Xu Jiayin | |
---|---|
Native name | 许家印 |
Born | 1958 Taikang County, Zhoukou, Henan, China |
Residence | Guangzhou, Guangdong, China |
Nationality | Chinese |
Occupation | Founder and Chairman of Evergrande Real Estate Group |
Net worth | US$9.7 billion (August 2016) |
Children | 2 |
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. 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.
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)
According to Forbes, Xu has a net worth of US$10.1 billion, as of April 2016.
He is married with two children and lives in Guangzhou.