Rank #66
He Xiangjian & family
Net worth $33.9B
Home appliances · China
- Born
- Aug 11, 1942
- Age
- 83
- Source
- Home appliances
- Residence
- Foshan, Guangdong
- Citizenship
- China
- Marital status
- Married
- Children
- 3
- Education
Net worth over time
Biography
- 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. It trades in both Shenzhen and Hong Kong.
- Midea Group took German robotics firm Kuka private from the Frankfurt Stock Exchange in 2022 and became its sole owner.
- He stepped down as chairman of Midea Group in 2012.
- His son He Jianfeng is a director of Midea Group and Midea Real Estate Holding.
- In 2023, He pledged to donate $410 million to set up a fund supporting scientific research in China.
Financial assets
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