Qi Shi is the founder and chairman of East Money Information, an online broker and financial information provider. The Shanghai-based company's website offers financial news, stock information and transaction assistance to investors in China. It reported revenue of 13.1 billion yuan ($2 billion) in 2021.
Qi Shi's net worth of $8.67B can buy ...
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The majority of Qi's wealth is derived from his stake in East Money Information, an online broker and financial information provider.
Qi owns his 23% stake directly, through his father and his wife, according to an analysis of the the company's 2021 annual report. About one-seventh of the shares are pledged and removed from the calculation.
Cash holdings are based on an analysis of dividends, insider transactions, taxes and market performance.
Yang Hao, a spokesman for the company, didn't respond to a request for comment on the net worth calculation.
Qi was born in 1970. He earned a bachelors degree from Shanghai Jiaotong University as well as a MBA and doctorate in literature from Fudan University.
After working at a futures company, Qi established Shanghai Dong Cai Information Technology in 2005, the predecessor to East Money Information. The company was established to provide news and information to China's growing community of investors.
East Money Information became a publicly traded company in 2010 when it joined the Shenzhen exchange.