⬅ # 769 Hong Ra-hee|# 771 Klaus-Peter Schulenberg

# 770 Jian Yao 


Real Time Net Worth
as of 5/29/2024
$13.0M (0.31%)

# 770 Jian Yao 


Real Time Net Worth
as of 5/29/2024
$13.0M (0.31%)
OccupationPartial Owner, Mindray
Source of WealthMedical Devices
ResidenceHong Kong, Hong Kong
Marital StatusDivorced
Age-Adjusted Net Worth$4.24B
Jian Yao
Jian Yao
Net worth: $4.24B

Self-Made Score 



Jian Yao became wealthy through her association with Mindray, a prominent medical device supplier founded in 1991 by her ex-husband, Xu Hang, and others.
Following her divorce, Jian obtained a minority stake in Mindray in 2020, solidifying her position as a billionaire.

Marriage and Divorce

Jian Yao was married to Xu Hang, one of the cofounders of Shenzhen Mindray Bio-Medical Electronics.
The details surrounding their marriage and divorce are not publicly documented beyond their association with Mindray.

Involvement With Mindray

Jian Yao obtained a minority stake in Mindray after her divorce from Xu Hang.
Mindray, founded in 1991 in Shenzhen, Guangdong, by Xu Hang and others, grew into a multinational medical instrumentation manufacturer.
The company specializes in patient monitoring, in-vitro diagnostic products, and medical imaging systems.
It has subsidiaries and branch offices worldwide, with significant operations in China.
Mindray's prominence in the medical device industry contributed to Jian Yao's wealth.

How long would it take you to become as rich as Jian Yao?

If you started with $10,000 and invested an additional $500 each month at a 44.02% CAGR, it would take you 5 years to reach Jian Yao's net worth of $4.24B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 42.57% compared to 11.75% for the S&P 500 benchmark.

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Jian Yao is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Jian Yao, Medical Devices is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey