Hui Ka Yan
Chinese businessman / From Wikipedia, the free encyclopedia
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Hui Ka Yan (Chinese: 许家印, or Xu Jiayin in Mandarin Chinese; born 9 October 1958) is a Chinese former billionaire businessman. He is the chairman of the board and Communist Party secretary of the Evergrande Group, a Chinese real estate developer.[2] The Guangzhou-based company was China's biggest property developer in 2016, based on sales volume; revenue was 211.4 billion yuan (US$31.8 billion). In 2017, Evergrande Real Estate Group achieved sales of RMB 450 billion (US $69.5 billion). As of December 2021 Hui was the largest shareholder of Evergrande Group, holding nearly 60 percent of stock.[3] In September 2023, Hui was arrested and under investigation for suspected illegal activity.
Hui Ka Yan | |||||||||||||||||
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许家印 | |||||||||||||||||
Born | (1958-10-09) 9 October 1958 (age 65)[1] | ||||||||||||||||
Other names | Xu Jiayin | ||||||||||||||||
Education | Taikang County No. 1 High School | ||||||||||||||||
Alma mater | Wuhan University of Science and Technology | ||||||||||||||||
Occupation(s) | Businessman, investor | ||||||||||||||||
Title | Chairman and Party Committee secretary, Evergrande Group | ||||||||||||||||
Political party | Chinese Communist Party | ||||||||||||||||
Spouse | Ding Yumei | ||||||||||||||||
Children | 2 | ||||||||||||||||
Chinese name | |||||||||||||||||
Traditional Chinese | 許家印 | ||||||||||||||||
Simplified Chinese | 许家印 | ||||||||||||||||
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As of October 2023[update], Hui had an estimated net worth of $979 million according to Bloomberg Billionaires Index,[4] down from a peak of $45.3 billion in 2017.[5] On March 19 2024, Hui was fined $6.5 million for his company´s $78 billion revenue overstatement and banned from China’s markets for life.