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# 473 Gao Dekang $5.36B

Random fact: Uses social media and pop-up stores to attract young customers.

Overview

Gao is the founder and chairman of Bosideng International Holdings, a maker of down jackets in China. The Shanghai-based company sells clothing to about 72 countries and had revenue of 16.2 billion yuan ($2.5 billion) in the year to March 31, 2022. The apparel maker is best known for its Bosideng-branded winter coats.

As of :
Last change +$109M ( +2.1%)
YTD change -$267M ( -4.8%)
Biggest asset 3998 HK Equity
Country / Region China
Age 70
Industry Consumer
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

Gao Dekang's net worth of $5.36B can buy ...

0
troy ounces of gold
0
barrels of crude oil

... and is equivalent to ...

0%
of the GDP of the United States
0%
of the total wealth of the 500 richest people in the world
0%
of the top 100 U.S. college endowments
0%
of the top 200 U.S. executives’ total awarded compensation
0%
of U.S. existing home sales
0
times the median U.S. household income

Latest News

Net Worth Summary

Cash
Private asset
Public asset
Misc. liabilities
Confidence rating:

The majority of Gao's net worth is derived from a 70% stake in Bosideng International Holdings, an apparel maker in China. The Shanghai-based business sells clothing to 72 countries around the world, according to its website.

Gao owns his stake through a trust and investment vehicles, according to an April 4, 2022 Hong Kong stock exchange filing.

The value of his cash is based on an analysis of historical transactions, dividends, stock performance and tax.

A company representative declined to comment on the net worth calculation.

Biography

Birthdate: 1952
Family: Married, 2 children
Education: Victoria University, Switzerland, Phoenix International University

Gao was born in 1952. He learned dressmaker skills from his father and founded his first workshop with eight sewing machines at the age of 24, according to the company's website.

Four years later, he set up a clothing factory in his hometown of Jiangsu. He officially registered the brand "Bosideng" in 1992.

The company specialized in designing down jackets and started publicly trading in Hong Kong through an initial public offering in 2007.

The brand debuted at New York Fashion Week in 2018, according to the company's website.

Milestones
  • 1972 Bosideng is founded.
  • 1999 Bosideng begins operating in Switzerland.
  • 2002 Obtains an MBA degree from Phoenix International University in New Zealand.
  • 2007 Starts trading publicly in Hong Kong.