August 3, 2021

Billionaire He Xiangjian Saved From Hostage Taking By Son

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Chinese billionaire He Xiangjian survived a hostage-taking and kidnapping attempt over the weekend after kidnappers carrying explosives broke into his home in Guangdong province. Source: Getty images.

Chinese billionaire He Xiangjian was rescued from a kidnapping attempt over the weekend after kidnappers carrying explosives broke into his home in Guangdong province.

According to local reports, He Xiangjian, one of China’s richest men with an estimated fortune of $ 24.8 billion, was rescued Sunday by his son, He Jianfeng (55). The tycoon’s son snuck out of the family home and swam across a river to sound the alarm.

According to a statement posted on Weibo, the Chinese equivalent of Twitter, a call was received by police on Sunday evening for a break-in on an 18-hole golf course and a sports center belonging to He Xiangjian’s Midea group.

Although police did not mention the billionaire’s name in their statement, a spokesperson for the local Foshan Public Security Bureau wrote on Weibo: “ the victim is safe », Attached to the police statement. Midea confirmed the incident on Weibo, and thanked “ the media and all sectors of society for their concern ».

Qui est He Xiangjian?
Entrepreneur He Xiangjian is the founder of Midea, a household appliance giant. The company was founded in 1968 after the billionaire led a group of 23 residents of Guangdong province to form a lid production workshop.

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The company’s sign in front of a Midea factory in Wuhan. Source: Getty images.

Today, Midea is listed on the Shenzhen Stock Exchange and has more than 200 subsidiaries, including the German robotics company Kuka. He Xiangjian ceased operations in 2012. His son He Jianfeng is now director of the group and of Midea Real Estate Holding.

In January, the company donated products such as air conditioners, water heaters, washers and dryers to hospitals in Wuhan battling the coronavirus.

According to Forbes’ real-time ranking, He Xiangjian is currently the 7th wealthiest in China.

<< Article translated from Forbes US - Author: David Dawkins >>

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