About Gu Xiaoqing
During a funding round in April 2022, the Chinese fashion retailer Shein Group was valued at $100 billion. Gu is a major shareholder in the company. The online retailer, which was established in Nanjing, China, in 2008, was the largest fast-fashion company in the US market by 2022. In 2022, Shein Group made $22.7 billion in revenue.
Gu Xiaoqing Career
In 1983, Xu Yangtian was born in the eastern province of Shandong in China. He worked for a short time in an online marketing company to help increase website search traffic after studying international trade in college.
In 2008, he founded his first online business with two partners. He started a business selling accessories and clothing for women, which didn’t do well, but it got him in touch with the people who helped him build Shein.
When he founded Shein in Nanjing in 2012, he was joined by eventual billionaires Miao, Gu, and Ren. In 2018, Shein was valued at $2.5 billion, and the following year, it doubled. By April 2022, the company was worth $100 billion, with sales of $16 billion in 2021.
Gu Xiaoqing Facts
During a funding round held in April 2022, Shein was valued at $100 billion. After 90 days the organisation was esteemed at $70 billion in confidential exchanges, as per a Bloomberg News report. Reports in the media in March 2023 suggested that the company was close to securing funding at a valuation of $64 billion. The $70 billion figure is utilised in this examination.
Gu Xiaoqing Net Worth
Gu Xiaoqing’s net worth was estimated to be around $40 billion USD, as of 2023, making him a billionaire businessman.
Personal Information
| Full Name | Gu Xiaoqing |
| Father’s Name | Not mention |
| Mother’s Name | Not Mention |
| Siblings | Not Mention |
| Date Of Birth | In 1983 |
| Birth Place | Shandong, China |
| Age | 40 Years |
| Height | Not Mention |
| Education | Graduate |
| Net Worth | $40 Billion |
| Profession | Founder of Shien |
| Relationship Status | Married |
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