How rich is Sze Man Bok?
Sze Man Bok Net Worth:
Sze Man Bok Net Worth $2.5 Billion
According to Forbes, he is the thirtieth richest man on the China Rich List and is ranked 589th in the World Billionaires List. Mr. Sze has brought in his estimated net worth of $2.5 billion when he co-founded the greatest company of tissue paper, sanitary napkins and baby diapers in China in 1985 along with Hui Lin Chit. Mr. Sze is responsible for corporate direction and development of the total business in the company. The sales of the organization ‘s top seller, tissue paper, have grown in the 2nd half of 2012 with the growth of a production plant in Chongqing. As the chairman of the organization, he possesses nearly 19% of Hengan. In the past year, Hengan’s Hong Kong-traded shares were up by 14%, which pushed Sze Man Bok’s net worth by $400 million. Its sales increased by 10% to $1.4 billion during the first half of 2012, which led to a 38% increase in gains to $206 million with the lower costs for raw materials and an emphasis on sales of comparatively lucrative items.