Xue Min

A research career became a medical-imaging startup path

Xue trained in biomedical engineering and worked in medical-imaging research before returning to China to commercialize that expertise. Forbes records that he founded Shenzhen Mindit Instruments in 1998, a company that was later acquired by Siemens Medical Solutions. ^[1]

That first company gave Xue an operating track record in high-end imaging before United Imaging was created. The sequence matters financially because his later wealth did not begin with an inherited industrial holding, but with technical work followed by company formation. ^[1]

United Imaging Healthcare was founded in 2011 and developed imaging and radiation-therapy equipment for hospitals in China and abroad. The company later expanded internationally and reached the public markets through its 2022 listing on Shanghai's STAR Market. ^[1][3]

Founder control and public-market value became the core fortune

United Imaging's investor disclosures identify Xue as the company's ultimate controller through United Imaging Group and affiliated investment entities. That continuing voting control connects his billionaire wealth directly to founder ownership in the enterprise he helped build. ^[2]

The wealth path is therefore primarily entrepreneurial: technical training led to one medical-imaging startup, then to the founding and scaling of United Imaging, and finally to a valuable public equity position. The available sources do not identify a meaningful inherited business base behind that progression. ^[1][2][3]