Huang Maoru Net Worth $1 Billion
Huang Maoru is the Chairman of Maoye International Holdings having an estimated net worth of $1 billion as of March 2013. It was successfully listed in the Hong Kong Stock Exchange on May 5, 2008. With his estimated net worth of $1 billion, Maoru is the wealthiest man in Belize and 1342nd in the world according to Forbes. The shares of Maoye have dropped in value because of the concerns about the financial equilibrium in Hong Kong. Nevertheless, its shares have climbed back since the fall of 2012. In addition, it’s managed to develop exponentially as well as the entire sales from various locations have grown by over 50%. In 2011, its shops have brought in $532 million which resulted to some gain of $102 million. This was an 11% increase when compared with the previous year.
Maoye International is a significant investor in China-listed Bohai Logistics. A year ago, it’s got a minority stake in Dashang, a domestically listed retailer. Maoru’s wife, Huang Jingzhang, is also the co-over of Maoye International who stepped down as Director in 2010. Huang Maoru is the CEO because the business was established in 1996.