Huang Guangyu
Richest Billionaires

Huang Guangyu Net Worth

Huang Guangyu is a Chinese businessman who has an impressive net worth of $3.25 billion. He is the former Chairman, Executive Director and Controlling Shareholder of Gome Group, the largest consumer electronics retailer in China. Huang Guangyu is renowned for his success in the business world and his immense wealth.
Huang Guangyu is a member of Richest Billionaires

Age, Biography and Wiki

Birth Day June 24, 1969
Birth Place China
Age 54 YEARS OLD
Birth Sign Cancer
Net Worth: $3.25 Billion
Gender: Male

💰 Net worth: $3.25 Billion (2024)

Mr. Huang was the man who turned Gome Electronics into China's largest retailer of appliance with an estimated value of $6.3 billion in 2008. But the same year, the company went through a quick fall because of a widespread complaint of misconduct among billionaire entrepreneurs in China. On November 24, 2008, Huang Guangyu's shares were frozen by the Hong Kong Stock Exchange due to an ongoing investigation. Under accusations of bribery, tax evasion and similar actions, he was sentenced to 14 years in prison, an action that was seen as a warning to the business executives in China. It was on January 16, 2009 that he resigned from his post as the group's Chairman. But the now imprisoned Guangyu didn't generate all of his wealth from Gome. He also concentrated his riches in real estate. Furthermore, he owns a Beijing-based company called Pengrun Investment.

Some Huang Guangyu images

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.