Hui Ka Yan

About Hui Ka Yan

Who is it?: Chairman, China Evergrande Group
Birth Year: 1958
Birth Place: Shenzhen, China, China
Native name: 许家印
Residence: Guangzhou, Guangdong, China
Occupation: Founder and Chairman of Evergrande Real Estate Group
Children: 2

Hui Ka Yan Net Worth

Hui Ka Yan was bornon 1958 in Shenzhen, China, China, is Chairman, China Evergrande Group. Hui Ka Yan chairs Hong Kong-listed real estate developer China Evergrande Group of Shenzhen, active in residential and commercial property. Hui graduated from a college specialized in steel; he worked as a technician in a steel factory for 10 years after graduating in 1982.. Hui Ka Yan took Evergrande public in 2009. The company has real estate projects in more than 200 cities across China. Eyeing growth in China's healthcare spending, Hui created listed Evergrande Healthcare and partnered with Harvard-affiliated Brigham Hospital. Evergrande owns the majority of one of China's most winning soccer teams; Alibaba Group holds a minority stake.
Hui Ka Yan is a member of Real Estate

💰 Net worth: $30.9 Billion (Updated at 22 June 2018)

2010 $4 Billion
2011 $5.1 Billion
2012 $5.8 Billion
2013 $5.9 Billion
2014 $5.7 Billion
2015 $6.2 Billion
2016 $8.6 Billion
2017 $10.2 Billion
2018 $31.63 Billion

Some Hui Ka Yan images

Biography/Timeline

2011

Evergrande's debt to equity ratio peaked at over 170% in 2011. It was over 150% at the end of 2015. It was higher than most Chinese-listed real estate companies. Its most recent acquisitions are from Hong Kong-based New World Development. Hui is the largest shareholder of China Evergrande Group. It has more than 700 projects in more than 240 cities in China including Beijing, Shanghai, Guangzhou and Shenzhen. Seventy percent of its projects are in the first- and second-tier cities. It has established strategic cooperation with more than 800 well-known enterprises worldwide. It implements the strategy of making top-quality products, creates the products with high quality and high cost-effectiveness, establishes the precedents of "selling all the houses with fine decoration" and "no-reason house return" in the industry, so that more than five million owners can realize the dream of having a livable home. In 2017, Evergrande Real Estate Group will achieve a sales amount of RMB 450 billion. The Guangzhou-based company has became China's biggest property developer in 2016 based on sales volume and had revenue of 211.4 billion yuan ($31.8 billion) in 2016.

2018

As of January 2018, Xu has a net worth of US$39.1 billion, making him the third-richest person in China, and the 21st-richest in the world.