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Billionaire Profile
Sun Huaiqing & family
Global Rank
#2356

Image: Public domain | via Wikimedia Commons

Sun Huaiqing & family

CEO, Guangdong Marubi Biotechnology
CN
Real-Time Net Worth
$1.5B
As of December 2025
Age
56
Source
Cosmetics
Industry
fashion-retail
Citizenship
CN

Biography

Sun Huaiqing, a self-made billionaire, is the chairman of Guangdong Marubi Biotechnology, a leading cosmetics and skincare supplier. Born in 1968 and at 56 years old, Sun's journey began with an electric machinery factory before founding the "Marubi" brand in Guangzhou in 2000. His wealth stems from the fashion-retail industry, particularly cosmetics. His career milestones include establishing the Marubi brand and later leading the company's transformation to an online-first strategy. Sun's estimated net worth is $1.5 billion, and he holds an EMBA from Guanghua School of Management. Marubi has gained recognition with an investment from LVMH.

Wealth Over Time

In-Depth Profile

Early Life

Sun Huaiqing's career began in an electric machinery factory in Chongqing. He later transitioned to the cosmetics industry, laying the groundwork for his future success.

Rise to Success

Sun founded the "Marubi" brand in Guangzhou in 2000. The company focused on skincare products, and it rapidly gained popularity, establishing itself as a key player in the Chinese cosmetics market. The company's initial public offering (IPO) on the Shanghai Stock Exchange in July 2019 made Sun a billionaire.

Key Business Strategies

A key strategy for Marubi was its early focus on the offline market, which was the main source of revenue before the pandemic. However, the pandemic led to a decline in physical retail, prompting Marubi to initiate a shift to an online-first model in 2021, which resulted in significant growth. Marubi also invested in R&D, which led to applying for more than 600 patents.

Philanthropy

Specific philanthropy details are not available in the search results, however, the sources do show Sun Huaiqing and family's business success.

Career Milestones

2000

Founded Marubi

Established the Marubi brand in Guangzhou, focusing on skincare products.

2019

IPO on Shanghai Stock Exchange

Marubi's initial public offering on the Shanghai Stock Exchange.

2021

Shifted to Online-First Strategy

Transitioned to an online-first business model in response to the pandemic.

Philanthropy & Social Impact

Philanthropy

Unknown

$XB

Philanthropy details are not available in the search results