Gong Hongjia (born 1965), also known by his official transliteration in Hong Kong as Kung Hung Ka, is a Chinese billionaire businessman who has been granted permanent residency in Hong Kong.
He serves as vice chairman and the second-largest shareholder in the security equipment manufacturer Hikvision. With a net worth of $14.4 billion, he was placed 15 on the Forbes 2017 China Rich List and 144 on the 2021 Forbes billionaires list.
Gong Hongjia Bio/Wiki
|Birth Name||Kung Hung Ka|
|Nick Name||Gong Hongjia|
|Age||57 years (as in 2022)|
|Sun Sign/Zodiac Sign||Sagittarius|
|Date of Birth||1965|
|Mother's Name||Not Known|
|Father's Name||Not Known|
Marital Status, Wife and Children
|Children||2 Daughters (Names Unknown)|
|College/University||Huazhong University of Technology|
Height, Weight, and Figure Measurements
|Height (Approx.)||162 cm (as in 2022)|
|Weight (Approx.)||71 kgs (as in 2022)|
Extra Ordinary Features
|Race / Ethnicity||Asian|
|Favourite Food||Chinese Cuisine|
Gong Hongjia Early Life and Education
The Eastern Chinese province of Zhejiang is where Gong Hongjia was born in 1965. He favoured literature over science and technology when he was in school. In 1986, he earned a degree in computer science from Huazhong University of Science & Technology (HUST). He met Chen Chunmei, the woman he would marry, in college.
After receiving his degree, Gong Hongjia sold electronics in Guangzhou, southern China, and Hong Kong. The biggest radio manufacturer in China at the time, Tecsun Radio, was cofounded in 1994 by Gong Hongjia. The company disrupted the Japanese market’s dominance by selling less expensive equipment to younger customers. Gong and his wife founded and invested in fifteen businesses, most of which are in the technology sector. In 1998, Gong transferred Dekang Technology to AsiaInfo.
Personal Life and Family
He is currently married and he has two children from the marriage. He is reportedly believed to reside in Hong Kong along with his family.
He is the creator and previous owner of the smart card and securities company Watchdata, as well as the radio manufacturer Tecsun. Gong’s first business, Tecsun, was founded in 1994. Today, it is China’s top producer of AM, FM, and short wave radios.
In 2005, Watchdata withdrew from its planned Nasdaq initial public offering, apparently due to differences between the firm and the underwriter. Gong Hongjia sold electronics in Guangzhou, southern China, and Hong Kong after receiving his degree. The biggest radio manufacturer in China at the time, Tecsun Radio, was cofounded in 1994 by Gong Hongjia
The company disrupted the Japanese market’s dominance by selling less expensive equipment to younger customers. Gong and his wife founded and invested in fifteen businesses, most of which are in the technology sector. In 1998, Gong transferred Dekang Technology to AsiaInfo.
Since 2004 Gong has served as the company’s director. Shanghai Fullhan Microelectronics Co. This business is a holding company that offers products and chips for video surveillance. It provides wireless cameras, image signal processor cameras, system solutions, system-on-chip, digital video recorders, and system-on-chip. Since 2002, Gong has served as the company’s chairman. Guangzhou Funinhand Electronic Technology Co.
It offers mobile streaming media apps and video compression. The Funinhand Platform, Funinhand Encoder, Fondoplayer, and Funinhand Share products are marketed. It provides solutions for mobile and multi-part video intercommunion, video email, MOD, and streaming media services. Gong established this business in China. Since 1992, while Hong Kong was still a British territory, the family has resided there.
Gong Hongjia Net Worth
The net worth of Gong Hongjia is $13.2 Billion as of 2022.
The majority of Gong’s wealth comes from his ownership of a share in the Chinese provider of video surveillance equipment Hangzhou Hikvision Digital Technology. According to its website, Hangzhou Hikvision Digital Technology is the leading seller of video surveillance devices worldwide.
According to the company’s 2021 third-quarter report, he owns 12 per cent of the business both personally and through Xinjiang Pukang Investment, which is managed to an extent of 80% by his wife Chen Chunmei. According to the filing, 16 per cent of the share is pledged and is not included in the net worth calculation.
Additionally, the pair owns stock in many privately owned technological firms, including Watchdata Technologies, a security software provider. The net worth computation excludes these investments because no financial information is provided.
Based on an examination of these proceeds, insider trades, taxes, and market performance, the worth of his cash interests are determined.
|Estimated Net Worth in 2022 (Approx)||$13.2 Billion|
|Estimated Net Worth in 2021 (Approx)||$14.4 Billion|
|Estimated Net Worth in 2020 (Approx)||$8 Billion|
|Annual Salary||$1 Billion|
How much is the net worth of Gong Hongjia?
His current net worth (as of 2022) is $13.2 Billion.
Who is Gong Hongjia wife?
He is married to Chen Chummei.
What is Gong Hongjia age?
He is 57 years old as of 2022.
What is the name of the Gong Hongjia firm?
He is the founder of Hikvision.