Guo Guangchang Biography
Guo Guangchang is a well-known Chinese businessman and investor. He is the chairman and co-founder of Fosun International Limited, as well as a delegate to the 12th session of the Chinese People’s Political Consultative Conference. He was named the 50th richest person in China by Forbes in 2019.
How old is Guo Guangchang? – Age
He is 56 years old as of February 2023. He was born in 1967 in Dongyang, Jinhua, China.
Guo Guangchang Education
Guo graduated from Fudan University with a BA in Philosophy and an MBA in 1989.
Guo Guangchang Wife
He is married to his wife Jenny Jinyuan Wang, a well-known Shanghai news presenter and budding art collector who is the founder of the Fosun Foundation, a non-profit organization. The couple has three children.
Guo Guangchang Philanthropy
Guo is the vice president of the China Glory Society, the China Social Entrepreneur Foundation, and the Youth Business China Foundation. Guo has donated up to 600 million RMB to charity causes under the auspices of the Fosun Foundation to assist fight poverty, increase access to education, and provide natural disaster relief.
Guo Guangchang Fosun International Group
International Since 1994, Fosun Guo has served as chairman of Fosun Group, which has made interests in insurance, pharmaceuticals and healthcare, real estate, steel, mining, retail, services, finance and other ventures, and asset management, making it one of China’s largest non-state-owned enterprises. Fosun International employs about 74,000 employees. In 2007, Fosun International (00656. HK), the corporation’s holding company, was listed on the HKSE. To jointly study the opportunity afforded by China’s economic expansion, Fosun has joined with IFC in the reinsurance market, investing in Club Med in France, Fidelidade Seguros in Portugal, and Folli Follie in Greece.
Guo Guangchang Career
Guo created Guangxin Technology Development Company Ltd in 1992 with friends Liang Zinjun and Tan Jian, and it was one of the first companies in mainland China to apply scientific methods in market research. Guo is a member of the 12th Chinese People’s Political Consultative Conference’s National Committee, the All-China Federation of Industry and Commerce’s Standing Committee, the All-China Youth Federation’s Standing Committee, and the Honorary Chairman of Shanghai Zhejiang Chamber of Commerce. Guo, along with 15 other Chinese entrepreneurs, funded the Chinese Private Enterprise Pavilion at the 2010 Shanghai World Expo, which marked the first appearance of China’s non-state-owned firms at the World Expo.
CNBC presented Guo with the Lifetime Achievement Award at the 16th Asia Business Leaders Awards in 2017. The Asian College of Knowledge Management awarded him the “Nobel Laureates Series-Asian Chinese Leaders Award” in 2016/17, as well as the “Lifetime Achievement Award” at the 8th World Chinese Economic Summit in 2016. Guo is the vice chairwoman of the China Glory Society, the China Social Entrepreneur Foundation, and the China Youth Business Foundation. Guo has donated up to 600 million RMB to charity causes under the auspices of the Fosun Foundation to assist fight poverty, increase access to education, and provide natural disaster relief.
Wolverhampton Wanderers Football Club, a professional association football club based in Wolverhampton, West Midlands, England, was purchased by Guo’s Fosun International in July 2016 for a reported £45 million from the previous owner Steve Morgan. Wolves went on to win the 2017–18 Championship title, returning to the Premier League after a 6-year absence. In their first season back in the Premier League, the Wanderers finished seventh, their highest finish in the top flight since finishing sixth in 1979–80. They also qualified for the Europa League, marking their first European campaign since 1980–81.
Guo Guangchang Net Worth – Wealth
He has an estimated net worth of 4.5 billion. With a net worth of $6.5 billion.