Yao Zhenhua
Yao Zhenhua (born 1969/1970) is a Chinese billionaire businessman, and the chairman of Baoneng Group.[1]
Yao Zhenhua | |
|---|---|
| Born | 1969/1970 (age 50–51)[1] |
| Nationality | Chinese |
| Occupation | Businessman |
| Net worth | US$6 billion (August 2020)[1] |
| Title | Chairman, 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]
References
- "Forbes profile: Yao Zhenhua". Forbes. Retrieved 20 August 2020.
- "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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