Wong Kwong Yu

About Wong Kwong Yu

Birth Day: June 24, 1969
Birth Place: Beijing, China, China
Birth Sign: Cancer
Other names: Huang Junlie
Alma mater: Renmin University of China
Occupation: Former Chairman of GOME Group
Title: Chairman of Gome
Term: 1987-18 January 2009
Criminal penalty: 14 years in prison $600,000,000 fine Confiscation of $200,000,000
Criminal status: in prison
Spouse(s): Du Juan
Conviction(s): stock market manipulation (18 May 2010)

Wong Kwong Yu Net Worth

Wong Kwong Yu was bornon June 24, 1969 in Beijing, China, China. Wong Kwong Yu, also known as Huang Guangyu, is the founder/shareholder of Hong Kong-listed appliance retailer Gome Electrical Appliances Holding. Huang is serving a 14-year jail sentence received in 2010 for insider trading and bribery.
Wong Kwong Yu is a member of Fashion & Retail

💰 Net worth: $1.38 Billion (Updated at 22 June 2018)

2012 $2 Billion
2013 $1.15 Billion
2014 $1.55 Billion
2015 $1.45 Billion
2016 $1.4 Billion
2017 $1.6 Billion
2018 $1.61 Billion

Some Wong Kwong Yu images

Biography/Timeline

2006

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.

2009

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.

2011

On July 12, 2011, Eagle Vantage Asset Management, controlled by Huang, bid on his behalf for the decommissioned British Royal Navy aircraft carrier, HMS Ark Royal. According to reports, the plan is to create the world’s largest buoyant luxury shopping mall.