Xu Hang

In this Chinese name, the family name is Xu.

Xu Hang 徐航
Born	1967 (age 56–57) Guangzhou, Guangdong, China
Nationality	Chinese
Alma mater	Tsinghua University (BA, MA) China Europe International Business School (EMBA)
Occupations	Entrepreneur philanthropist
Years active	1991–present
Title	Co-founder and co-CEO of Mindray

Xu Hang (born 1967) is a Chinese billionaire business magnate. He is the co-founder and co-CEO of the Shenzhen-based multinational medical instrumentation manufacturer Mindray Medical International.[1]

Xu Hang holds a BA degree from Tsinghua University. Later he did his MA in biomedical engineering at the Department of Electrical Engineering of Tsinghua. After graduation, Xu became famous for inventing China's first domestic color B-ultrasound machine, for which he even won the National Progress Award. In 1991, he became one of the founders of Mindray, together with Li Xiting and Cheng Minghe (成明和), which soon became the nation's largest high-tech medical equipment manufacturer. In 2001, Xu also established Pengrui Investment Group Co., Ltd which focuses on high-tech environmental protection, real estate and ecotourism project development.[2][3] In 2012, he resigned from the co-CEO position of Minday but continued serving as the chairman of the company.[4]

Xu made Forbes magazine's 2022 The World's Billionaires list with an estimated wealth of US$16.1 billion and occupied the 113th position in the world.[1]

In 2023 and 2024 major home sales in Beverly Hills, Hong Kong, Newport Beach, and New York City were linked to him.[5]

References

1. "Xu Hang". Forbes. Retrieved 2022-04-17.
2. "Hang Xu". Council on Tall Buildings and Urban Habitat. Retrieved 2022-04-17.
3. "Relying on research and development to become a billionaire, the United States and Europe are rushing to buy, helping China break the monopoly of three major parts". Min News. Retrieved 2022-04-17.
4. "Mindray Medical's Mr. Xu Hang Has Resigned From Co-CEO". BioSpace. 2012-11-06. Retrieved 2022-04-17.
5. McClain, James (2024-04-16). "A Chinese Billionaire Just Spent More Than $250 Million on Lavish Mansions Spanning Half the Globe". Robb Report. Retrieved 2024-04-19.