Chen Lihua (Chan Laiwa)

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Notable Roles

 - Founder & Chairwoman, Fu Wah International Group
- Founder & Curator, China Red Sandalwood Museum

Key Recognition

- One of the world's richest self-made women
- Named to Time 100 Most Influential People (2012)
- Honorary Doctorate from Savannah College of Art and Design
- Member, Chinese People's Political Consultative Conference (CPPCC)

Background and Early Foundations

Born in 1941 within Beijing’s Summer Palace, Chen Lihua hails from a noble Manchu lineage. The fall of the Qing dynasty left her family in poverty, compelling her to leave high school and start a furniture repair business. Her entrepreneurial spirit led her to Hong Kong in the early 1980s, where she found success in furniture trading. Accumulating wealth, she returned to Beijing in the late 1980s, founding Fu Wah International Group and embarking on a journey that would see her become a leading figure in real estate and cultural preservation.

Career Milestones and Impact

Year

Milestone

1970s

Started a furniture repair business after leaving high school

Early 1980s

Moved to Hong Kong; established a successful furniture trading business

Late 1980s

Returned to Beijing; founded Fu Wah International Group

1999

Established the China Red Sandalwood Museum with a 200 million yuan investment

2004–2005

Donated over 395 million yuan for disaster relief efforts

2012

Named to Time magazine's 100 Most Influential People list

2025

Continues to lead cultural preservation efforts through her museum and philanthropy

  • Net Worth (2025): ~$3.67 billion
  • Fu Wah Real Estate Portfolio: Over 1.5 million square meters developed
  • China Red Sandalwood Museum: 25,000 square meters, 200 million yuan investment
  • Philanthropic Donations: Over 395 million yuan for disaster relief (2004–2005)
  • Time 100 Recognition: 2012

Leadership Style and Influence

Chen Lihua’s leadership is characterized by a blend of traditional values and modern business acumen. She emphasizes cultural heritage, quality, and social responsibility. Her approach has not only led to business success but also positioned her as a cultural ambassador and philanthropist, influencing both the corporate world and society at large.

Legacy and Future Focus

Chen Lihua’s legacy is multifaceted—spanning real estate, cultural preservation, and philanthropy. As she continues to focus on her museum and charitable endeavors, her story serves as an inspiration for aspiring entrepreneurs, especially women, demonstrating that determination and vision can overcome societal and economic barriers.

Read more inspiring people across Asia.

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