Zhong Huijuan Success Story

Zhong Huijuan Success Story
-----------------------------------------------------------------------------------

Image Source - Google [ image by - forbes ]

Now she has become the wealthiest self-made woman in Asia with a $10.5 billion fortune, consistent with the Bloomberg Billionaires Index. the majority of her wealth comes from her stake in Hansoh Pharmaceutical Group, China’s largest maker of psychotropic drugs, which soared 37 percent on Friday in Hong Kong during its first day of trading.

Zhong, a former chemistry teacher who founded Hanson in 1995, overtook Longfor Group’s Chairman Wu Yajun to say the self-made title. Zhong is that the second-richest woman in Asia, trailing only Yang Huiyan, co-chairman of Country Garden Holdings, who inherited her fortune.

The surge in shares puts Zhong’s net worth just above each of the four Mars sisters, whose wealth comes from the candy empire created by their great grandparent , consistent with the index. Her fortune also far exceeds that of Blair Parry-Okeden, whose grandfather built the Cox Enterprises media conglomerate, also as Christy Walton, the widow of the second son of Walmart founder Sam Walton.

Zhong’s wealth has now surpassed husband Sun Piaoyang’s separate $9.4 billion fortune from his pharma firm Jiangsu Hengrui Medicine. The combined net worth for the couple also makes them one among the world’s richest pharma families, rivaling the Sacklers, who made their money selling opioids, and therefore the Bertarellis of Switzerland, who is worth $16.3 billion.

Zhong said within the Lianyungang, Jiangsu-based company’s listing ceremony that government support plays a crucial role within the drug maker’s success. Health care spending in China has surged to five .9 trillion yuan ($852 billion) last year from 3.5 trillion yuan in 2014, and is projected to top 9.4 trillion yuan in 2023, Hanson said during a prospectus for the offering.

The company researches and produces drugs in areas like oncology, cardiovascular, and diabetes, consistent with the filing, and gets almost half its revenue come from cancer treatments.

Zhong graduated with an undergraduate degree in chemistry from Jiangsu Normal University in July 1982 and taught chemistry at Yan’an secondary school in Lianyungang within the early 1990s, consistent with the All-China Women’s Foundation.