Bloomberg Billionaires Index

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# 207 Lin Jianhua $9.92B

Random fact: Previously employed at a state-owned fertilizer factory.

Overview

Lin is chairman of Hangzhou First Applied Material, the world's biggest producer of film and backsheets for solar panels. The Hangzhou, China-based company's products include acetate film used to protect solar cells. It listed on the Shanghai exchange and had revenue of 12.9 billion yuan ($2 billion) in 2021.

As of :
Last change No change
YTD change +$1.06B ( +11.9%)
Biggest asset 603806 CH Equity
Country / Region China
Age 60
Industry Technology
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

Lin Jianhua's net worth of $9.92B 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:

The majority of Lin's fortune is derived from his stake in Hangzhou First Applied Material, a developer and manufacturer of solar cell and photosensitive films. The company is the world's biggest producer of film and backsheets for solar panels, according to its 2021 annual report.

Lin holds 62% of the stock directly and with his wife, according to the company's 2022 third-quarter report.

The value of his cash holdings is based on an analysis of dividends, insider transactions, taxes and market performance.

Zhang Ying, a spokeswoman for the company, declined to comment on the net worth calculation.

Biography

Birthdate:
Family: Unknown, No children

Lin Jianhua was born in 1962.

After developing a hot melt adhesive film in the 1990s, Lin established his company in 2003 and soon entered the photo-voltaic industry with a solar cell division.

The company changed its name to Hangzhou First PV Material Co. in 2009.

It became publicly traded in 2014 and reported revenue of more than $900 million in 2019.

Milestones
  • 1962 Lin Jianhua is born.
  • 2014 Holds an initial public offering in Shanghai.
  • 2015 Revenue exceeds $500 million for the first time.
  • 2019 Opens Huizhou base.