Jia Yueting was bornon 1973 in Beijing, China, China. Jia Yueting chairs LeEco, which was formerly called Leshi Internet Information & Technology Beijing, a Chinese online video site. Tight finances led Jia in early 2017 to sell stakes in key businesses to Hong Kong-real estate developer Sunac China for $2.2 billion. Jia's interests include sports broadcasting, smartphones and electric vehicles with Los Angeles-based Faraday Future.
At the end of 2017, he moved to California, to oversee operations at Faraday Future, where he took over as CEO, and is majority shareholder
In 2015 he purchased Coolpad Group from Guo Deying, via Lele Holding and intermediate holding company LeEco Global
Before the privatization of the company, Jia Yueting owned 26% shares (113,606,856 number of shares) at 31 December 2014