Yao Zhenhua

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

This is a Chinese name; the family name is Yao.
Yao Zhenhua
NationalityChinese
OccupationBusinessman
Net worthUS$7.2 billion (July 2019)[1]
TitleChairman, Baoneng Group

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. "Forbes profile: Yao Zhenhua". Forbes.com. Retrieved 18 July 2019.
  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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