What is Que Wenbin's Net Worth?

Que Wenbin is a Chinese businessman who has a net worth of $1.16 billion. Que Wenbin is the majority shareholder of Tibetan herbal-medicine-producer Gansu Duyiwei Biological Pharmaceutical. Que Wenbin enjoyed an exponential increase in income when the company went public on the Shenzhen Stock Exchange in 2008. Que Wenbin and his wife hold more than half of mining company Sichuan Western Resources Holding, which operates in Gansu and Jiangxi provinces.

Que Wenbin also controls Sichuan Hengkang Capital Management, an investment company. In July of 2013, Forbes reported that shares in Gansu Duyiwei Biological Pharmaceutical fell 6.9% at the Shenzhen Stock Exchange after its billionaire controlling shareholder Que Wenbin sold a 5% stake July 3-4, 2013 for an equivalent of $72 million. The disposals were disclosed in a subsequent regulatory announcement. Chengdu billionaire Que Wenbin reportedly also backs Chengdu-based Allpoints Jet.