Portrait of Zhu Baoguo & family

Rank #777

Zhu Baoguo & family

Net worth $5.4B

Pharmaceuticals · China

Born
Apr 25, 1962
Age
64
Source
Pharmaceuticals
Residence
Shenzhen, Guangdong
Citizenship
China
Marital status
Married
Children
0
Education
Bachelor of Arts/Science, Henan Normal University

Net worth over time

Biography

  • Zhu Baoguo is the chairman of Shenzhen-based Joincare Pharmaceutical Group Industry.
  • Joincare started with making herbal tonics for women, which were based on a recipe Zhu bought from a Chinese medicine practitioner in his native Henan province.
  • The company has since expanded into a pharma empire with businesses in prescription drugs, traditional Chinese medicines, health products and diagnostic reagents.
  • Prior to his pharmaceutical venture, Zhu was a chemical engineer with a bachelor's degree in chemistry from the Henan Normal University.
  • Zhu also owns a stake in WeBank, a Chinese digital bank backed by Tencent.

Financial assets

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