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How is it now?

He was in jail for 14 years and still ranked among the richest people. Not only did his wife not leave, but she also rebuilt an empire worth hundreds of billions!

How is it now?

This man was sentenced to 14 years. While in prison, his net worth skyrocketed and he became the richest man in China. Is it difficult to become the richest man in China just because he married this woman?

It is difficult, but there is a person who is serving his sentence in prison, which does not affect him from becoming the richest man in China. This person is Huang Guangyu, the founder of Gome Electric Appliances.

Huang Guangyu was arrested by the public security organs in October 2008 and sentenced to 14 years in prison in 2010. However, being in prison did not affect Huang Guangyu's becoming the richest man in China. The biggest reason was that he married a good wife.

Huang Guangyu founded Gome Electrical Appliances Hypermarket in Beijing in 1992. Later, Huang Guangyu saw the future of this sales model, so he expanded a large number of his own stores in Beijing and started chain operations.

After two or three years of development, Gome already has hundreds of stores, and Huang Guangyu also made a fortune with Gome.

In 2004, Gome went public through a backdoor listing in Hong Kong, and Huang Guangyu entered the capital market. His net worth soared to tens of billions, making him the veritable richest man in China, which can be said to be the pinnacle of his life.

But in 2008, Huang Guangyu began to decline. He and his brother Huang Junqin were investigated by judicial authorities for illegal loans, and his wife Du Juan was also arrested.

The matter was not pronounced until 2010. Huang Guangyu was sentenced to 14 years in prison, and his wife Du Juan was sentenced to three years of probation and was released in court. This official verdict allowed Huang Guangyu to once again take control of Gome, and his net worth skyrocketed again.

2010-2011 was a period of internal strife for control within Gome.

Before Huang Guangyu served his sentence, Gome acquired Chen Xiao's Yongle Electrical Appliances. After Huang Guangyu joined, Chen Xiao became the CEO of Gome. When Gome was short of funds, Chen Xiao introduced American Bass Capital and wanted to join forces with Bass Capital.

Expelling Huang Guangyu from Gome is something Huang Guangyu is extremely unwilling to see.

In order to retain the control of the Huang family in Gome, Huang Guangyu once tried to bring his lawyer, his sister and others into the decision-making level of Gome, but they all ended in failure. Just when Huang Guangyu was desperate, his wife Du Juan stood up.

On the one hand, Du Juan negotiated with Bass Capital, and on the other hand, he used personal connections to increase the number of Huang family members on the board of directors. After giving Bass Capital a promise of benefits, Bass Capital promised not to reorganize the board of directors.

Later, Huang Guangyu purchased a large amount of Gome Electrical Appliances shares, making his shareholding account for 36%.

Chen Xiao later resigned and fled to the United States, and the internal strife ended.

After the battle for control ended, Gome was taken over by Du Juan, and its business began to be reorganized. Coincidentally, at this time, Du Juan's 8.3 billion assets in Hong Kong were also unfrozen, which was like rain, bringing the current flow to Gome.

In 2011, Gome went from a loss of 600 million to a profit of 800 million. Until now, Du Juan is the actual leader of Gome, and Gome's sales have also skyrocketed from 800 million to the current 68.4 billion.