He Xiangjian
He Xiangjian | Founder, Midea Group | $24.6B as of 6/30/24
He Xiangjian is a prominent Chinese businessman, known for founding Midea Group, one of the world's largest manufacturers of electrical appliances. With a keen eye for innovation and expansion, He Xiangjian has made significant contributions to the global appliance industry.
Personal Information:
Full Name: He Xiangjian
Name in the Language of Origin: 何享健
Date of Birth: October 5, 1942
Place of Birth: Shunde, Guangdong, China
Zodiac: Libra
Marital Status and Family: Married with children
Spouse: Name not publicly disclosed
Children: He Jianfeng (son), among others
Relatives: No widely publicized siblings or other known relatives
Background and Early Life:
Family Background: He Xiangjian was born into a modest family in Shunde, Guangdong. His family background in a rural setting influenced his pragmatic approach to business.
Ancestry: Chinese, from Guangdong province.
Early Influences: He grew up in an era of economic reform in China, which greatly influenced his entrepreneurial spirit.
Influenced By: The economic reforms of Deng Xiaoping, the rapid industrialization of China.
Books That Impacted the Most: Not widely known or publicized.
Educational Background:
Education: Limited formal education; most of his business acumen comes from practical experience and self-education.
Professional Career:
Current Occupation: Founder and honorary chairman of Midea Group
Midea Group
Career History:
Founded Midea Group in 1968 as a workshop producing bottle lids and car parts.
Expanded into the appliance industry in 1980, initially manufacturing electric fans.
Career Milestones:
Key Achievements:
Transformed Midea from a small workshop into a global leader in home appliances.
Listed Midea Group on the Shenzhen Stock Exchange.
Innovations and Contributions:
Early adopter of robotics and automation in manufacturing.
Strategic acquisitions, including German robotics firm KUKA.
Industry Impact:
Significant influence on the global home appliance market, setting high standards for efficiency and innovation.
Net Worth and Assets:
Estimated Net Worth: Approximately $23.7 billion (as of 2023)
Key Assets: Major holdings in Midea Group
Investments: Diverse portfolio, including real estate and robotics.
Stock Records: Significant holdings in Midea Group (SZSE: 000333)
Business Interests:
Primary Business: Home appliances and consumer electronics.
Known Current and Past Board of Directors Positions:
Chairman and Director at Midea Group
Other Ventures:
KUKA AG (German robotics company)
Various real estate investments.
Leadership Style and Business Philosophy:
Leadership Approach: Pragmatic, visionary, and innovation-driven.
Business Philosophy: Focus on quality, innovation, and strategic global expansion.
Philanthropy and Social Contributions:
Charitable Donations:
Known for significant contributions to education and disaster relief in China.
Foundations and Initiatives:
Involved in various charitable activities through the Midea Group Foundation.
Philanthropic Goals: Improve education and living standards in rural China.
Environmental Stewardship: Emphasis on sustainable manufacturing practices.
CSR: Active in corporate social responsibility through Midea Group’s various initiatives.
Lifestyle and Interests:
Main Residence: Shunde, Guangdong, China.
Personal Values: Humility, innovation, and community development.
Hobbies and Interests: Maintaining a low profile; interests not widely publicized.
Social Circles: Primarily business and industry leaders within China.
Membership in Private Clubs and Social Organizations:
Specific memberships are not widely publicized.
Associates:
Business Connections:
Paul Fang: Chairman and CEO of Midea Group.
Andy Gu: Vice President of Midea Group.
Jianfeng He: Son, involved in family business operations.
Liu Ping: CFO of Midea Group.
Wang Jia: Director of Midea Group.
Dr. Till Reuter: Former CEO of KUKA AG.
Qian Hu: Senior executive at Midea.
Ren Zhengfei: Founder of Huawei, business acquaintance.
Lei Jun: Founder of Xiaomi, strategic partner.
Ma Huateng: Founder of Tencent, business associate.
Personal Connections:
He Jianfeng: Son, closely involved in family business.
Zhang Ruimin: CEO of Haier, industry peer.
William Ding: Founder of NetEase, personal acquaintance.
Ma Mingzhe: Chairman of Ping An Insurance, personal friend.
Jack Ma: Founder of Alibaba, professional acquaintance.
Xu Jiayin: Chairman of Evergrande, social acquaintance.
Li Ka-shing: Hong Kong business magnate, mentor.
Guo Guangchang: Chairman of Fosun International, business peer.
Zhong Shanshan: Chairman of Nongfu Spring, industry peer.
