He Xiangjian, an entrepreneur, transformed Midea Group into one of the largest appliance manufacturers in the world. Midea, one of the largest manufacturers of appliances in China, was co-founded by He Xiangjian.
His net worth was estimated to be $28.8 billion by Bloomberg Billionaires Index in September 2021, placing him 51st in the index.
He Xiangjian Net Worth and Wealth:
The estimate of He Xiangjian‘s net worth of approximately $30 billion is three years old, so it cannot be relied upon completely. Due to the fact that the Chinese government has initiated corruption cases against him in recent days, it is somewhat challenging to locate his current assets. Because of this, only the figure of $24 billion can be considered accurate. It is said that up until two years ago, He Xiangjian was one of China’s ten richest men. He is currently one of China’s twenty richest men.
Do you Know:
- He led a group of 23 people from the town of Beijiao in Guangdong Province in 1968 to establish Midea, a lid production workshop.
- More than 200 subsidiaries of the Shenzhen Stock Exchange-listed Midea Group now exist, including the German robotics company Kuka.
- In 2012, he left the company’s operations.
- Midea Real Estate Holding and Midea Group are both run by his son, He Jianfeng.
- He established the lid production company that would become Midea in 1968 in Beijiao, Guangdong.
- In 2012, he stepped down from Midea’s operations.
- He lives in Foshan in Junlan International Golf Life Village, a Midea Real Estate Group-developed villa neighborhood. He is married and has three children.
- He founded the He Art Museum, a private, non-profit museum designed by Tadao Ando, winner of the Pritzker Prize. He is a well-known art collector.
- His kidnapping attempt is said to have been attempted in June 2020. The assailants are said to have entered He’s villa in Foshan. His son, He Jianfeng, is said to have escaped and called the police, who are said to have rescued Him and arrested five suspects.
