Hui Ka Yan
#1066

Hui Ka Yan

China 67 years old Self-Made

Overview

Source of Wealth
Real estate
Industry
Real Estate
Residence
Shenzhen
Education
Wuhan U of Science & Tec (Bachelor of Arts/Science)
Marital Status
Divorced
Children
2

Assets

  • Evergrande Real Estate Group
    7,893,030,000 shares @ -
    -
    3333-HK
  • Evergrande Real Estate Group
    0 shares @ -
    -
    3333-HK
  • New Energy Vehicle Group
    0 shares @ -
    -
    -

Biography

Hui Ka Yan is the embattled chairman of Hong Kong-listed Evergrande Group, one of China's biggest and most indebted real estate developers.

Evergrande, which Hui took public in 2009, was officially labelled a defaulter in December 2021 and is struggling to repay $327 billion in liabilities.

Hui worked as a technician in a steel factory for 10 years after graduating college in 1982.

Hui started Evergrande in Guangzhou in 1996 and later took on a debt-fueled expansion that saw the company building more than a thousand housing projects across the country.

About

Evergrande owns the majority of Guangzhou Evergrande, one of China's most successful soccer teams.

Forbes calculates that Hui was paid more than $8 billion in dividends by Evergrande from 2009, when it listed shares, through 2020.