Xu Jiayin

Xu Jiayin
Native name 许家印
Born 1958
Taikang County, Zhoukou, Henan, China
Residence Guangzhou, Guangdong, China
Nationality Chinese
Occupation Founder and Chairman of Evergrande Real Estate Group
Net worth US$10.1 billion (April 2016)[1]
Children 2
This is a Chinese name; the family name is Xu (Hui).

Xu Jiayin (Chinese: 许家印; born 1958), or Hui Ka Yan in Cantonese, is a Chinese businessman, chairman of Evergrande Group, a Chinese real estate developer.[1] Evergrande's debt to equity ratio peaked at over 170% in 2011. It was over 150% at the end of 2015. It is higher than most Chinese listed real estate companies. Its most recent acquisitions are from Hong Kong-based New World Development.[2]

Early life

Xu Jiayin was born in a rural family in Jutaigang Village, Gaoxian Township, Taikang County, Zhoukou, Henan, China. (Chinese: 河南省周口市太康县高贤乡聚台岗村)[1]

Career

According to Forbes, Xu has a net worth of US$10.1 billion, as of April 2016.[1]

Personal life

He is married with two children and lives in Guangzhou.[1]

References

  1. 1 2 3 4 5 "Hui Ka Yan". Forbes. Retrieved 22 March 2015.
  2. "Perpetual Faith in China - Bloomberg Gadfly". Bloomberg.com. Retrieved 2016-01-26.


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