Chen Din-hwa 陳廷驊 陈廷骅 |
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Born | 1923 Ningbo, Zhejiang, China |
Occupation | Founder & Chairman Nan Fung Development Limited |
Net worth | US$ 3.7 billion[1] |
Chen Din-hwa (Traditional Chinese: 陳廷驊; Simplified Chinese: 陈廷骅), is a Hong Kong industrial tycoon, billionaire and philanthropist. He is regarded as the Magnate of Cotton Yarn in Hong Kong.[2]
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Chen was born in Ningbo, Zhejiang Province, Mainland 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.
Chen is the chairman of Nan Fung Textiles Consolidated Limited and Nan Fung Development Limited.[3]
In 2005, Chen was reported to be worth US$1,400,000,000. The 2008 Hong Kong's 40 Richest by Forbes,[4] ranked Chen as one of Hong Kong's top 10 billionaires.