Deng Jiagui Explained

Deng Jiagui
Birth Place:China
Nationality:Canadian
Party:Chinese Communist Party
Occupation:Businessman
Spouse:Qi Qiaoqiao
Children:1
Relatives:Xi Jinping (brother-in-law)

Deng Jiagui (born 1951; 邓家贵) is a Chinese businessman, and brother-in-law of Xi Jinping, who is current General Secretary of the Chinese Communist Party and paramount leader of China since 2012.[1]

Deng Jiagui is a Canadian citizen and resident of Hong Kong SAR. He has "made a fortune in real estate development" and is mentioned in the Panama Papers.[2]

In 2012, Bloomberg reported that Deng Jiagui and his wife Qi Qiaoqiao had holdings in Shenzhen Yuanwei Investment Co worth $288 million, and wholly owned other companies in the Yuanwei group worth $84.8 million - a total of $372.8 million.[3]

Deng, Qi, and their daughter, Zhang Yannan "own millions of dollars in luxury properties in Hong Kong, Shenzhen and Beijing".[4]

Notes and References

  1. Web site: Panama Papers reveal offshore secrets of China's red nobility . 2016-04-06 . Garside . Juliette . Pegg . David . The Guardian . 2019-07-23 .
  2. Web site: Panama Papers | The Power Players . Projects.icij.org . 3 April 2016 . 26 July 2016.
  3. Web site: Xi Jinping Millionaire Relations Reveal Fortunes of Elite . Bloomberg . 29 June 2012 . 26 July 2016.
  4. Web site: Who's Who in China Leaks | International Consortium of Investigative Journalists. icij.org. 10 September 2016. 22 January 2014.