Billionaire Profile

Global Rank

#377

Image: Public domain | via Wikimedia Commons

Chen Dongsheng

CEO, Taikang Insurance Group

Real-Time Net Worth

$8.7B

As of December 2025

Age

Source

Insurance

Industry

finance-investments

Citizenship

Biography

Chen Dongsheng is a prominent Chinese billionaire known for his significant contributions to the insurance and financial sectors. As the founder and chairman of Taikang Insurance Group, one of China's largest insurers, he has built a vast empire with a net worth of $8.7 billion. Chen's career spans various industries, including finance, asset management, and healthcare, and has been recognized as a leading entrepreneur. He is also a member of the board of directors at Xiaomi and has been involved with philanthropic initiatives.

Wealth Over Time

Portfolio Holdings

Sotheby's

In-Depth Profile

Early Life and Education

Chen Dongsheng was born in China. He holds a Ph.D. in Economics from Wuhan University. He is also a Lifetime Member of the Board of Trustees of his alma mater.

Rise to Success

Chen Dongsheng founded Taikang Insurance Group in 1996, and has served as its chairman and CEO since then. Under his leadership, Taikang has grown into a leading financial services conglomerate with interests in insurance, asset management, and healthcare.

Key Business Strategies

Chen's strategies have focused on diversification and innovation within the financial sector. He expanded Taikang's business model to include asset management and healthcare services, building a diversified financial empire. Chen has also emphasized international partnerships, including having 24.9% of Taikang's ownership held by foreign shareholders.

Philanthropy

Chen Dongsheng has been involved in several philanthropic initiatives. He has donated RMB 22 million to the China Charity Federation for various charitable causes. Taikang Insurance Group also supports contemporary art through the Taikang Space and has launched the “Yicai Charity Program”.

Career Milestones

1993

Founded China Guardian Auctions

Chen founded China Guardian Auctions, China's first international auction house, where he served as Chairman and General Manager.

1996

Founded Taikang Insurance Group

Chen founded Taikang Life Insurance (now Taikang Insurance Group), serving as Chairman and CEO.

2018

Xiaomi Director

Became an independent non-executive director of Xiaomi Corporation

2024

Son as Chairman

Chen Yilun, his son, became the chairman of the group asset management unit, Taikang Fund Management.

Philanthropy & Social Impact

General Charity

China Charity Federation

$3.08M

Donated RMB 22 million to the China Charity Federation.

Arts and Elderly Care

Taikang Space and Yicai Charity Program

Unknown

Supports contemporary art and public nursing homes.

Business Philosophy & Leadership

Notable Quotes

"“Without trade and investment, U.S.- China mutual benefits and development have no foundation.”"

Leadership Principles

Strategic Vision

Focus on building a value chain around life insurance and providing services throughout the life cycle, integrating elderly care, healthcare, and wealth management.

Innovation and Diversification

Expanding the business model to include asset management and healthcare services to create a comprehensive financial ecosystem.

International Collaboration

Emphasizing international partnerships to enhance the company's growth and global presence.