Zhenhua Yao & family
$5.45B
as of 03/10/22
About Zhenhua Yao & family
Yao Zhenhua was barely known before an insurer he controls started to buy shares in property developer China Vanke, where he holds a 25% stake.
Regulators unhappy with trading by Yao's insurer Foresea Life in 2017 barred him from holding a position in the industry for a decade.
Yao founded Baoneng Group in 1992 as a retailing business; today it has more than 40 shopping malls around China and is involved in healthcare.
Personal stats
Citizenship
People's Republic of ChinaSource of wealth
conglomerateResidence
Shenzhen, GuangdongBirth date
02/01/70 (age 54)Zhenhua Yao & family’s fortune is worth
91K
troy ounces of gold
84K
median U.S. household
54K
median U.S. income
0.109%
U.S. credit card volume
0.022%
GDP of the United States
0.016%
United States debt
Net worth history
Annual ranking
Net worth over time
Real-time ranking
Financial assets
SHENZHEN | 000002-CN
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