Xu Shihui

$7.94B

as of 07/05/24

About Xu Shihui

Xu Shihui chairs Chinese snack and beverage maker Dali Foods Group.

Xu started out in the cookie business and took the food empire public in 2015. Today it is best known for its Copico potato chips, Heqizheng herbal tea and Haochidian soda crackers.

Citing reasons including unsatisfactory share performance, Xu proposed to take Hong Kong-listed Dali private in July 2023, in a deal that values it at $6.6 billion.

Xu's daughter Xu Yangyang is a Dali vice president and executive director.

Personal stats

Citizenship

People's Republic of China

Source of wealth

Snacks, beverages

Residence

Quanzhou, People's Republic of China

Marital status

Married

Birth date

01/01/58 (age 66)

Number of children

Self-made

self-made

Xu Shihui’s fortune is worth

132K

troy ounces of gold

122K

median U.S. household

79K

median U.S. income

0.159%

U.S. credit card volume

0.032%

GDP of the United States

0.023%

United States debt

Net worth history

Annual ranking

Did you know?

Xu is the son of a laborer who worked at Dali when it was a collective and amassed shares by turning the business around.