BillionaireNet
family
G
Rank #1487
CHINAManufacturingFurniture

Gu Yuhua & family

Net Worth
$2.69B
-0.23% (24h)
Gu Yuhua, at 76 years old, is a Chinese billionaire whose wealth stems from the furniture industry. He controls Jason Furniture (Hangzhou), a company listed on the Shanghai Stock Exchange. Starting from a sofa workshop in 1982, Gu Yuhua built a successful business, with his son, Gu Jiangsheng, currently serving as chairman of Jason Furniture. As of December 16, 2025, Gu Yuhua's net worth is estimated to be $2.7 billion, placing him at #1463 globally. His career began in Nantong, China, and he continues to reside in Hangzhou.

The Full Dossier

Early Life

Gu Yuhua began his entrepreneurial journey in 1982 by establishing a sofa workshop in eastern Nantong, China. This marked the inception of what would become a significant presence in the furniture manufacturing sector.

Rise to Success

Through strategic business decisions, Gu Yuhua transformed his small workshop into a leading entity within the furniture industry. A pivotal moment was the listing of Jason Furniture (Hangzhou) on the Shanghai Stock Exchange in October 2016. His son, Gu Jiangsheng, now serves as the chairman of the company, with another son, Gu Hailong, also on the board, indicating a family-led business approach. The company's focus on research and development has helped it stay competitive in the industry.

Key Business Strategies

The exact business strategies employed are not detailed in the available sources, but the company's longevity and success suggest effective management and market adaptation. Jason Furniture's listing on the Shanghai Stock Exchange provided access to capital and enhanced its market presence.

Philanthropy

Specific details about Gu Yuhua's philanthropic activities were not found.

Career Timeline

2016

Jason Furniture (Hangzhou) listed

Listed the company on the Shanghai Stock Exchange.

1982

Founded Jiangsu Nantong Xi Hua Sofa Factory

Established a sofa workshop in Nantong, China, which became the foundation for his furniture business.

Philanthropic Impact

Category$XB

REAL initiative

REAL description

Wealth Trajectory