Cheng Xue Net Worth

He is the Vice Chairman of Foshan Haitian Flavoring, a soy sauce maker based in Foshan, China. Cheng Xue is one of two top executives from the company to make this year's list, demonstrating his success in the business world.
Cheng Xue is a member of Food and Beverage

Age, Biography and Wiki

Birth Place Foshan, China, China

💰 Net worth: $5.2 Billion (2024)

Cheng Xue, a prominent figure in the Food and Beverage industry in China, is expected to have a staggering net worth of $5.2 billion by 2024. With a strong entrepreneurial spirit and a deep understanding of the Chinese market, Cheng Xue has successfully built a name for herself as an influential and accomplished businesswoman. Through her strategic investments and innovative ventures, she has amassed a significant fortune within a relatively short span of time. Cheng Xue's exceptional success in the Food and Beverage industry demonstrates her ability to adapt to changing consumer demands and capitalize on emerging trends, cementing her position as a leading figure in the industry.

2015 $1.05 Billion
2016 $1.1 Billion
2017 $1.1 Billion
2018 $2.24 Billion

Some Cheng Xue images

Biography/Timeline

1862

Zeng Guofan had been encouraged by Cheng:“You could learn from Zhang GuoLiang, who defended the Jiangnan bravely before he died. Go ahead!” This reportedly inspired Cheng to adopt the tactic of attacking whenever and wherever possible. He was promoted to Lieutenant General in October 1862 (defended Shanghai, see Battle of Shanghai (1861)), and he created the first Chinese rifle troop in September 1862. He retook the cities of Taicang, Kunshan, Wujiang and was promoted to Captain General in May 1863. He also formed the first modern Chinese artillery unit. Cheng Xuechi was awarded a first class merit medal for retaking Jiangsu and 20 cities and defending Shanghai twice in two years. Li Hongzhang reported to Tongzhi Emperor.

1864

In 1864, after laying siege to the city of Jiaxing for a month, he decided to find a way to end the siege. By utilizing thousands of kilograms of explosives, a breach was opened in the walls. He ordered his troops to immediately storm the city through the breach. As he led the charge up the ruined walls, a bullet struck him in the head. It was said that even after being shot he continued the charge. However, after a week he died from his wounds. It was reported that he was content with his approaching death, finally being able to join his wife and sons in the afterlife (his family had been killed four years earlier by Taiping rebels). When Li Hongzhang reported to the Tongzhi Emperor that Cheng had died, both men began to weep.