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In the world today
Chen Fashu

Chen Fashu

C. Fashu
-0% | + $-0.10M
$3.29 B ₹ 29,963 Cr
Real Time Net Worth #1265 Ranking as of 21 Feb 2026 By Forbes

More on Chen Fashu

Gender

Male

Age

65Y

Country

China

Born On

January, 1961

Deceased

No

Relationship Status

Unknown

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Investments)

Primary Organization

New Huadu Industrial Group

Titles

Chairman

Sources of Wealth

New Huadu Industrial Group

Industry

Investments, Mining, Retail, Food & Beverage

About Chen Fashu


C hen Fashu is a Chinese billionaire investor with a diverse portfolio of holdings in retail, mining, and beverages. He is known for his savvy and often aggressive investment style. He started his career in the timber business before co-founding New Huadu Industrial Group, which would become his primary investment vehicle.

He made a significant portion of his fortune from an early and highly profitable investment in the Zijin Mining Group, a major Chinese gold and copper producer. He has also held major stakes in the traditional Chinese liquor maker Tsingtao Brewery and the supermarket chain Yonghui Superstores. His career has been marked by a series of high-profile and lucrative investments in some of China's leading companies. He is also a well-known philanthropist, having established a charitable foundation.

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Quick Reads


  • A prominent Chinese billionaire investor.
  • His primary investment firm is the New Huadu Industrial Group.
  • Made a large part of his fortune from an early investment in Zijin Mining.
  • Has also held major stakes in Tsingtao Brewery and Yonghui Superstores.
  • He is a noted philanthropist in China.

Early Life and Background


Chen Fashu is a Chinese billionaire businessman, the Chairman of New Huadu Group, a major conglomerate focused on mining and strategic investments. Originating from the Fujian province of China, Chen's career is a testament to the profitability of contrarian investment and aggressive diversification.

His background is in practical commerce, and he later secured an education from the China Europe International Business School (CEIBS). His financial philosophy is defined by his ability to identify and secure large stakes in undervalued or strategically important companies, often at moments of market uncertainty, a skill that earned him massive financial returns in the beverage and retail sectors.

Career Journey of Chen Fashu


Chen Fashu's career is marked by strategic, high-stakes investment maneuvers. His company, the New Huadu Group, is primarily a mining company. However, Chen's wealth accelerated dramatically when he executed a brilliant strategic pivot into the beverage industry.

In May 2009, he secured a substantial 7 percent interest in Tsingtao Brewery from Anheuser-Busch InBev (AB InBev) for $235 million. This aggressive acquisition of a key stake in one of China's most famous heritage beer brands was a major financial milestone that diversified his fortune away from mining and into stable, essential consumer goods. Chen's investment strategy focuses on long-term capital appreciation and strategic control, ensuring his investment group remains a powerful force in both the mining and consumer sectors.

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Chen Fashu's Timeline


1961:

Born in Fujian province, China (Early Life).

2009 (May 9):

Acquires Anheuser-Busch InBev's 7 percent stake in Tsingtao Brewery for $235 million (Strategic Investment).

Ongoing:

Continues as Chairman of New Huadu Group, guiding its diversification and investment strategy (Executive Leadership).

Major Business Ventures and Investments


Chen Fashu's wealth is rooted in his controlling stake in the private New Huadu Group and his highly profitable strategic equity positions.

  • New Huadu Group (Chairman): The core asset, a major Chinese conglomerate with interests in mining, retail, and investments.
  • Tsingtao Brewery Stake: His highly profitable acquisition of a 7 percent stake in China's iconic beer brand from AB InBev in 2009.
  • Investment Diversification: His fortune is managed through private investment strategies, often targeting publicly listed companies in stable sectors.
  • Mining and Retail: The New Huadu Group’s interests span mining, providing commodities, and retail (through the New Huadu Department Store).

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Philanthropy and Social Impact


Chen Fashu's social impact is structural, stemming from the economic activity and job creation provided by the New Huadu Group's mining and retail operations. His strategic investment in Tsingtao Brewery helps maintain the stability and national prestige of a major Chinese consumer brand.

His personal philanthropy often supports educational and social welfare initiatives. His career is a testament to the success of applying contrarian financial acumen to essential industrial and consumer sectors in China.

Fashion, Style, and Lifestyle


Chen Fashu maintains the formal, traditional style of a Chinese industrial and investment executive. His attire is consistently professional and conservative, favoring tailored business suits. His aesthetic is one of serious, private authority, reflecting his status as a major player in the mining and beverage sectors.

Residing in Fuzhou, China, his luxury is the security and autonomy derived from his multi-billion dollar fortune. His life is dedicated to strategic, contrarian investment, leveraging his financial power to acquire and control key, high-value assets in the Chinese economy.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the Chairman of New Huadu Group, a mining and investment conglomerate.
  • He secured a crucial 7 percent stake in Tsingtao Brewery from AB InBev.
  • He is known for his contrarian investment philosophy.
  • He holds a degree from the China Europe International Business School (CEIBS).
  • He is a married man and a father of four children.
  • His wealth is tied to the stability of the mining and consumer beverage sectors.
  • The acquisition of the Tsingtao stake was valued at $235 million.

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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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