Biography
Sun Huaiqing, a self-made billionaire and the founder of Marubi, a cosmetics and skincare company, has an estimated net worth of $1.4 billion. His career began over 20 years ago. He founded the Marubi brand in 2000 in Guangzhou. Sun's focus on high-end eye cream and other skincare products has made him a key player in the Chinese cosmetics industry, which has seen significant growth. His strategic shift to online-first operations in 2021 reflects his adaptability and business acumen in the face of changing consumer behavior.