group' (entrepreneurs who left government for business).
  • He founded China Guardian Auction House, China's first international auction house.
  • He is the Chairman and CEO of Taikang Life Insurance.
  • His most influential idea is 'Innovation means leading imitation.'
  • Taikang has diversified into developing senior care communities (real estate and service).
  • He holds a PhD in Economics from Wuhan University.
  • He is the President of the China Association of Actuaries.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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