Portrait of Mao Lixiang & family

Rank #3144

Mao Lixiang & family

Net worth $1.0B

Cooking appliances · China

Born
Jan 01, 1941
Age
85
Source
Cooking appliances
Residence
Ningbo, Zhejiang
Citizenship
China
Marital status
Children
0
Education

Net worth over time

Biography

  • Mao Lixiang is the founder of Fotile, one of China's largest kitchen appliance brands.
  • Son Mao Zhongchun currently chairs the business from its headquarters in the eastern Chinese city of Ningbo.
  • Fotile's top sellers include kitchen range hoods.
  • Fotile's rivals include Robam Appliances, led by fellow billionaire Ren Jiahua.