Gong Hongjia Net Worth (2024)
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Gong Hongjia Net Worth, Biography & Lifestyle:
Have you ever thought about the creator and supplier of our “eyes and ears” in the world of safety?
Well, look no further, for the answer is here.
Gong Hongjia, officially translated as Kung Hung Ka, is a vice chairman, a Chinese billionaire businessman, and the world’s largest supplier in the security surveillance equipment company Hikvision Digital Technology.
Gong Hongjia, both a vice chairman and the mastermind behind the ‘eyes and ears,’ has a net worth estimated at $9.2 Billion.
He was born in Zhejiang, a province in Eastern China, in 1965 but is now a citizen of Hong Kong.
After intensive research, we’re pretty intrigued by the man behind the camera, Gong Hongjia’s net worth, and how he took this brisk business and made it into his career.
Today, we’re going to be looking into the career of Gong Hongjia, including:
Table of Contents
We’re still in awe with how someone was able to grow his fortune through a brisk business with very little share and then become the largest shareholder today!
Impressive. But there is so much that the cameras haven’t captured.
Ready to be inspired?
Let’s dive in!
Who Is Gong Hongjia?
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<a href="https://www.insiderbusinessschool.com"><img src="https://www.insiderbusinessschool.com/wp-content/uploads/2022/11/Gong-Hongjia-Net-Worth01.webp" alt="Gong Hongjia" ></a>| Net Worth: $9.2 B |
| Date of Birth: 1965 28 yrs old |
| Source of Wealth: Self-made Video Surveillance Products and streaming media services |
| Nationality: Born in Zhejian, Citizen of Hong Kong |
| Birth Name: Kung Hung Ka |
| Nickname: Angel Investor |
| Spouse: Married to Chen Chunmei |
| Children: 2 |
| Zodiac Sign: Sagittarius |
Gong Hongjia is a Chinese entrepreneur, Hong Kong businessman, and vice chairman of Hangzhou Hikvision Digital Technology – the world’s largest supplier of surveillance products and streaming media services.
Not only that…
He’s also known as an angel investor with incredible market performance throughout his career.
As the world’s largest supplier, he has also been known for investing in many diverse companies and investing his time in nurturing others to achieve their goals.
Interestingly, according to China’s Tycoons report, Gong Hongjia often preferred literature other than science. He showed little interest in technology. Gong Hongjia also married his wife, Chen Chunmei, who he met while studying at Huazhong University of Science and Technology.
How Old Is Gong Hongjia?
Born in 1965, Gong Hongjia is get_age]1995-10-28[/get_age] years old. He was born in Zhejiang, a province in Eastern China.
Gong Hongjia Height & Weight
Gong Hongjia is estimated to be 162 cm in height (5.3 ft) and weighs about 71kg (156 Lbs).
Other Quick Facts:
How Much Is Gong Hongjia Worth?
Gong Hongjia, over time, has reached an estimated net worth of $9.2B.
Gong Hongjia is his company’s co-founder, Hangzhou Hikvision Digital Technology, and also known as the largest surveillance equipment supplier with an incredible increase in market performance during a short time.
A billionaire from China and a Hong Kong citizen…
Gong Hongjia, a vice chairman and Chinese entrepreneur, builds surveillance products, including cameras and video recorders, and supplies a worldwide audience.
Gong Hongjia is also a chairman of Guangzhou Funinhand Electronic Technology, a mobile internet company. The company had been known for its interest in video compression and cheaper equipment.
Here’s the kicker:
Their purpose is to assist in video compression for wireless headsets. When asked at the 2018 Angel Investors Conference who Gong Hongjia’s idol was – his answer was: Elon Musk.
Gong Hongjia owns 12% of the company, and his wife, Chen Chunmei, controls 80% of the company through an equity fund called Xinjiang Pukang Investment.
We love a power couple!
Even though he’s known as one of the richest angel investors, the products are of good quality and lower prices.
Gong Hongjia has his steady rise of fortune coming through from Hikvison, as his electronic products, such as his video surveillance products, are being used in France’s Lille Annoeullin Prison and Universal Studios theme park.
Gong Hongjia also founded his first company, a radio manufacturer, Tecsun Radio, that now developed into the world’s radio stations, AM and FM, as well as Short wave radios in China.
According to Bloomberg Billionaires Index, Gong Honjia can buy 120 million barrels of crude oil.
According to the Net Worth table below, we can see that there has been a net worth calculation of an estimated decrease of $5 Billion between 2020 and 2022, respectively. The reason for this was the infamous disease that broke out worldwide known as COVID-19. A lot of the stocks and products that were usually delivered out of the country had been terminated or delayed.
Gong Hongjia Net Worth Year By Year
| Year | $ Net Worth |
| 2013 | $2.8 B |
| 2014 | $3.7 B |
| 2015 | $4.7 B |
| 2016 | $4.1 B |
| 2017 | $5.8 B |
| 2018 | $11.2 B |
| 2019 | $8.6 B |
| 2020 | $8 B |
| 2021 | $14.4 B |
| 2022 | $13.2 B |
Gong Hongjia’s Investments
As mentioned before…
…Gong Hongjia is both a vice chairman and Chinese entrepreneur that has also made significant investments in other companies.
