7He Xiangjian – Net worth – $7.1 billion
Born in 1942, He Xiangjian is the founder of Midea Group, one of China’s largest appliance makers.
The company was established in 1968, when Xiangjian and 23 local residents of the village of Beijiao set up a bottle lid workshop.
In 2013, Midea Group started trading at the Shenzhen Stock Exchange.
In his free time, the billionaire likes to play golf. Not to mention, he is an active philanthropist.
