Rank #1387
Cao Longxiang & family
Net worth $3.1B
Pharmaceuticals · China
- Born
- Sep 05, 1957
- Age
- 68
- Source
- Pharmaceuticals
- Residence
- Taixing, Jiangsu
- Citizenship
- China
- Marital status
- Married
- Children
- 0
- Education
Net worth over time
Biography
- Cao Longxiang chairs Hubei Jumpcan Pharmaceutical, one of China's largest drug companies, specializing in both western and traditional Chinese medicine.
- Cao's son, Cao Fei, serves as the company's vice chairman.
- The company went public in 2001 as Hubei Hongcheng General Machinery, before Cao took control in 2013; he now owns more than 60% of the company.
- Cao was a manager at a cement factory before taking a job with Hubei and served in the Chinese military before entering the pharma business.
Financial assets
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