He Xiangjian & family

$32.41 B

Ranked #63 in World

About He Xiangjian & family

He Xiangjian, Midea's co-founder and a prominent name in China's home appliances industry, holds a net worth of $28.8 billion, securing the 51st spot on the Bloomberg Billionaires Index as of September 2021. Beginning in 1968 with a lid-making venture in Beijiao, Guangdong, Xiangjian saw his business expand into the giant Midea Group. Although he stepped back from Midea's daily operations in 2012, he remains influential, living in Foshan's Junlan International Golf Life Village with his family. He's also recognized as an art aficionado, establishing the He Art Museum. In June 2020, Xiangjian survived an attempted kidnapping at his villa, thwarted when his son alerted the police, leading to several arrests.

Born

August 11, 1942

Age

83 years

Source Of Wealth

Home Appliances

Industries

Manufacturing

Citizenship

China

Residence

Foshan

Children

He Xiangjian was born on October 5, 1942, in Shunde, Guangdong, China. His early life was marked by the hardships of growing up in a rural village during a time of economic and political turmoil in China.

He Xiangjian & family: Family

He Xiangjian is married and has three children. He lives with his family in Foshan in Junlan International Golf Life Village.

He Xiangjian & family: Career Highlights

He Xiangjian's career is marked by his entrepreneurial spirit and success in the appliance industry. Here are some key highlights:

In 1968, he formed the lid production company in Beijiao, Guangdong, which later became Midea.
Under his leadership, Midea grew from a small workshop into one of China's largest appliance makers.
He stepped down from the operations of Midea in 2012 but remains the company's chairman.

He Xiangjian & family: Companies

He Xiangjian is associated with the following companies:

Midea Group
He Art Museum

He Xiangjian & family: Major Achievements

He Xiangjian's major achievements include:

Building Midea into a global leader in the appliance industry.
Transforming the company from a small workshop to a multinational corporation.
Establishing the He Art Museum, a privately funded non-profit museum dedicated to promoting art and culture.

He Xiangjian & family: Awards & Achievements

He Xiangjian has received numerous awards and recognitions for his contributions to the business and art worlds, including:

Honorary Doctorate from the Hong Kong Polytechnic University
China Entrepreneur of the Year Award
Forbes China's 400 Richest People

He Xiangjian & family: Personal Life & Legacy

He Xiangjian is known for his philanthropic efforts and support for various charitable causes. He has also been recognized as a notable art collector and patron of the arts.

He Xiangjian & family: Trivia

Here are some interesting facts about He Xiangjian:

He is a noted art collector and founded the He Art Museum, a privately funded non-profit museum designed by Tadao Ando.

In June 2020, there was a reported attempted kidnapping of He Xiangjian, with assailants breaking into his villa in Foshan. His son, He Jianfeng, escaped and alerted local police, leading to He's rescue and the arrest of five suspects.

Wealth History

Timeline

1968

Formed the lid production company in Beijiao, Guangdong, which later became Midea.

2012

Stepped down from operations of Midea.

June 2020

Reported attempted kidnapping, with assailants breaking into his villa in Foshan.

He Xiangjian & family : FAQs

What is He Xiangjian's current net worth?

He Xiangjian's current net worth is $32.41 billion.

What is He Xiangjian's current global rank among billionaires?

He Xiangjian holds the 63rd position globally among billionaires.

What is He Xiangjian's current ranking within the China?

He Xiangjian holds the 7th position in China.

What was the change in He Xiangjian's net worth compared to the previous year?

He Xiangjian's net worth increased by 261 million dollars compared to the previous year 2025, when his net worth was 32.15 billion dollars.

What is the recent change in He Xiangjian's net worth?

He Xiangjian's net worth decreased by 48.24 million dollars recently, a 0.15% decrease, with his net worth standing at 32.41 billion dollars.

What are He Xiangjian's main sources of wealth?

He Xiangjian's main source of income comes from Home Appliances.

In which industry does He Xiangjian primarily operate?

He Xiangjian is primarily involved in the Manufacturing industry.

How old is He Xiangjian?

He Xiangjian is 83 years old.

How many children does He Xiangjian have?

He Xiangjian has 3 children.

Who is He Xiangjian and what is he known for?

He Xiangjian is the co-founder of Midea, one of China's largest appliance makers, with a significant contribution to the appliances industry. He played a crucial role in transforming a small lid production company into a global giant.

When did He Xiangjian retire from Midea and where does he currently reside?

He Xiangjian stepped down from the operations of Midea in 2012. He is married with three children and currently lives in Foshan, in the Junlan International Golf Life Village.

Has He Xiangjian contributed to the field of art and culture?

Yes, He Xiangjian is a noted art collector and founded the He Art Museum, a privately funded non-profit museum in China, showcasing his dedication to the arts and culture.

What incident happened to He Xiangjian in June 2020?

In June 2020, He Xiangjian was the target of an attempted kidnapping at his villa in Foshan. His son, He Jianfeng, managed to escape the assailants and alert the local police, which led to He Xiangjian's rescue and the arrest of five suspects involved in the attempt.