Chen Fashu (; born 1961) is a Chinese

billionaire A billionaire is a person with a net worth of at least 1,000,000,000, one billion units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. It is a sub-category of the concept of the ultr ...

businessman, chairman of New Huada Group, a Chinese mining company. He was born in Fujian province, and graduated from

China Europe International Business School China Europe International Business School (CEIBS ( ) ) is a business school headquartered in Pudong, Shanghai, China. CEIBS has campuses in Shanghai, Beijing, Shenzhen, Accra in Ghana, and Zurich in Switzerland. Established under an agreement ...

. As of July 2018, ''

Forbes ''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The co ...

'' estimated his net worth at US$2.8 billion. On May 9, 2009 Anheuser-Busch InBev sold its remaining 7% of

Tsingtao Brewery Tsingtao Brewery Co. Ltd. () is China's second largest brewery, with about 15% of domestic market share and accounts for half of China's national beer exports. The brewery was founded in 1903 as an Anglo–German business with the brewery under ...

to Chen Fashu for $235 million. He is married, with four children, and lives in Fuzhou.

References

{{DEFAULTSORT:Chen, Fashu 1961 births Living people Businesspeople from Fuzhou Billionaires from Fujian China Europe International Business School alumni