Chen Din Hwa

Hong Kong billionaire entrepreneur (1923–2012)

Chen Din-hwa (Chinese: 陳廷驊; 1923 – 17 June 2012) was a businessman and philanthropist based in Hong Kong.[1] He was ranked as the 14th wealthiest person in Hong Kong. His net worth at the time of his death was worth of US$2.6 billion.[2]

Chen Din-hwa
陳廷驊
Born1923
Ningbo, Zhejiang, China
Died17 June 2012 (aged 89)
Hong Kong
NationalityChinese
CitizenshipHong Kong
OccupationBusinessman
SpouseYang Foo Oi (divorced)
ChildrenAngela Chen Wai-fong and Vivien Chen Wai Wai (daughters)

Life and career

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He was born in Ningbo, Zhejiang, Republic of China in 1923.[3] He left his school at the age of 12 and started working as an apprentice to a silk merchant. At the age of 22 years old, he became chief manager of his family business and at later he owned multiple shops and factories in Shanghai and Ningbo. In 1949, he shifted to Hong Kong where he set up business.[4]

In 1954, he established Nan Fung Textiles and became its chairman. In the same year, he established Nan Fung Development Limited.

In 2009, he was diagnosed with Alzheimer's disease. The he handed over control of his business to his younger daughter Vivien Chen. She has been part of the business since 1981.[5]

He died on 17 June 2012 at the age of 89 due to prostate cancer.

References

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  1. "Empire builder Chen Din-hwa dies at 89". www.scmp.com. South China Morning Post.
  2. "Forbes List Directory". Forbes.
  3. "南豐集團創辦人陳廷驊病逝 - Yahoo! 新聞香港". hk.news.yahoo.com. Archived from the original on 20 June 2012.
  4. "Chen biodata". www.cuhk.edu.hk.
  5. Flannery, Russell. "Hong Kong's 40 Richest". Forbes.