Chinese businessman Wong Kwong Yu has an estimated net worth of $1.32 billion as of May 2016 according to Forbes. He is known to be the founder and major shareholder at Gome Electrical Appliances. Currently, he is serving his 14-year jail sentence for committing several economic crimes.

In the first nine months of 2013, Gome Electrical Appliances was reduced by $123 million. Today, Bain Capital owns 11% of Gome.

Wong Kwong Yu is currently married and has two children.