Yao Zhenhua (born 1969/1970) is a Chinese billionaire businessman, and the chairman of Baoneng Group.[1]

Yao Zhenhua
Born1969 or 1970 (age 53–54)[1]
NationalityChinese
OccupationBusinessman
TitleChairman, Baoneng Group

Career edit

In 1992, Yao founded Baoneng Group, which now has over 40 shopping malls in China.[1]

In February 2017, Yao was banned from China's insurance industry for ten years after a failed takeover bid for Vanke by a Baoneng company, Foresea Life Insurance.[2]

Personal life edit

Yao lives in Shenzhen, China.[1]

References edit

  1. ^ a b c d "Forbes profile: Yao Zhenhua". Forbes. Retrieved 20 August 2020.
  2. ^ "Shenzhen tycoon Yao Zhenhua barred from insurance industry for 10 years | South China Morning Post". scmp.com. Retrieved 30 July 2017.