- Category:
- Richest Business › Richest Billionaires
- Net Worth:
- $2.5 Billion
What is Fu Liquan's Net Worth?
Fu Liquan is a Chinese businessman who has a net worth of $2.5 billion. Liquan joined the ranks of the world's billionaires as chairman of his security and surveillance equipment firm Zhejiang Dahua Technology, whose shares soared significantly. More precisely, his shares in the company have more than doubled in the past year as sales in the first nine months of 2013 increased by half to $353.7 million, leading to a substantial increase in net profits by 85% to $60.8 million.
Fu Liquan shared his plans for expansion in October 2013, as he said he would invest up to $57 million in the construction of a new production capacity in Hangzhou. Apart from making it big in the world of business, Fu is an avid golf player. He is married and a father of one and currently resides in Hangzhou, China.