Some of Gong Hongjia’s various investments include
Hangzhou Hikvision Digital Technology:
In 2001, Gong Honjia invested an estimated $2.4 million and acquired $1,086 billion in shares. It offers video recorders, chips, wireless cameras, processors, and system solutions.
Medical Facilities:
Gong Hongjia believes that a healthy lifestyle calls for a healthy living environment.
Gong Hongjia had invested in a company called Genertron. They specialize in cutting through genetics to help with cancer treatments.
The company soon became known as Genertron Health.
Sleeping App:
Gong Hongjia also invested in a company in control of a sleeping app, where the camera of the person with a sleeping disorder can detect their emotion, and in turn, background interventions would be made to ensure the person can relax.
Tecsun Radio:
Radio Manufacturer Tecsun Radio was Gong Hongjia’s first company that he founded and became the largest maker in FM and AM radio and short wave radios in China. The company sold cheaper equipment to youngsters. This broke Japanese manufacturers.
Wealth Strategy Holding:
Gong Honjia, owner of Wealth Strategy Holding, who also has a little interest in a company called Yichang Hec Changjiang Pharmaceutical, focuses on 33 pharmaceutical products that are available in mainland China that assist in health issues related to endocrine, cardiovascular and metabolic diseases.
Bosch:
At the beginning of 2013, the security equipment supplier, Hikvision, rose in sales by 39% to $639 Million. This made the share price of Hikivision to double almost by the end of the year.
Guangzhou Funinhand Electronic Technology…
In 2002, Funinhand Electronic Technology had a share price in marketing. The Funinhand Platform, Funinhand Encoder, Fondoplayer, and Funinhand Share, all provided solutions for mobile and multi-part video intercommunion, MODS, and streaming media services.
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Gong Hongjia was born in 1965 in China and moved to Hong Kong, where he resides with his wife, Chen Chunmei, and his two daughters.
According to China’s Tycoons report, when Gong Honjia was younger, he dreamed of becoming either a lawyer or a reporter.
Besides that…
He even got an award for being the only person to get a full score in composition.
Still, he later decided to apply to Huazhong University of Science and Technology to pursue further his education in computer science, where he later achieved a computer science degree.
Gong Hongjia High School And Early Life
During the first half of his school career, which took place in Hong Kong, he showed more interest in literature and liberal arts than technology.
He achieved full scores in his language compositions.
Gong Hongjia University Life
However, in 1986, Gong Hongjia graduated from Huazhong University of Science and Technology with a computer science degree. During his course at the University, he also met his wife, Chen Chunmei.
Gong Hongjia’s Family & Relationships
Gong Hongjia’s Partner,
Gong Hongjia, is married to his wife, Chen Chunmei.
Gong Hongjia’s Children
Gong Hongjia has two daughters whose names are not revealed to the public.
Gong Hongjia’s Family
There is no known record of the names of his parents, and we are also unaware of siblings he might have.
We’re going to be peeking into Gong Hongjia’s career, with a net worth estimated at $9.2 Billion and making it to the top 200 of World’s richest people on the Bloomberg Billionaires Index.
We are going to look at how he spends his money and watch as his steady rise to a great fortune made purchases of surveillance equipment an affordable necessity.
But first, let’s look at his net worth and career timeline, his generous donations, his investments, as well as some scandals and controversies with the security equipment supplier, Hikvision.
Gong Hongjia Net Worth Increase And Career Timeline
Gong Hongjia, net worth estimated to be $9.2 Billion, had an interest in literature and liberal arts during his early life.
However…
His change in career path has led him to greater fortune.
Gong Hongjia is a Chinese entrepreneur with a computer science degree and used his knowledge to create a product to be used worldwide. But how did he do it?
Let’s follow…
In 1965…
Gong Hongjia was born in Zhejiang, a province in Eastern China, in 1965 but is now a citizen of Hong Kong.
In 1986…
Gong Hongjia graduated from Huazhong University of Science and Technology with a degree in computer science. After graduation, in Guangzhou, southern China, Gong Hongjia started selling electronics as an agency worker.
In 1994…
Gong Hongjia co-founded his first company in Hong Kong, Tecsun radio. It was a brisk business that took Japanese manufacturers by surprise. Tecsun Radio thrived on helping youngsters by selling cheaper equipment that is good quality.
In 2001…
Gong Hongjia sets up Hangzhou Hikvision Digital Technology. A company that supplies the best surveillance safety products worldwide.
In 2002…
Gong Hongjia started a mobile internet company in Guangzhou, Funinhand Electronic Technology in Hong Kong. This company helps compress videos for users with wireless headsets.
In 2013…
Gong Hongjia gets Hangzhou Hikvision Digital Technology and Bosch to work together.
