What is Sheng Baijiao's Net Worth?

Sheng Baijiao is a Chinese businessman who has a net worth of $780 million. Sheng Baijiao serves as Chief Executive Officer and Executive Director of Belle International Holdings Limited, the No. 1 woman's shoe retailer in the People's Republic of China, with reported 22% domestic market share. The company is engaged in the manufacturing, distribution and retail sales of footwear products. Sheng Baijiao is a newcomer to the billionaires list. He has served as Acting Chairman of Belle International Holdings Limited since April 25, 2011. Baijiao joined Belle International Group in 1991 and has over 20 years of experience in the footwear manufacturing industry. Since the establishment of Staccato (HK) in 1998, Baijiao has been responsible for its high-level strategic planning and management of the retail sales of ladies' footwear products.

Prior to joining Belle Group, Baijiao worked at the China Merchants Shekou Industrial Zone Light & Textile Industries Development Company. He has also served as General Manager and Deputy General Manager of various other companies. Baijiao serves as Chairman of the Shenzhen Leather and Shoes Association and is Vice Chairman of the China Leather Industry Association. Sheng Baijiao has been a Director of Lai Kong Footwear since 1994. He serves as an Executive Director of Mirabell International Holdings Ltd. as well.