Guangchang Guo Net Worth $27 Billion
Fosun Group: the Ultimate Convenience!
Chinese entrepreneur Guangchang Guo is the Co Founder and Chairman of Fosun Group that has an estimated net worth $2.7 billion as of March 2013 according to Forbes. He’s the 34th richest individual in the set of Chinese Billionaires and 527th on earth.
Guangchang Guo amassed his estimated net worth with Fosun Group, one of China’s largest conglomerates with business interests in pharmaceuticals, property, steel, mining, retail, publishing, finance, and asset management. In October 2012, its generic drug maker Fosun Pharmaceuticals was listed in the Hong Kong stock exchange. October2012 stock has stayed flat but the group’s stock price has advanced. Mr. Guo’s net worth was up by $300 million in the past year.
He is also a committed philanthropist and now serves as the Vice Chairpersons of China Glory Society, YouChange China Social Entrepreneur Foundation and Youth Business China Foundation.