What is Sheng Baijiao's Net Worth?
Sheng Baijiao, a prominent Chinese businessman, has a notable net worth of $780 million. As the Chief Executive Officer and Executive Director of Belle International Holdings Limited, he leads the top women's shoe retailer in China, commanding a 22% market share domestically. Belle International specializes in the manufacturing, distribution, and retail sale of a wide array of footwear products.
Professional Journey
Sheng Baijiao's ascent in the business world is marked by significant roles and achievements. He has been the Acting Chairman of Belle International Holdings Limited since April 25, 2011, bringing a wealth of experience spanning over two decades in the footwear manufacturing industry. He became part of Belle International Group in 1991 and has since played a crucial role in the company’s growth and success.
Leadership at Staccato
In 1998, Baijiao spearheaded the establishment of Staccato (HK), focusing on high-level strategic planning and managing retail sales of ladies' footwear products. His strategic vision has been instrumental in positioning Staccato as a leading brand in the market.
Previous Experience
Before his tenure at Belle Group, Baijiao contributed his expertise to the China Merchants Shekou Industrial Zone Light & Textile Industries Development Company. His career also includes roles as General Manager and Deputy General Manager in various other companies, demonstrating his versatile leadership skills.
Industry Influence
Aside from his corporate roles, Sheng Baijiao serves as the Chairman of the Shenzhen Leather and Shoes Association and Vice Chairman of the China Leather Industry Association. These positions underscore his influence and authority within the industry.
Current Directorships
Since 1994, Baijiao has been a Director at Lai Kong Footwear, further solidifying his footprint in the industry. He also holds the role of Executive Director at Mirabell International Holdings Ltd., showcasing his extensive involvement in the footwear and leather sectors.