Ma Hong’s profile picture

Ma Hong

Ma Hong’s profile picture
Net worth 2018: $1.5 Billion
Residence: Dongguan, China
Country: China
BIOGRAPHY

Ma Hong was born in Dongguan, China, China. Ma Hong is #1589 in List Billionaires People In The World. Ma Hong chairs Shenzhen-listed Dongguan Souyute Fashion, which sells casual clothing in China. Souyute has also made e-commerce-related investments including apparel brands such as olrain and ThinMore that sell via Alibaba Group's Taobao store. Ma has been in the apparel retail business in China's Guangdong Province since 1987.

NET WORTH STATISTIC
2015

$1.2 Billion

2016

$1.5 Billion

2017

$1.6 Billion

2018

$1.5 Billion

TIMELINE
2007

On October 28, 2007, he died of Parkinson's disease

2005

His writings have been widely publicized, and in 2005 he won the Outstanding Economist Prize

1985

Ma Hong has published more than 10 books in Chinese; New Strategy of Chinese Economic Development has been translated and edited by Fengbo Zhang and was published in Japan in 1985

1984

In 1984, at his suggestion, "the notion of a socialistic commercial economy was written into the CPC's list of doctrines

1978

In 1978 Ma Hong's career rebounded and he founded the Industrial Economic Institute, becoming its director

1952

In 1952 Ma Hong was promoted to the post of General Secretary of the National Planning Committee of the Central Government

1949

He was transferred the CPC's Northeast Bureau to be the director of the Policy Research Office in 1949

1941

After graduation in 1941 Ma Hong was assigned to be a researcher in the CPC's Central Research Institute, laying the foundations of his later economic knowledge

1938

In 1938 he went to Yan'an, then the Communist capital, and won Chen Yun's (Minister of Organization) favour

1936

Ma Hong took part in Ximenghui in 1936, an organization of resistance against the Japanese

1920

Ma Hong (simplified Chinese: 马洪; traditional Chinese: 馬洪; pinyin: Mǎ Hóng; May 18, 1920 ? – October 28, 2007), born in Dingxiang County, Shanxi Province, China, was a well known economist and was chiefly responsible for the reintroduction of market economics to China

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