Huang Guangyu 黄光裕 Cantonese: Wong Kwong Yu Teochew: Ng Kuang Yeo | |
|---|---|
| Born | Zeng Junlie (曾俊烈) 24 June 1969 |
| Nationality | Chinese |
| Other names | Huang Junlie (黄俊烈)[1] |
| Alma mater | Renmin University of China |
| Occupation | Entrepreneur |
| Title | Chairman of GOME Group |
| Term | 1987-18 January 2009 |
| Criminal status | Released |
| Spouse | Du Juan |
| Conviction(s) | Stock market manipulation (18 May 2010) |
| Criminal penalty | 14 years in prison $600,000,000 fine Confiscation of $200,000,000 |
Huang Guangyu, (simplified Chinese: 黄光裕; traditional Chinese: 黃光裕; pinyin: Huáng Guāngyù; Jyutping: Wong4 Kwong1 Yu6) (born 24 June 1969) is a Chinese businessman and the former chairman of GOME Group, which is the largest consumer electronics retailer in China. He had a net worth of US$1.7 billion as of 2005, according to Forbes magazine's world's richest people ranking.[2] In 2005, he was the richest man in China according to Time magazine.[3] He was born and raised as a Christian.[4]
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 by Hurun.[5] He was surpassed by Yang Huiyan in 2009, with a net worth of $7.1 billion.