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Huang Wei – Billionaire

Huang Wei (Chinese: 黃維; 1904–1989) was a Chinese Nationalist military general who fought in the Encirclement Campaigns, Second Sino-Japanese War and Chinese Civil War.

Early life and career

Huang was born into a rural intellectual family in Guixi, Jiangxi province in 1904. With the help of local friends and townsmen he was admitted to the elite Whampoa Military Academy. He was loyal, dutiful and brave in battle and caught the attention of Chen Cheng, his superior and senior military instructor who introduced him to Generalissimo Chiang Kai-shek. By the end of 1927, he was promoted to regimental commander of the 9th corps, in 1928 he was reassigned as regimental colonel of the 11th division, which Chen Cheng was the commander. In 1928 he was enrolled in the Army War College and after graduation he was promoted to 32nd brigade commander in the 11th division, now as part of the 18th corps, again Chen Cheng was the Corps superior general officer.

In 1933 he went to Germany to study and returned to China in 1937, while in his absence he was promoted to commander of the 11th division in 1934. In September 1937, he led the 67th division of the 18th corps in the Battle of Shanghai against the Imperial Japanese Army. In 1938 he was promoted to Corps commander of 18th corps and elevated to the rank of lieutenant general next year. In 1940 he was assigned as commander of the 54th corps and defense commander of Kunming, Yunnan province. Over next several years, he was assigned to a series important positions in the National Military Council and army training department. In 1945 he became commander of 31st army and deputy head of the logistical department. In 1948 he was made commandant of the newly established officer candidate school and headed the 12th army.

Summary

Huang Wei
黃維
Nickname(s) The Bookworm, The nerd
Born February 28, 1904
Guixi, Jiangxi
Died March 30, 1989
Beijing
Allegiance Flag of the Republic of China Republic of China
Rank Lieutenant General
Unit 11th division
Commands held 18th corps, 12th army
Battles/wars Battle of Shanghai, Battle of Wuhan, Huaihai Campaign
Awards Order of Precious Tripod, Order of Cloud and Banner
Other work inventor and writer

Huang Wei is the chairman of Xinhu Zhongbao and he has an estimated net worth of $2.3 billion as of April 2016 according to Forbes. Considered one of China’s most successful real estate developers, he is the 27th richest person in China and 554th in the world.

Mr.Huang Wei has accumulated his estimated net worth of $2.6 billion with his control of the real estate and investment company through Zhejiang Xinhu Group, his main holding company. The firm is headquartered in the eastern Chinese city of Hangzhou. It has more than 30 real estate projects under development in about 20-plus cities. It is a shareholder in financial services firms such as Shengjing Bank, Chengdu Rural Commercial Bank, Xiangcai Securities and Xinhu Futures.

In January 2011, Xinhu Zhongbao announced that it would form a 70%-owned joint venture movie and television production company in partnership with the well-known Chinese film industry figures Hu Mei and He Yanjiang. It continues to expand its real estate investments in southern China. In February 2010, it bought for $200 million the 35% of Times Group, a Guangzhou real estate company.

Huang Wei’s net worth continues to grow. In the past year, his earnings was up by more than $600 million based on an improved real estate market and better overall economic conditions as it approaches 2013. In the recent months, he cut-off his stake in the holding company from 68%to 64%. Between September and December of last year, he has sold $161 million worth of shares. His firm announced a plan to buy 34% of the Northwest Mineral Group for $121 million as part of his move to engage in the mining industry.

Source:

  1. wikipedia
  2. therichest

 

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