Li Shufu: Founder of Geely, business acquaintance.
Political and Social Influence:
Political Affiliations: Maintains a low political profile but supports pro-business policies.
Advocacy: Advocates for technological innovation and manufacturing excellence in China.
Significant Political Statements: Generally supports China’s economic reforms and policies.
Future Plans and Projects:
Upcoming Ventures: Continued expansion in robotics and smart home technologies.
Forecasts: Expected to maintain leadership in the home appliance and robotics industries.
Legacy: Known for transforming a small workshop into a global manufacturing giant.
Available Data on Possessions:
Yachts: No public records of yacht ownership.
Private Jets: Gulfstream G550
Cars: Prefers luxury cars, specifics not widely disclosed.
Art: He is a noted art collector and founded the He Art Museum, a privately funded non-profit museum designed by Pritzker Prize winner Tadao Ando. Museum Collection Exhibition – including Chinese and international contemporary and modern artworks:
Alexander Calder
Pablo Picasso
Gao Jianfu
Anish Kapoor
Chang Dai Chien
Roxy Paine
Bernar Venet
Tadao Ando
Real Estate and Residences: Properties in Guangdong and other locations, specifics not widely publicized.
Collectables: Not widely known for collectible items.
Expensive Accessories: Maintains a low-profile lifestyle, limited public information on luxury accessories.
Public Persona and Influence:
Media Presence: Low-profile, primarily business-related mentions.
Public Speaking: Rarely participates in public speaking engagements.
Public Appearances:
Annual general meetings of Midea Group.
Industry conferences.
Philanthropic events.
Business forums.
Community development events.
Industry award ceremonies.
Recognition and Awards:
Featured in Forbes' list of billionaires.
Various industry accolades for contributions to manufacturing and innovation.
Future Plans and Projects:
Upcoming Ventures: Focus on expanding Midea’s global footprint and technological advancements.
Forecasts: Expected to continue influencing the home appliance and robotics sectors.
Legacy: Remembered for his significant contributions to the manufacturing industry and philanthropic efforts.
Political and Social Influence:
Political Affiliations: Supports pro-business policies.
Advocacy: Advocates for technological innovation and sustainable manufacturing.
Significant Political Statements: Supports China's economic reforms and policies.
Other Information:
Unique Contributions: Significant impact on the global home appliance market and notable philanthropic contributions.
Media Search Results for He Xiangjian
There is a biographical book that mention He Xiangjian:
"Midea Legend-From 5000 RMB to 100 Billion Electronic Kingdom (Chinese Edition)" by Tan Kai Qiang. This book details He Xiangjian's journey from founding Midea with just 5000 RMB to creating a billion-dollar enterprise.
Controversies and Legal Issues
Controversies
He Xiangjian has largely maintained a low-profile lifestyle, which has helped him avoid many public controversies. However, his company, Midea, has faced scrutiny and criticism typical of large corporations, such as labor practices and market competition issues.
Legal Issues
There are no significant criminal or court records involving He Xiangjian personally. However, Midea Group has occasionally faced regulatory scrutiny and legal challenges typical of large multinational corporations.
Scandals
In June 2020, He Xiangjian was involved in a dramatic incident where he was nearly kidnapped. Assailants broke into his villa, but his son managed to escape and alert the police, who rescued He and arrested the suspects (Wikipedia) (International Finance).
Allegations
There have been no major allegations against He Xiangjian personally. The primary focus has been on business operations and practices of Midea Group, which include common industry allegations such as unfair competition and labor issues.
Criticisms
Critics have sometimes targeted Midea Group for its aggressive expansion and acquisition strategies, which include buying stakes in companies like Toshiba's home appliances arm and German robot firm Kuka (International Finance).
Public Conflicts
He Xiangjian has not been involved in notable public conflicts. His management style and business practices have kept him relatively insulated from public disputes.
Curious Information
Little-known Biography Facts
He Xiangjian founded Midea in 1968 with just 5000 RMB, gathered from 23 villagers.
He is an avid art collector and founded the He Art Museum, which was designed by Pritzker Prize winner Tadao Ando (Wikipedia) (Vyapaar Jagat).
Unusual Experience
He Xiangjian’s near-kidnapping incident in 2020 was highly unusual and garnered significant media attention, highlighting the potential risks faced by high-profile billionaires in China (Wikipedia) (International Finance).
Gossip and Rumors
There is limited gossip or rumors about He Xiangjian, as he maintains a private life and focuses on his business endeavors.
