Bloomberg Billionaires Index

View profiles for each of the world’s 500 richest people, see the biggest movers, and compare fortunes or track returns.

# 226 Zhong Huijuan $9.01B

Random fact: She set up Hansoh with 10 employees.

Overview

Zhong is the founder and chairlady of Hansoh Pharmaceutical Group, a Chinese maker of psychotropic drugs. The company, based in Lianyungang, Jiangsu province, produces medicines to treat conditions including diabetes, infections, tumors and diseases of the nervous system. It had revenue of 9.9 billion yuan ($1.5 billion) in 2021.

As of :
Last change +$93.2M ( +1.1%)
YTD change -$1.52B ( -14.5%)
Biggest asset 3692 HK Equity
Country / Region China
Age 61
Industry Health Care
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

Zhong Huijuan's net worth of $9.01B can buy ...

0
troy ounces of gold
0
barrels of crude oil

... and is equivalent to ...

0%
of the GDP of the United States
0%
of the total wealth of the 500 richest people in the world
0%
of the top 100 U.S. college endowments
0%
of the top 200 U.S. executives’ total awarded compensation
0%
of U.S. existing home sales
0
times the median U.S. household income

Latest News

Net Worth Summary

Cash
Private asset
Public asset
Misc. liabilities
Confidence rating:

Zhong's fortune is derived from her majority stake in Hansoh Pharmaceutical Group Co. She holds a 66% stake in the Chinese drugmaker, according to the 2021 annual report.

Zhong holds her stake through the Sunrise Trust, which was registered in the British Virgin Islands by her daughter in 2016, according to the prospectus. Zhong is credited with all of the stake to reflect her status as founder and chairwoman of the business. She collected about $750 million in dividends since Hansoh was set up in 1995, the prospectus showed.

Iris Luo, a spokesperson for the company, declined to comment on the billionaire's net worth.

Biography

Birthdate: 1961
Family: Married, 1 child
Education: Xuzhou Normal University, Nanjing University

Born in 1961, Zhong obtained an undergraduate degree in chemistry from Jiangsu Normal University in Xuzhou at the age of 21. She became a chemistry teacher in a middle school in Lianyungang, China, after graduation. Zhong's husband, Sun Piaoyang, worked at a government-run pharmaceutical factory in Lianyungang at that time, which later became Jiangsu Hengrui Medicine.

Zhong quit her teaching job in 1995 and started her own medicine business, Jiangsu Hansoh Pharmaceutical. She began with just 10 employees, according to an interview in the Chinese media. The company started growing quickly in 1997 and reached 30 million yuan ($4.5 million) in sales in the same year.

The Liangyungang-based business reported revenue of 9.9 billion yuan ($1.5 billion) in 2021, according to its annual report. Its main therapeutic areas are diseases of the central nervous system, oncology, anti-infectives, diabetes, as well as gastrointestinal and cardiovascular treatments.

Milestones
  • 1995 Set up jiangsu Hansoh in China.
  • 2000 Launched the first factory for oral formulations in Lianyungang.
  • 2016 Hillhouse Capital became Hansoh's investor.
  • 2018 Submitted IPO application in Hong Kong.