Saturday, October 18, 2008

Chen Din Hwa

Chen Din Hwa , is a Hong Kong , billionaire and philanthropist. He's regarded as the Magnate of Cotton Yarn in Hong Kong .

Life


Chen was born in Ningbo, Zhejiang Province, China in 1923. His father was a Shanghai-based industralist mainly did business in textile. When Chen was 22 years old, he already became the chief manager of his family business and owns several shops and factories in Shanghai and Ningbo.

1949, Chen's family shifted to Hong Kong and developed business there.

Business


Chen is the chairman of Nan Fung Textiles Consolidated Limited and Nan Fung Development Limited.

In 2005, Chen was reported to be worth US$1,400,000,000.
In 2008's Hong Kong's 40 Richest by Forbes , Chen was ranked as one of Hong Kong's top 10 billionaires.

No comments: