Huang Guangyu Net Worth is
VN:F [1.9.22_1171]
deserves the money?
Rating: 0.0/5 (0 votes cast)
VN:F [1.9.22_1171]
Would you date ?
Rating: 0.0/5 (0 votes cast)
Huang Guangyu, (simplified Chinese: ?>>???????; traditional Chinese: ?>>???????; Mandarin Pinyin: Hu??ng Gu??ngy??; Jyutping: Wong4 Kwong1 Yu6) (born 24 June 1969) was the Chairman of GOME Group, which is the largest consumer electronics retailer in China. He had a net worth of US$1.7 billion as of 2005, according to Forbes Magazine's world's richest people ranking. In 2005, he was the richest man in China according to Time magazine.He was born and raised as a Christian.
In 2006, he was forced by regulations to sell off 25% of GOME Group, as listed in Hong Kong, making his net worth US$2.5 billion, according to some sources. His ambitious goals include "making Gome one of the 500 largest companies in the world by 2008". Huang was listed as the richest person in Mainland China in 2007, with a net worth estimated at $6.3 billion, according to the 2008 China Rich List, which is compiled by the Hurun Institute. He was surpassed by Yang Huiyan in 2009, with a net worth of $7.1 billion.

On November 24, 2008 the Hong Kong Stock Exchange indefinitely halted trading in shares in GOME, amid reports of a police investigation of Huang Guang Yu, the company's Chairman, Executive Director and Controlling Shareholder. Furthermore, Huang was reported to be charged with alleged stock market manipulation, on which police declined to comment, according to the state-run China Daily newspaper. He resigned from the post of Chairman on 16 January 2009.
A Chinese court sentenced Huang Guangyu to 14 years in prison, a severe punishment for China's one-time wealthiest man that is likely to be seen as a warning to the country's business executives.
In April 2011, Chairman Chen Xiao, who succeeded Mr. Huang when he was sentenced to prison, resigned after a seven-month campaign by Mr. Huang to reassert control.
On July 12, 2011, Eagle Vantage Asset Management, controlled by Mr. Huang, bid on his behalf for the decommissioned British Royal Navy aircraft carrier, HMS Ark Ro

Huang Guangyu Latest News

Asia's Corporate Governance Challenge

Huang Guangyu, the company’s billionaire founder and its biggest shareholder, is serving a 14-year sentence in a Chinese prison for illegal business practices. In late September, he tried to increase his family’s control over the company from prison by ...
Posted: March 11, 2011, 5:23 am

Even from jail, China’s former richest man is making deals and funneling money offshore

Prison hasn’t made a poor man of Huang Guangyu, an electronics retail tycoon jailed since 2010 for bribery and insider trading. According to a report by the International Consortium of Investigative Journalists (ICIJ), Huang and his wife have over 30 ...
Posted: January 21, 2014, 11:07 pm

China Gome Tycoon Huang Guangyu Charged with Bribery

Billionaire Huang Guangyu, charged with bribery and insider trading, will soon stand trial: He was arrested on suspicion of share manipulation in November 2008, a month after he had been labelled China’s richest man. He was placed under investigation and ...
Posted: October 9, 2016, 5:00 pm
Related Topics:
How Much Is Huang Guangyu Earnings, How Much Is Huang Guangyu Income, How Much Is Huang Guangyu Net Worth, How Much Is Huang Guangyu Salary, How Much Is Huang Guangyu Worth, Huang Guangyu, Huang Guangyu Age, Huang Guangyu Bio, Huang Guangyu Biografia, Huang Guangyu Biography, Huang Guangyu Case, Huang Guangyu Country, Huang Guangyu Date Of Birth, Huang Guangyu Du Juan, Huang Guangyu Earnings, Huang Guangyu Ethnicity, Huang Guangyu Forbes, Huang Guangyu Gossips, Huang Guangyu Height, Huang Guangyu History, Huang Guangyu Home Town, Huang Guangyu Images, Huang Guangyu Income, Huang Guangyu Insider Trading, Huang Guangyu Job, Huang Guangyu Nationality, Huang Guangyu Net Worth, Huang Guangyu Networth, Huang Guangyu News, Huang Guangyu Partner, Huang Guangyu Place Of Birth, Huang Guangyu Rumors, Huang Guangyu Salary, Huang Guangyu Secrets, Huang Guangyu Sentence, Huang Guangyu Videos, Huang Guangyu Weight, Huang Guangyu Wife, Mr. Huang Guangyu, Who Is Huang Guangyu, 广粤皇, 黄光裕案,