Name
Xu Shihui
Xu Shihui
Quanzhou, China
China
Dali Foods Group
snacks, beverages, Self Made
$8,500,000,000
153
#153 Billionaires 2019
#16 China Rich List 2018
Xu Shihui chairs Chinese snack and beverage maker Dali Foods Group.Xu started out in the cookie business and then ended up acquiring 120 food brands.Dali went public in November 2015 on the Hong Kong Stock Exchange.Xu's daughter Xu Yangyang is a Dali vice president and executive director.
Xu works seven days a week and hopes his work style inspires other managers. (He met Forbes Asia in his office in 2016 during a national holiday.)Xu is the son of a laborer who worked at Dali when it was a collective and amassed shares by turning the business around.
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