Guo Guangchang

Guo Guangchang

Infobox_Celebrity
name = GUO Guangchang
郭广昌
郭廣昌
caption =
birth_date = 1967
birth_place = Dongyang, Zhejiang, PRC
occupation = Founder & CEO
Fosun International Limited
alma_mater = Fudan
salary =
networth = profitUS$4.1 billion (2007) [ [http://money.163.com/special/00252E12/forbes2007_all.html 福布斯2007年中国富豪榜_网易财经 ] ]

Guo Guangchang (Traditional: 郭廣昌; Simplified: 郭广昌) (born 1967), is a Chinese entrepreneur. He is the CEO of Fosun International Limited and the representative of 10th National People's Congress. Guo is currently the second richest person in Mainland China with a net worth over 30 billion Chinese yuan.Fact|date=March 2008

Biography

Guo was born in Dongyang, Jinhua, Zhejiang, China. He graduated from the Department of Philosophy at Fudan University, Shanghai.

In 1992, Guo was criticized by Fudan University for using its official envelope for conducting a private survey while employed there. He resigned over this incident. Guo went on to establish his first company, Guangxin Technology Development Company.

In 1995, Guo and four schoolmates borrowed 38,000 yuan to invest in product development in genetic engineering. The company name was changed to Fosun Holdings Limited (Now Fosun Pharmaceutical). The company earned 100 million yuan from developing medicine against the hepatitis B virus, which strengthened further development of Fosun companies. Fosun has since expanded into other sectors, including real estate, retailing, securities, steel and gold mining. It is currently the largest conglomerate company in China.Fact|date=March 2008

Guo has stated that he admires the business skills of Li Ka Shing, Hong Kong's richest billionaire.

References

External links

* [http://www.fosun-international.com Fosun International Limited]
* [http://www.forbes.com/finance/lists/74/2002/LIR.jhtml?passListId=74&passYear=2002&passListType=Person&uniqueId=CYTD&datatype=Person "Guo Guangchang] , "China Rich List", "Forbes" magazine, 2002
* [http://www.chinavitae.org/biography/Guo_Guangchang/bio Bio] , "ChinaVitae.com, retrieved December 11, 2007
* [http://english.cri.cn/2600/2005-1-14/87@193134.htm Bio] , China Radio International (CRIEnglish.com), January 13, 2005, retrieved December 12, 2007


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