What is Wang Junmin's Net Worth?
Wang Junmin is a Chinese businessman who has a net worth of $1.73 billion. Wang Junmin chairs Tibet-based Xizang Haisco Pharmaceutical Group, which is actively engaged in the research, development, production and sale of a great variety of drugs. He made his debut as a billionaire in 2013 thanks to the more than doubled value of the company's shares right after they started trading on the Shenzhen exchange in January 2012.
According to data, there was an amazing 80% surge in the shares upon the IPO. As for the revenue of the Shenzhen-listed company, it rose 41% to $75 million in the first half of 2013.