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Billionaire Profile
H
Global Rank
#715

Image: Jesuits. Letters from missions (North America) Thwaites, Reuben Gold, 1853-1913 | Public domain | via Wikimedia Commons

Hu Baifan

CEO, Pharmaceuticals
CHINA
Real-Time Net Worth
$5.909B
Estimated based on Pharmaceuticals stock value as of April 20, 2026
-4.39% (24h)
Age
63
Source
Pharmaceuticals
Industry
Healthcare
Citizenship
CHINA

Biography

Hu Baifan, a 63-year-old Chinese billionaire, is the chairman of Zhejiang NHU, a leading pharmaceutical company specializing in vitamins A and E production. His source of wealth stems from the pharmaceutical industry, where he has built a significant fortune. Hu's career began after graduating college in 1982, teaching chemistry before founding a small factory in 1988, which eventually evolved into a major player in the vitamin ingredients market. His achievements include leading Zhejiang NHU to become one of the world's largest vitamin producers and a top company in China's pharmaceutical sector. His net worth is estimated to be 5.7 billion USD as of 2024.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Hu Baifan was born in October 1962. After graduating from Shaoxing University with a Bachelor of Arts/Science degree, he pursued a Master of Business Administration from Zhejiang University. Before entering the business world, Hu taught chemistry for six years at a vocational school.

Rise to Success

In 1988, Hu Baifan started a small factory to produce industrial ethanol with funds borrowed from his colleagues. This factory later expanded into the production of ingredients for vitamins. Under his leadership, Zhejiang NHU grew to become one of the world's largest vitamin producers and a major player in the fine chemicals industry.

Key Business Strategies

Hu Baifan has focused on innovation and strategic investments to drive Zhejiang NHU's growth. He emphasizes continuous innovation, effective investments, and a culture-led approach. NHU has expanded its product line through research and development, forming partnerships with universities and research institutes. Hu's strategic vision has positioned NHU as a leader in its industry.

Philanthropy

Information on Hu Baifan's specific philanthropic activities is currently unavailable.

Career Milestones

1982

Began Teaching Chemistry

After graduating from college, Hu Baifan taught chemistry at a vocational school for six years.

1988

Founded a Factory

Hu Baifan started a small factory making industrial ethanol, which later expanded to produce vitamin ingredients.

Present

Chairman of Zhejiang NHU

Hu Baifan leads Zhejiang NHU, one of the world's largest producers of vitamins A and E.

Philanthropy & Social Impact

Not Available

Not Available

Undisclosed

Details of specific philanthropic initiatives are not currently available.

Business Philosophy & Leadership

Notable Quotes

"Prioritizing Nutrition for a Healthy China"

"Exploring Chemistry, Improving Life"

Leadership Principles

Innovation

Continuous innovation is a key driver for sustained growth.

Effective Investment

Strategic investments in new projects and industries.

Talent Support

Focus on talent cultivation.

Culture-led Approach

Embracing a culture of excellence and innovation.

Controversies & Challenges

Not Available

Not Available

No information on controversies has been found.

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