#852

Hu Baifan

China 63 years old Self-Made

Overview

Source of Wealth: Pharmaceuticals
Industry: Healthcare
Residence: Shaoxing
Education: Shaoxing University (Bachelor of Arts/Science)
Zhejiang University (Master of Business Administration)

Assets

Beijing Winsunny Pharmaceutical

209,400,000 shares @ -

-

601089-CN
Zhejiang NHU Co., Ltd

965,300,000 shares @ -

-

002001-CN

Biography

Hu Baifan is the chairman of Shenzhen-listed Zhejiang NHU, one of the world's largest producers of vitamins A and E.

After graduation from college in 1982, Hu spent six years teaching chemistry at a remote vocational school in China.

With money borrowed from his fellow teachers, Hu in 1988 started a small factory to make industrial ethanol. That factory later expanded into ingredients for vitamins.

His younger brother, Hu Baishan, is the company's vice chairman and chief executive.