- Category:
- Richest Business › Richest Billionaires
- Net Worth:
- $1.2 Billion
What is Tu Jianhua's Net Worth?
Tu Jianhua is a Chinese Businessman who has a net worth of $1.18 billion.. Tu Jianhua was born in 1963 and graduated from the Party School of Sichuan Province. After a long career in the motorcycle industry in the central Chinese city of Chongqing, Tu Jianhua entered the ranks as a billionaire as Chairman of Loncin Holding, one of the largest companies in Chongqing, China-a diverse organization which is best known for their brand of motorcycles and ATVs, produced by its subsidiary, Longxin Motorcycle. Loncin Group also operates real estate enterprises and was listed under the Department of Real Estate's "Top 100 Chinese real estate enterprises" in 2008.
Their projects often include gardens, high-level, villas, hotels as well as other property types. In 2003, the company introduced the "Chun-Yi", "Longxin" series of high-quality residential districts. The company is also reportedly tied to the Hong Kong-listed Chongqing Rural Commercial Bank. Tu Jianhua climbed the ranks of both the motorcycle and real estate industry facets of Loncin Holding, achieving senior positions in both fields.
