Businesspersons

Jacky Xu Net Worth

Jacky Xu Net Worth is
$1.6 Billion

Jacky Xu Biography

Jacky Xu net worthy of: Jacky Xu is certainly a Singaporean businessman who includes a net worthy of of $1.6 billion dollars. A Chinese debutante, Jacky Xu is certainly a citizen of St. Kitts and Nevis. Set up in 1999 alongside his wife Shanhu Li, Trendy International quickly obtained traction within China’s booming economy, presently operating over 2,000 outlets and preserving a presence generally in most major purchasing centres. Trendy Global oversees Trendiano, a retail chain concentrating on high-end Italian fashions mainly for guys; Ochirly, a women’s clothes store; Jacky Xu, the dog owner and founder of Trendy Global, is among the most successful business owners today. In 2012 L Capital, LVMH’s private collateral fund, acquired a ten percent stake in Trendy International for $200 million, among the largest investments created by a international group within the Chinese marketplace. Buying into the well-known Asian retail chain can be an try to repeat the achievement attained by Hermes and their Asian style brand Shang Xia. He gained his fortune from his Trendy Global clothes business which runs several profitable and effective retail style chains including Five Orchirly, Trendiano and Plus. The brand is wishing to list on either the brand new York or Hong Kong Share Exchanges next couple of years. $1.6 Billion: Shown between the top 100 of China’s Rich List in 2012, co-founder and ceo of Trendy International Group Jacky Xu oversees the functions of leading Chinese female fashion brands Ochirly and Five As well as, in addition to menswear label Trendiano and children’s label Like Ysabel. She founded the successful Chinese clothes group, Trendy Global. LVMH, also referred to as Moet Hennessy Louis Vuitton SA, purchased a 20% stake in Ochirly in 2011 through their personal investment company, L Capital Asia. Within the expansion programs with L Capital, Xu entered right into a jv with Italian fashion firm Sixty Group to obtain the functions of the Miss Sixty, Killah and Energie brands within the Asia-Pacific area.In January 2013 the group also announced collaboration with luxury Italian retailer 10 Corso Como in opening their first shop in Shanghai in past due 2013. Ahead of launching Trendy International Group, Xu, a recognised store, previously founded Vipshop an on the web outlet store located in Guangzhou and committed to a wine firm alongside Chinese internet mogul William Ding. and Five As well as, a fashion, components, and luxury items brand. The purchase was valued at around $200 million dollars. This past year, there have been reports stating that 20% of Trendy’s stake was marketed to LCapital, which can be an expenditure arm of LVMH led by a French billionaire, Bernard Arnault.


Known for movies

Quick Facts

Full NameJacky Xu
Net Worth$1.6 Billion
Date Of BirthSeptember 22, 1984


Filmography

Actress

TitleYearStatusCharacter
Tao chu sheng tian 2013
Wo lao gong m sheng xing 2012 Fiancee Kitty (as Jackie Xu)
Ai qing gong yu 2011 TV Series Bar waitress / Girl No.7
Source
IMDB
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