Fan Daidi, a 59 -year -old chemistry teacher who has become a billionaire entrepreneur, embodies the booming chemical of China sciences sector.
As dean of the Northwest University of Chemical Engineering in Xian, Fan has accumulated a fortune by marketing innovations in Collagen synthesiscatapult skin care business Giant biogen to an assessment of 75 billion yuan ($ 10.4 billion from US).
The ascent of fans – pioneering laboratory discoveries to the direction of a biomedical empire – underlines how the scientific industrialization supported by the state inscribes a new generation of academic magnates.
According to a report by New Fortune magazine, based in Shenzhen, on May 9, fan and the combined assets of her husband Yan Jianya are valued at more than 40 billion yuan.
The couple has two large companies – Giant Biogene and Xian Triangle Defense – which operates in the pharmaceutical and aerospace industries, respectively.