Yao Zhenhua

Yao Zhenhua
Residence Shenzhen, China
Nationality Chinese
Occupation Businessman
Net worth US$9.2 billion (February 2018)[1]
Title Chairman, Baoneng Group

Yao Zhenhua is a Chinese billionaire businessman, and the chairman of Baoneng Group.[1]

Career

In 1992, Yao founded Baoneng Group, which now has over 40 shopping malls in China.[1]

In February 2017, Yao was banned from China's insurance industry for ten years after a failed takeover bid for Vanke by a Baoneng company, Foresea Life Insurance.[2]

Personal life

Yao lives in Shenzhen, China.[1]

References

  1. 1 2 3 4 "Yao Zhenhua". Forbes.com. Retrieved 9 February 2018.
  2. ↑ "Shenzhen tycoon Yao Zhenhua barred from insurance industry for 10 years | South China Morning Post". scmp.com. Retrieved 30 July 2017.


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