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, Evergrande Real Estate Group
Net worth IncreaseUS$8.6 billion (June 2015)[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 $6.3 billion, as of January 2015.[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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