Guangzhou Couple’s Wealth Reaches $13 Billion by Selling Tiles, Diapers in Africa

Shen Yanchang and his wife, Yang Yanjuan, along with the Sen Da company, are set to collectively own 4.08 billion shares of Keda Manufacturing, valued at $7 billion, following a significant transaction. Known as “the king of African diapers,” Shen Yanchang’s Sen Da group has sold over 4 billion pieces of diapers annually in the region. Their wealth is estimated to reach around $13 billion based on their holdings in Keda and Le Comfort. Shen Yanchang will continue to oversee overseas building material business for Te Fu International post the completed transaction, solidifying their alliance with Keda.