Mentions in Conspiracy Theories
He Xiangjian is not commonly mentioned in conspiracy theories. His public image remains primarily associated with his entrepreneurial success and contributions to the home appliance industry.
Emotional State and Mood
He Xiangjian, the co-founder of Midea Group, generally exhibits a composed and resilient emotional state. Given his background and the growth trajectory of Midea, his predominant emotions appear to be confidence and determination. He maintains a stable mood, with fluctuations being minimal even during challenging times, such as the attempted kidnapping incident in 2020. Despite such adversities, he has shown a remarkable ability to maintain calm and control (Wikipedia).
Personality Traits
He Xiangjian displays key personality traits such as conscientiousness, introversion, and resilience. His conscientious nature is evident in his meticulous approach to business and strategic decision-making that has driven Midea to become a global powerhouse. Despite his significant influence, He maintains a low public profile, indicative of his introverted tendencies. His resilience is particularly notable, having overcome numerous challenges, including navigating the company's growth through various market conditions (Wikipedia) (FT Commercial).
Stress Levels and Coping Mechanisms
Given his leadership position in a highly competitive industry, He Xiangjian likely experiences considerable stress. His ability to manage stress effectively is demonstrated by his strategic foresight and problem-solving capabilities. For instance, after the attempted kidnapping, his quick and composed response, along with his son's decisive actions, underscores his effective stress management and reliance on a strong support network. His involvement in art collection and establishing the He Art Museum also serves as a therapeutic outlet and a means of stress relief (Wikipedia).
Self-Esteem and Self-Concept
He's self-esteem appears to be high, supported by his substantial achievements and the respect he commands in the industry. He sees himself as a capable and influential leader, a perception reinforced by his successful management of Midea and his strategic expansions. His self-concept is closely tied to his identity as a successful entrepreneur and a cultural patron, evident in his significant contributions to the art world (Wikipedia).
Interpersonal Relationships
He Xiangjian maintains strong professional and personal relationships. His leadership style fosters loyalty and respect among his employees and business partners. He also values his family relationships, as seen in his close-knit family structure and his son's active role in business and during the crisis situations. This strong family and professional support network contributes significantly to his emotional and psychological stability (Wikipedia).
Behavioral Patterns
He's behavior is characterized by disciplined and goal-oriented actions. His business practices show a pattern of calculated risk-taking and meticulous execution, which has been crucial in expanding Midea’s capabilities and market reach. His consistent involvement in both business and cultural initiatives indicates a structured and purpose-driven lifestyle. There are no public indications of maladaptive behaviors, suggesting a well-regulated approach to both business and personal life (FT Commercial).
Psychological Well-being
Overall, He Xiangjian’s psychological well-being appears robust. His ability to handle significant challenges while maintaining a positive outlook contributes to high life satisfaction. Despite the pressures associated with his roles, there are no signs of significant mental health issues, indicating a stable psychological state and a positive perspective on his professional and personal life (Wikipedia).
Cognitive Functioning
He Xiangjian’s cognitive abilities are exceptional, evidenced by his strategic thinking and problem-solving skills. His successful navigation of complex business environments and anticipation of industry trends showcase strong memory, attention, and analytical capabilities. His innovative approach to business management and market expansion reflects a sharp and strategic mind (FT Commercial).
Past Experiences and Trauma
He's experiences, including his rise in the manufacturing industry and the challenges faced along the way, have shaped his resilient and strategic nature. The attempted kidnapping incident in 2020 was a significant traumatic event, but his effective handling of the situation highlights his robust coping mechanisms and focus on long-term objectives (Wikipedia).
Motivations and Goals
He is driven by a desire to innovate and lead in the manufacturing industry. His personal goals include expanding Midea’s global influence and continuing to support cultural initiatives through the He Art Museum. Both intrinsic motivations, such as personal fulfillment from business success, and extrinsic motivators, like financial gain and industry recognition, drive his actions (Wikipedia) (FT Commercial).
Physical Health and Its Impact
There is limited public information on He's physical health, but his active involvement in professional and cultural activities suggests he maintains good physical well-being. His physical health supports his ability to manage his responsibilities effectively, contributing to his overall psychological resilience (Wikipedia).
Conclusion
He Xiangjian’s psycho-emotional profile portrays him as a resilient, conscientious, and strategic leader. His strong self-concept, effective stress management, and robust psychological well-being enable his continuous success in the manufacturing industry. His personality traits, cognitive abilities, and motivations align to create a profile of a highly driven and impactful figure in the global business landscape.
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