Jia Yueting: Jia Yueting Net Worth, Biography, Age, Spouse, Children & More

About Jia Yueting

Jia Yueting, a prominent Chinese entrepreneur and the mind behind Leshi Holding Group and Faraday Future, has navigated a notable yet tumultuous career in the tech and automotive sectors. Born on December 15, 1973, in Xiangfen, Shanxi, China, Yueting's journey from a finance graduate of Shanxi Provincial Finance and Taxation Vocational College to a tech support role in the Shanxi Province tax office laid the foundation for his entrepreneurial ventures. Despite his early success, founding companies such as Le.com and investing heavily in ventures like Lucid Motors, Yueting's financial dealings have been marred by controversy. In October 2019, he faced bankruptcy with over USD $3.6 billion in personal debt, leading to asset freezes and his name being added to China's debt blacklist. Through his ups and downs, including a significant personal event—his marriage to Gan Wei in 2008 and their subsequent divorce filing in late 2019—Yueting's story is a complex blend of ambition, innovation, and financial turmoil.

Born

January 01, 1973 in Xiangfen, Shanxi, China

Age

53 years

Source Of Wealth

Online Video

Industries

Technology

Citizenship

China

Residence

Beijing

Spouse

Gan Wei (Married: 2008–2020)

Children

Jia Yueting, also known as YT Jia, was born on December 15, 1973, in Xiangfen, Shanxi, China. He completed his undergraduate studies in finance at Shanxi Provincial Finance and Taxation Vocational College.

Jia Yueting: Family

Jia Yueting married Gan Wei in 2008. However, Gan Wei filed for divorce in late 2019.

Jia Yueting: Career Highlights

Jia Yueting started his career as tech support personnel in the Shanxi Province tax office. He later became a successful businessman and entrepreneur, founding several companies and making significant investments in the technology industry.

Jia Yueting: Companies

Sinotel Technologies: Former owner, held a 26% shareholding before privatization.
Le.com: Founder, resigned as chairman and CEO in July 2017.
LeEco (Leshi Holding Beijing): Founder, purchased Coolpad Group in 2015.
Lucid Motors: Invested $100 million in 2014, purchased over 20% stake in 2016.
Faraday Future: Co-founder, became CEO in late 2017, sold majority stake to Evergrande Health.

Jia Yueting: Major Achievements

Jia Yueting is known for his ambitious business ventures and investments in the technology industry. He played a significant role in the growth and development of several companies, including LeEco and Faraday Future.

Jia Yueting: Awards & Achievements

No information provided.

Jia Yueting: Personal Life & Legacy

Jia Yueting's personal life has been marked by both success and controversy. He has faced significant financial challenges and legal issues, including bankruptcy filings and asset freezes. Despite these setbacks, he continues to be a prominent figure in the business world.

Jia Yueting: Trivia

No information provided.

Wealth History

Timeline

December 15, 1973

Jia Yueting (YT Jia) is born in Xiangfen, Shanxi, China.

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Jia Yueting completes undergraduate studies in finance at Shanxi Provincial Finance and Taxation Vocational College.

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Jia Yueting starts his career as tech support personnel in the Shanxi Province tax office.

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Jia Yueting becomes the former owner of Sinotel Technologies, holding a 26% shareholding before privatization.

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Jia Yueting founds Le.com and later resigns as chairman and CEO in July 2017.

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Jia Yueting founds LeEco (Leshi Holding Beijing) and purchases Coolpad Group in 2015.

2014

Jia Yueting invests $100 million in Lucid Motors.

2016

Jia Yueting purchases over 20% stake in Lucid Motors.

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Jia Yueting co-founds Faraday Future and becomes its CEO in late 2017.

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Jia Yueting sells the majority stake in Faraday Future to Evergrande Health.

2017

A court in Shanghai issues a freezing order on Jia Yueting's assets worth 1.2 billion renminbi.

December 2017

Jia Yueting is named to China's debt blacklist for refusing to return and pay debts.

Late 2018

Jia Yueting's assets are frozen in the British Virgin Islands and California.

October 2019

Jia Yueting files for Chapter 11 bankruptcy in the US, owing billions to creditors.

December 2019

The Department of Justice accuses Jia Yueting of dishonest behavior during bankruptcy.

May 2020

Jia Yueting's Chapter 11 reorganization plan is confirmed by the US Bankruptcy Court.

Late 2019

Jia Yueting's wife, Gan Wei, files for divorce.

Jia Yueting : FAQs

What is Jia Yueting's net worth?

As of 2017, Jia Yueting's net worth was $3.80 billion.

What are Jia Yueting's main sources of wealth?

Jia Yueting's main source of income comes from Online Video.

In which industry does Jia Yueting primarily operate?

Jia Yueting is primarily involved in the Technology industry.

How old is Jia Yueting?

Jia Yueting is 53 years old.

How many children does Jia Yueting have?

Jia Yueting has 3 children.

Who is Jia Yueting and what companies has he founded?

Jia Yueting, also known as YT Jia, is a Chinese businessman who founded several companies, including Leshi Holding Group and the electric vehicle company Faraday Future. He was also involved with other ventures such as Sinotel Technologies, Le.com, LeEco (Leshi Holding Beijing), and invested in Lucid Motors.

What significant financial challenges has Jia Yueting faced?

Jia Yueting has encountered several financial controversies, including filing for bankruptcy in October 2019 with personal debt over USD $3.6 billion, having assets frozen due to a court order, being named to China's debt blacklist, and accusations of dishonest behavior during his bankruptcy proceedings by the Department of Justice.

What was the outcome of Jia Yueting's bankruptcy filing in the US?

After filing for Chapter 11 bankruptcy in the US in October 2019, Jia Yueting's reorganization plan was confirmed by the US Bankruptcy Court in May 2020, despite facing billions owed to creditors and accusations of dishonest behavior.

Can you provide details on Jia Yueting's personal life and marriage?

Jia Yueting married Gan Wei in 2008. However, their marriage encountered difficulties, leading Gan Wei to file for divorce in late 2019 amidst Jia's financial controversies.