BillionaireNet
family
Chen Hua & family
Rank #1445
CHINAreal-estateReal estate

Chen Hua & family

Net Worth
$2.78B
+16.5% (24h)
Chen Hua, the chairman of Kingkey Group, is a prominent figure in China's real estate industry. Born in Hainan, he began his career as a construction worker before founding Kingkey Group in 1994 in Shenzhen. Under his leadership, the company has become a major player in China's business landscape, with interests in real estate, finance, agriculture, and technology. Chen Hua's net worth is estimated to be $2.8 billion as of 2024, reflecting the family's wealth accumulated through real estate ventures. Kingkey Group is known for its iconic KK100 skyscraper in Shenzhen, and the family also has stakes in technology companies like Coolpad and Meitu. Chen Hua's entrepreneurial journey is marked by his commitment to innovation and community contributions.

The Full Dossier

Early Life

Chen Hua's story began in the southern province of Hainan, China. His early life was marked by modest beginnings, where he and his brother Chen Hui started their careers as construction workers. This early experience instilled in him a strong work ethic and perseverance, qualities that would later prove crucial to his success.

Rise to Success

Recognizing the potential of Shenzhen, a rapidly growing economic hub, Chen Hua founded Kingkey Group in 1994. Under his leadership, Kingkey rapidly expanded, establishing itself as a major player in the Chinese business landscape. One of the company's most notable achievements is the KK100 skyscraper, a 100-story structure that has become a symbol of Shenzhen's modernity.

Key Business Strategies

Kingkey Group's success can be attributed to several key strategies. Firstly, diversification has been essential, with the group having interests in real estate, finance, agriculture, and technology. Secondly, the company has focused on innovation, demonstrated by investments in technology companies. Chen Hua also has the active involvement of his family members in the company's operations.

Philanthropy

Chen Hua is also known for his contributions to the community. Through Kingkey Group, he has supported various social initiatives, including education, healthcare, and environmental conservation, reflecting his commitment to giving back to society.

Career Timeline

2000s

Built KK100 Skyscraper

Oversaw the construction of KK100, a 100-story skyscraper in Shenzhen, symbolizing the company's ambition and Shenzhen's modernity.

1994

Founded Kingkey Group

Established Kingkey Group, a Shenzhen-based conglomerate with interests in various industries including real estate, finance, agriculture, and technology.

Wealth Trajectory