NetWorth
LeaderPortfolio
Hongwei
F
Rank #786
CHINA•Diversified•Petrochemicals

Fan Hongwei

Net Worth
$5.278B
-0.18% (24h)
Fan Hongwei, a prominent Chinese entrepreneur, is the Chair and CEO of Hengli Petrochemical and Vice Chair of Hengli Group, a major player in the petrochemical industry. Born in Jiangsu Province, China, in February 1967, she holds a degree from Nanjing Normal University. Fan, along with her husband Chen Jianhua, transformed a small textile factory into a global titan. Her career began as an accountant, and in 1994, she and her husband took a 3 million RMB loan to purchase a textile factory, which they restructured and expanded. Her leadership has been recognized by Forbes and Fortune, and she was the fourth wealthiest woman in China in 2019. Fan's success is intertwined with her family, including her husband and daughter, who is also involved in the family business.

How to read Fan Hongwei's profile

Public net-worth figures are estimates. They combine observable inputs—typically listed equity, disclosed transactions, and market prices—with editorial judgment where filings are incomplete (for example, private holdings, debt, or cross-holdings). For Fan Hongwei, we anchor the narrative to Petrochemicals and Petrochemicals, then update the headline number as markets move. The chart on this page is meant to show trajectory, not a certified balance sheet.

When you see $5.278B alongside global rank #786, interpret it as our best synthesis of widely cited ownership and price signals—not a claim about cash on hand. Estimates can diverge from other publishers because of different treatment of options, trusts, charitable vehicles, or illiquid assets. We document the general approach in methodology and welcome corrections via corrections.

Country (CHINA) and career milestones on this page are curated for reader context; they should be verified against primary sources when used for research. Editorial metadata for this profile is refreshed on a rolling basis, with deeper audits at least annually (last noted cycle: 2026).

Looking for depth? When available, the dossier and timeline sections below add long-form context beyond the headline number—prioritize those modules when evaluating claims about strategy, controversies, or philanthropic commitments.

The Full Dossier

Early Life and Education

Fan Hongwei was born in February 1967, in Jiangsu Province, China. She attended Nanjing Normal University. She began her career as an accountant.

Rise to Success

In 1994, Fan and her husband Chen Jianhua took a 3 million RMB loan to buy Wujiang Chemical Fibre Textile Factory in Wujiang, Suzhou. Fan took over the factory as general manager, and she and Chen restructured the company and grew it from a factory with 27 employees into the largest fiber producer in China and one of the largest weaving companies in the world. The company is now known as Hengli Group, with Hengli Petrochemical serving as its primary unit. In 2016, Hengli Petrochemical became publicly traded through a backdoor listing on the Shanghai Stock Exchange.

Key Business Strategies

Under Fan Hongwei's leadership, Hengli Petrochemical expanded its operations to include refining petroleum to produce polyester, manufacturing chemical fibers, and real estate. The company primarily serves the apparel industry but also produces chips and filaments for packaging, electronics, and pharmaceuticals. Hengli Group earned more than 500 billion RMB in revenue in 2019.

Philanthropy

Information on Fan Hongwei's specific philanthropic initiatives and amounts is limited in the search results.

Career Timeline

2016

Hengli Petrochemical goes public

Hengli Petrochemical became publicly traded through a backdoor listing on the Shanghai Stock Exchange.

1994

Acquired Wujiang Chemical Fibre Textile Factory

Fan and her husband acquired a textile factory and transformed it into a major fiber producer.

Philanthropic Impact

Unspecified$XB

Not available

Information on Fan Hongwei's philanthropic activities and amounts is limited.

Key Business Ventures & Holdings

CompanyStakeValue
Hengli Petrochemical46.73%$9.65M

Net Worth History

In-Depth Analysis

Early Life and Education

Fan Hongwei was born in February 1967, in Jiangsu Province, China. She attended Nanjing Normal University. She began her career as an accountant.

Rise to Success

In 1994, Fan and her husband Chen Jianhua took a 3 million RMB loan to buy Wujiang Chemical Fibre Textile Factory in Wujiang, Suzhou. Fan took over the factory as general manager, and she and Chen restructured the company and grew it from a factory with 27 employees into the largest fiber producer in China and one of the largest weaving companies in the world. The company is now known as Hengli Group, with Hengli Petrochemical serving as its primary unit. In 2016, Hengli Petrochemical became publicly traded through a backdoor listing on the Shanghai Stock Exchange.

Key Business Strategies

Under Fan Hongwei's leadership, Hengli Petrochemical expanded its operations to include refining petroleum to produce polyester, manufacturing chemical fibers, and real estate. The company primarily serves the apparel industry but also produces chips and filaments for packaging, electronics, and pharmaceuticals. Hengli Group earned more than 500 billion RMB in revenue in 2019.

Philanthropy

Information on Fan Hongwei's specific philanthropic initiatives and amounts is limited in the search results.

Data Sources & Methodology

Figures for Fan Hongwei are synthesized from the sources below and cross-checked against our net worth methodology. Estimates may lag market moves; see corrections to report discrepancies.

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