#70 Billionaire
Xiangjian He & family
$19.4B
$-553M
(-2.8%)
CN
· Age 83
Source of wealth: home appliances
Industry: manufacturing
Residence: Foshan, CN
{
"bio": [
"Entrepreneur He Xiangjian built Midea Group into one of the world's largest appliance makers.",
"In 1968, He led a group of 23 residents from the town of Beijiao in Guangdong Province to form a lid production workshop that became Midea.",
"Midea Group, whose shares trade on the Shenzhen Stock Exchange, now has more than 200 subsidiaries, including Germany-based robotics firm Kuka.",
"He stepped down from its operations in 2012.",
"His son He Jianfeng is a director of Midea Group and Midea Real Estate Holding."
],
"about": []
}
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