How to Pronounce Chu Shijian
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Feb 01, 1928 Yuxi, Yunnan, China Died on 05 Mar 2019 (aged 91)
Chinese entrepreneur
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Chu Shijian, Date of Birth, Place of Birth, Family, Facts, Age, Net Worth, Biography and More in FamedBorn.com
About Chu Shijian
- Chu Shijian (Chinese: ???; 17 January 1928 – 5 March 2019) was a Chinese business executive and entrepreneur, known as the "king of tobacco" and the "king of oranges".
- He turned the near-bankrupt Yuxi Cigarette Factory into one of China's most profitable state-owned companies and developed its Hongtashan cigarette into one of the country's most valuable brands.
- At its peak, the company contributed 60% of total revenues of the Yunnan provincial government.Chu supplemented his low official salary by taking bribes.
- He was arrested for corruption in 1996 and sentenced to life imprisonment in 1999.
- After being released on medical parole in 2002, he started his second company at age 75, an orange plantation with the brand name "Chu Orange".
- It became a nationally famous brand, giving Chu a new nickname as the "king of oranges".
- His achievements and unyielding spirit made him "one of China's most iconic entrepreneurs".
