- Category:
- Richest Business › Richest Billionaires
- Net Worth:
- $1.1 Billion
What is Liu Gexin's Net Worth?
Liu Gexin is a Chinese businessperson who has a net worth of $1.13 billion. The Chairman of Shenzhen-listed maker of antibiotics and traditional Chinese medicines Sichuan Kelun Pharmaceutical, Liu Gexin got back to billionaire ranks in 2013 after dropping off in 2012. He regained his billionaire status with the rise of Kelun's share price and the growth of overall pharmaceutical sales in China.
The company's revenue increased by 19.4% to $700 million in the first nine months of 2012, thus, helping Gexin's net worth surge by 11% to $123 million. Planning to expand its product line and sales network, Kelun announced in December 2013 to purchase up to 30% of Hong Kong-listed Lijun International Pharmaceutical for up to $316 million. As the company's deputy general manager serves Lui's brother Liu Suihua.