In 2015…
Gong Hongjia was reported to be the owner of Wealth Strategy Holding, who also has a little interest in a company called Yichang Hec Changjiang Pharmaceutical.
Gong Hongjia’s Scandals & Controversies
Interestingly, there haven’t been many scandals and controversies throughout Hongjia’s professional life.
However…
In 2019, the security equipment supplier, Hikvision was banned in the United States of America because of human rights violations and increasing security concerns among US intelligence.
Another reason is the vulnerability of the products themselves. It was said that various parties could easily hack into the products.
Gong Hongjia was also accused of violating the disclosure rules concerning his video surveillance products. He was announced in October of 2019, to be enlisted on the United States blacklist aimed at punishing Muslim minorities in Xinjiang, the northwestern region of Beijing.
Washington accused them of repression, detention, and high-technology surveillance against Muslim minorities.
How Does Gong Hongjia Spend His Money?
Gong Hongjia, with an estimated family net worth of more than $9.2 B, certainly makes good investments.
However…
Unlike other investors, Gong Hongjia invested his money into good causes such as medical facilities and agricultural practices. He also strives to help aspiring entrepreneurs achieve their goals. To him, this is more meaningful than investing to make money.
Gong Hongjia is a relatively secretive person.
He does not and has not shared much about his personal life concerning his family and luxurious purchases. However, Gong Hongjia does have a yacht, according to sources.
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As a vice chairman and member of the Bloomberg Billionaire index, Gong Hongjia, with a family net worth of $9.2B, is no stranger to philanthropy.
He had various investments with many companies, but what stood out the most was how big his heart was to achieve a healthy lifestyle for himself and others.
From 2022, he had focused largely on agricultural practices in the past five to six years. He had invested in companies focused on health that turned waste food into organic nutrients for the soil. This increased the livelihood of fresh ingredients to ensure people could stay healthy.
During his studies at Huazhong University of Science and Technology, Gong Hongjia created a soccer club.
Gong Hongjia is known as an angel investor.
As someone who wants to help others achieve their goals, he donated about $1.5 million to Huazhong University to encourage entrepreneurship and maintain innovation.
It was also reported that Gong Hongjia, as a Hong Kong businessman and largest shareholder in electronic products and system solutions, has invested in about 15 technological companies during his career so far.
Not to forget to mention…
Gong Hongjia also invested his time and effort to ensure others could achieve their dreams.
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5 Lessons We Can Learn For Financial Perseverance From Gong Hongjia.
Interests changes. Gong Honjia loved writing but instead pursued another passion in computer science. He followed his gut, and it got him to be where he is today.
Take a leap. Taking a risk can be difficult, but with perseverance and a clear goal, Gong Honjia was able to achieve it in his life.
Stay Humble. It is important to ensure that money is not the only thing on your mind.
Motivational Sayings. Always have a saying that keeps you going
Always have a plan. Stay organized and prepare for the future. Gong Hongjia thought about the future and worked towards making a difference in the present.
Top 3 Quotes From Gong Hongjia
FAQs: Frequently Asked Questions
Q1: Who is Gong Hongjia?
Ans: Gong Hongjia is the largest shareholder and vice chairman of Hangzhou Hikvision digital technology.
Q2: What is Gong Hongjia’s net worth?
Ans: Gong Hongja’s net worth is a staggering $9.2B.
Q3: What is Gong Hongjia’s wife’s name?
Ans: His wife’s name is Chen Chunmei
Q4: What was the name of Gong Hongjia’s first company?
Ans: The name of his first company was Tecsun Radio
Q5: Who uses video surveillance products from Hangzhou Hikvision Digital Technology?
Ans: The electronic products are used by France’s Lille Annoeullin Prison and Universal Studios theme park.
Q6: Where was Gong Hongjia born?
Ans: Gong Hongjia was born in Zhejiang, a province in Eastern China.
Q7: Where does Gong Hongjia live?
Ans: Gong Hongjia currently resides in Hong Kong
Conclusion: Net Worth of Gong Hongjia
You made it!
And that was all the intriguing information about the net worth of Gong Hongjia.
As secretive as Gong Hongjia is about his family, he made it known to the world what he has been doing for them. His net worth says it all. At least we know from whose lens we are all looking through!
We can see…
That he is an inspiration to many people. He has shown us that sometimes we need to take an unknown path to achieve the best in life.
During the first half of his early life, Gong Hongjia was interested in literature other than technology. However, pushing himself in an unknown direction brought him a steady rise in his career net worth, and he also met his wife, Chen Chunmei.
There’s no doubt…
Gong Hongjia is someone we can all look up to.
Not only is he both a vice chairman and Hong Kong Businessman, with a family net worth of $9.2 billion and the world’s largest supplier of video surveillance products, but he also has various investments and a good share price for the good of other companies and others as well as being a top achiever in liberal arts.
If you want to read more inspiring stories of your favorite personalities, visit Insider Business School and check out the net worth articles such as Dan Bilzerian’s or Billie Eilish!
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