Rank #2431
Ye Guofu
Net worth $1.7B
Retail · China
- Born
- Jan 01, 1978
- Age
- 48
- Source
- Retail
- Residence
- Guangzhou, Guangdong
- Citizenship
- China
- Marital status
- Children
- 0
- Education
- Associate in Arts/Science, Zhongnan University of Economics and Law
Net worth over time
Biography
- Ye Guofu is the founder and CEO of budget retail chain Miniso, known for its value-for-money goods such as $1.5 mascara and $6 headphones.
- The company went public on the New York Stock Exchange in October 2020.
- Once branded as Japan-inspired, Miniso apologized in 2022 for its marketing strategy amid consumer backlash at home. It has has since removed Japanese elements from its store and logo designs.
- Banking on a franchise-heavy model for expansion, the company now has over 5,000 Miniso shops, including more than 2,000 overseas.
- Ye holds a degree from Zhongnan University of Economics and Law.
Financial assets
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