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# Huang Rulun

Random fact: Was a street peddler in Fuzhou before moving to the Philippines.

Overview

Huang is the founder and chairman of Century Golden Resources Investment Group, a closely held developer and property management company for hotels and shopping malls. The Beijing-based company has invested in more than 20 five-star hotels and 10 malls. It had revenue of more than 27 billion yuan ($4 billion) in the year to June 2016.

As of July 23, 2017:
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Industry Real Estate
Biggest asset N/A
Citizenship China
Age 65
Wealth Self-made
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

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Net Worth Summary

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Biography

Birthdate: 1951
Family: Unmarried, 2 children

Huang was born into a farmer's family in China's rural Fujian province in 1951. His family's poverty forced him to drop out of primary school and work as a street peddler. He used his savings to travel to the Philippines in 1986. When he first arrived, he didn't know any English but vowed to himself that if he became rich his children would receive the best education available.

After being introduced to real estate developers in the Philippines, he partnered with them to buy the land of a former U.S. naval base, where he had his first business success. He then started real estate businesses in both the Philippines and Hong Kong.

He returned to China in 1991 and established Century Golden Real Estate Company, which became the biggest private real estate company in Fujian province. The business was able to expand to Beijing by the end of the decade. At present, Century Golden has invested more than 200 billion yuan ($30 billion) in 20 five-star hotels and 10 shopping malls, and had revenue of 22 billion yuan in 2015, according to its website.

Huang is considered the country's most consistent philanthropic donor and, along with his sons, has donated more than 3.8 billion yuan in the past decade.

Milestones
  • 1951 Huang Rulun is born in Fujian province.
  • 1966 Starts small business in Fujian.
  • 1976 First son, Huang Tao, is born.
  • 1986 Moves to the Philippines and gains citizenship there.
  • 1989 Returns to China.
  • 1991 Starts real estate business in China.
  • 2012 Donates 300 million yuan to Tsinghua University.
  • 2012 Eldest son, Huang Tao, becomes the CEO of Golden Century Group.