Xue Xiangdong is a Chinese businessman who shares a net worth of $1.9 billion with his family. Xue Xiangdong entered the billionaire circles as a chairman of DHC Software. It is a software developer which boasts such clients as state-controlled businesses Agricultural Bank Of China, China Development Bank and China Life Insurance.
As for the company’s business partners, they include IBM, HP and Cisco. In August 2013, DHC raised $163.4 million in a convertible bond sale in order to pay for new projects. The main drive force that made its shares double in the past year was investors’ optimism about its growth prospects. Xue Xiangdong, a self-made billionaire, shares his wealth with his wife and son.
| Net Worth: | $1.9 Billion |