He Xiangjian's Biography

He Xiangjian is a renowned Chinese billionaire and the founder of Midea Group, one of the world’s largest producers of home appliances. Born on October 5, 1942, in Foshan, Guangdong province, He Xiangjian began his entrepreneurial journey with a small lid production workshop in 1968, investing just a few hundred yuan. Under his visionary leadership, Midea transformed from a local company into a global powerhouse, employing over 100,000 people and exporting to more than 200 countries. He Xiangjian’s story is a prime example of China’s economic rise and the power of innovation and perseverance. With an estimated current net worth of $29 billion, He has consistently ranked among China’s richest individuals according to Forbes and Hurun Report. Despite stepping down from daily operations, he remains a respected figure in the business world. He is known for his philanthropic efforts, interest in traditional Chinese art, and love of golf. In 2020, He made headlines when he survived a kidnapping attempt, further cementing his legacy as a resilient and influential leader. His journey from humble beginnings to the helm of a global conglomerate continues to inspire aspiring entrepreneurs worldwide.