Networth: 25 Billion
Country: China
Industry: Manufacturing
Entrepreneur He Xiangjian built Midea Group into one of the world's largest appliance makers.In 1968, He led a group of 23 residents from the town of Beijiao in Guangdong Province to form a lid production workshop that became Midea. Midea Group, whose shares trade on the Shenzhen Stock Exchange, now has more than 200 subsidiaries, including Germany-based robotics firm Kuka.He stepped down from its operations in 2012.His son He Jianfeng is a director of Midea Group and Midea Real Estate Holding.
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