Guo Wengui is a well-known fugitive Chinese billionaire, know his 2023 net worth
Find out more about his career, background, and much more.
Federal investigators on Wednesday detained wealthy Chinese refugee Guo Wengui and former White House strategist Steve Bannon in connection with a multibillion-dollar scam.
After establishing two NGOs in 2018, Guo Wengui reportedly defrauded hundreds of internet followers out of their money by purchasing opulent items, including a $36,000 mattress, a $26.5 million New Jersey house, and a $37 million boat.
Who is Chinese billionaire Guo Wengui, net worth in 2023, age, wife, daughter, son
The Federal Department said that the charities he founded promoted his alleged purpose, which was to criticize the Chinese Communist Party. Guo and a co-conspirator, Kin Ming Je, allegedly established a variety of corporate companies, including a media company, a lending program, and members-only luxury clubs, according to the indictment released on Wednesday in Manhattan federal court.
Since then, he has become the talk of the town, with many people trying to find out more about Guo Wengui. So, here’s what we know about him:
Who is Guo Wengui?
Guo Wengui is a well-known Chinese fugitive billionaire. He has been in the news because he was detained by federal investigators on charges of a multibillion-dollar scam.
He was born on May 10, 1970 (age 52) or October 5, 1968, in Shen County, Shandong, China. He has seven siblings. He is officially a Chinese citizen; however, he claims that he holds UAE nationality. Many people also know him as Guo Haoyun, Miles Guo, and Miles Kwok.
Guo Wengui is married, and his wife’s name is Yue Qingzhi. They are the parents of two children. His family is currently living in New York, USA. His son was his secretary and is named Guo Qiang.
He is 52 or 54 years old.
In August 2018, several Hong Kong media, such as Ming Pao and South China Morning Post reported that Hong Kong Police had frozen the assets of the Guo family, accused of money laundering under the name of Guo’s daughter Guo Mei and in March 2019, his mother died in China.
His career
Guo Wengui started his business career in Zhengzhou before relocating to Beijing to close a number of building transactions for the 2008 Summer Olympics in Beijing. In 2015, he relocated to the US. He gained notoriety in 2015 when a thorough investigation report by Hu Shuli’s controlled Caixin media was published.
He has been living in self-imposed exile in New York City since the beginning of 2017. He is a member of Mark’s Club in London’s Mayfair neighborhood as well as former US President Donald Trump’s Mar-a-Lago club in Florida.
Guo Wengui also began a campaign on his YouTube and Twitter accounts accusing Chinese authorities of corruption.
The net worth of Guo Wengui
Guo Fengui declared bankruptcy under Chapter 11 in February 2022. At the time, he disclosed that the current market value of his assets was between $50,000 and $100,000. Between $100 million and $500 million are his liabilities.
While Guo Wengui was known to be worth $1.1 billion in 2015, he filed for bankruptcy in February 2022.