Guo Guangchang was born in Dongyang, Zhejiang, in 1967. In 1989, Guo received a BA in Philosophy and an MBA from Fudan University.
In 1992, Guo founded Guangxin Technology Development Company Ltd, which was among the first to use scientific methods in market research in mainland China. Since 1994, Guo has been the chairman of Fosun Group and invested in insurance, pharmaceuticals and Health care, property, steel, mining, Retail, services, Finance and other investment, and asset management, creating one of the largest non-state owned enterprises in China.
In 2007, Fosun International (00656.HK), the holding company of Fosun, was listed on the HKSE. Fosun has teamed up with IFC in reinsurance Business, invested in Club Med of France, insurance company Fidelidade Seguros of Portugal and Folli Follie of Greece to jointly explore opportunities brought by the growth of China's economy.
Guo is a member of the National Committee of the 12th Chinese People's Political Consultative Conference, a member of the Standing Committee of All-China Federation of Industry and Commerce, a member of the Standing Committee of All-China Youth Federation, the Honorary Chairman of Shanghai Zhejiang Chamber of Commerce.
As of 2015 he was listed as the 34th richest person in China by Forbes, with a net worth of $7.3 billion. He nicknamed himself "China’s Warren Buffett".
