Zhang Hejun

Source of wealth: Electronics

74 years male Manufacturing 🇨🇳 CN

Net Worth

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Earnings per second

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The scale of their wealth

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Health

The price of life

Let's compare Zhang Hejun's fortune with the healthcare spending of a massive country

Zhang Hejun could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 5.6 years.

But even if we compare their fortune with that of a rich country

On the other end, Zhang Hejun could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 2.5 years.

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Education

Buying the future

Let's also compare their fortune with education spending, first with a poor country

Zhang Hejun could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 3.7 years.

And yes, we can also compare it with a rich country

But they couldn't just cover the cost of a poor country; Luxembourg is considered the country with the highest per capita investment in education in the world, and Zhang Hejun could pay for it entirely for 5.0 years.

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Research

The monopoly on progress

Coming full circle, we think it's also interesting to add another gigantic country

Zhang Hejun could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 20.9 years.

And of course, the country that invests the most per capita worldwide

But even if we compare the total wealth of Zhang Hejun with Israel, the country that invests the most per capita in research in the world, they could cover the total cost of the system for 0.5 years.

While billions of people struggle to access basic healthcare, education, and research, a single individual could fund entire national systems for centuries.

Gold

Everyday luxuries

Zhang Hejun's fortune is equivalent to 85 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.

A standard gold ring usually weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18 karats.

Based on today's gold price (excluding the jeweler's commission, shipping, or anything else), that ring would be worth $546.86.

Zhang Hejun could buy 22,702,496 gold rings. That's a lot of fingers and way too many gifts!!

And if you're struggling to visualize that many rings, it would take 4 trucks to transport them. Although Zhang Hejun will almost certainly have enough money left over to pay for the gas.

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Biography

Zhang Hejun is the chairman of Ningbo Deye Technology, a supplier of products ranging from inverters to solar air conditioners and water pump controllers.

Zhang founded Deye in the eastern Chinese city of Ningbo in 1990. It went public on the Shanghai Stock Exchange in 2021 and has over 6,000 employees today.

Deye's business partners include Midea, Haier, TCL and AUX.

Zhang's son Dongye serves as company vice chairman and CEO; older son Dongbin is a director.