Jiang Bin's Net Worth and Career
Jiang Bin is a notable Chinese entrepreneur with a net worth of $3.1 billion. Born in 1965, Bin achieved his fortune as the founder of GoerTek Inc, a leading producer and supplier of electronic components. Graduating from Beijing University of Aeronautics and Astronautics, he also holds an MBA from Tsinghua University. Alongside his wife Hu Shungmei, Bin launched GoerTek Inc in 2001.
Founding of GoerTek Inc.
Since its inception, GoerTek Inc has seen remarkable success, owing much to strategic partnerships with industry giants such as Sony, Lenovo, Apple, and Samsung. In 2013, GoerTek's shares more than doubled, boosting the company's revenue by a staggering 44% to $599 million.
Key Partnerships and Expansions
In December of the previous year, GoerTek entered a joint venture with South Korea-based Travice. This $3.2 million deal granted GoerTek an 80% stake in a factory to be established in Vietnam. Moreover, the company is expanding its research efforts in Qingdao.
Leadership Roles
Since 2007, Jiang Bin has served as the Chairman of GoerTek Inc. His wife, Hu Shungmei, holds the position of Deputy Manager, and his brother Jiang Long is the Vice Chairman.
Philanthropic Efforts
Beyond his corporate achievements, Jiang Bin is also committed to philanthropy. He established a charitable foundation focused on supporting employees' families and providing aid to disaster-stricken areas.