BillionaireNet
Tao
Zhao Tao
Rank #2013
SINGAPOREHealthcarePharmaceuticals

Zhao Tao

Net Worth
$1.912B
+0.13% (24h)
Zhao Tao is a prominent figure in the pharmaceutical industry, recognized for his significant contributions to Sino Biopharmaceutical. As of 2024, his net worth is estimated at $2.0 billion, primarily derived from his stake in the company. His career in Pharmaceuticals, along with strategic business decisions, has propelled his wealth and influence. Zhao, a Singaporean citizen, holds an MBA from Fordham University. He is known for his role as the chairman of Shandong Buchang Pharmaceuticals, which focuses on traditional Chinese medicine, reflecting his diverse business interests and achievements in the healthcare sector.

The Full Dossier

Early Life

Born on January 28, 1965, Zhao Tao is a Singaporean citizen with a strong educational background, including an MBA from Fordham University. While details of his early life are not widely available, his later career choices indicate a focus on business and finance.

Rise to Success

Zhao Tao's rise to prominence is largely attributed to his involvement in the pharmaceutical sector. He is the chairman of Shandong Buchang Pharmaceuticals, a company that specializes in traditional Chinese medicine. He started the company with his father Zhao Buchang in 1993. He has been a key player in the success and growth of Sino Biopharmaceutical, a major player in the Chinese pharmaceutical market.

Key Business Strategies

Key business strategies include a focus on innovative products and expansion. Sino Biopharmaceutical is investing heavily in research and development, which is about 17.6% of its revenue. They are also strategically expanding their product portfolio through acquisitions, such as LaNova Medicines. Sino Biopharmaceutical focuses on products for the treatment of hepatitis, cardio-cerebral diseases, cancer, orthopedic conditions, infectious diseases, and respiratory and digestive diseases.

Philanthropy

While specific philanthropy details are unavailable, Zhao Tao is involved with the general trends of the Pharmaceutical industry. Sino Biopharmaceutical’s actions are geared toward a commitment to healthcare solutions.

Career Timeline

1993

Co-founded Shandong Buchang Pharmaceuticals

Co-founded a pharmaceutical company with his father specializing in traditional Chinese medicine.

Philanthropic Impact

HealthcareUndisclosed

General Healthcare Support

Supports healthcare initiatives through the focus of his company.

Wealth Trajectory