Yu Huijiao

From Wikipedia - Reading time: 3 min

Yu Huijiao
NationalityPeople's Republic of China
OccupationChairman
EmployerShanghai YTO Express
Spouse(s)Chinese: 张小娟; pinyin: Zhāng Xiǎojuān

Yu Huijiao (Chinese: 喻会蛟; pinyin: Yù Huìjiāo) is the founder and chairman of YTO Express (Chinese: 圆通快递), a Chinese express courier service.

Career

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After the failure of his architecture firm, Yu founded a courier service to help pay his bankruptcy bills. Initially, he and his wife had 15 employees who delivered packages by bicycle in Tonglu County, near Hangzhou. As of 2017, YTO Express employs over 22 thousand people across mainland China and Hong Kong, with an annual net income of 1.4 billion RMB (~US$213 million). Yu remains chairman of the company.[1][2][3]

According to Forbes, Yu is personally worth US$3.4 billion as of 2017; however, the combined wealth of his immediate family is US$7.5 billion.[4][5] Forbes listed Yu's wife, Zhang Xiaojuan (Chinese: 张小娟), as the 12th richest self-made female billionaire in the world.[6]

References

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  1. ^ Wildau, Gabriel; Ma, Nan (14 April 2017). "How one Chinese rural county spawned four courier empires". Financial Times. Retrieved 2017-10-16.
  2. ^ Guest, Forbes. "Delivered to Riches: Yu Huijiao Makes China's Top 20 With YTO Express". Forbes. Retrieved 2017-10-16.
  3. ^ "YTO Express Group Co Ltd, 600233:SHH profile - FT.com". markets.ft.com. Retrieved 2017-10-16.
  4. ^ Schuman, Michael. "Yu Huijiao & family, $7.5 billion - pg.13". Forbes. Retrieved 2017-10-16.
  5. ^ "Yu Huijiao". Forbes. Retrieved 2017-10-14.
  6. ^ Sorvino, Chloe. "The World's 56 Self-Made Women Billionaires: The Definitive Ranking". Forbes. Retrieved 2017-10-17.

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