Y e Guofu is a self-made Chinese billionaire and the founder and CEO of the lifestyle and household goods retailer, Miniso. He started his career in the retail industry and, in 2013, founded Miniso. The company became a massive and rapid success with its unique business model, which combines the aesthetic of a Japanese design brand with the low prices of a discount store. Miniso's stores sell a wide range of well-designed and affordable products, from cosmetics and stationery to toys and kitchenware.
The brand's focus on design and affordability, often with a 'Japanese-inspired' branding (which has been a source of controversy), has resonated strongly with young consumers around the world. Ye has expanded the company at a tremendous pace, building a global retail empire with thousands of franchised and company-owned stores in dozens of countries. He took the company public on the New York Stock Exchange in 2020, which cemented his status as a major global retail tycoon.
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Ye Guofu is a Chinese businessman, the self-made billionaire Founder, Executive Chairman, and CEO of Miniso Group Holding Ltd. (NYSE: MNSO), the global low-cost lifestyle retail chain. His career is rooted in retail, entrepreneurial audacity, and global franchising.
Ye's philosophical approach centers on scale, disruption (pioneering the affordable, fast-rotation lifestyle product model), and long-term commitment to mass-market retail (leveraging franchising and efficient supply chains). He founded Miniso in 2013 in Guangzhou, recognizing the immense, untapped global demand for affordable, well-designed consumer goods.
Ye Guofu's strategic genius was his commitment to design and franchising. He founded Miniso in 2013, successfully building it into a global force by pioneering a rapid, highly franchised global expansion model focused on trendy, low-cost goods. His structural contribution is immense: pioneering the modern, scale global franchised retail model for lifestyle products. The company successfully executed its IPO on the NYSE in 2020.
He remains Executive Chairman and CEO, guiding the company's continuous expansion and technological modernization. His wealth is secured by the colossal, long-term, stable profitability of the global retail, franchise, and consumer goods sectors.
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Founds Miniso Group Holding Ltd. (Founding).
Miniso expands aggressively using the global franchising model (Franchising Apex).
Miniso executes its successful IPO on the NYSE (Financial Milestone).
Continues as Founder, Chairman, and CEO, guiding the global retail giant (Executive Oversight).
Ye Guofu's wealth is concentrated in his founding equity and continued executive leadership of the publicly traded retail giant, Miniso Group Holding Ltd. (NYSE: MNSO), and his private investments.
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Ye Guofu's social impact stems from Miniso Group's role as a massive global franchiser and employer, providing essential, affordable consumer goods to millions worldwide. The company contributes significantly to job creation and provides platforms for small business ownership through franchising. His personal philanthropy supports various community and educational initiatives.
His personal philanthropy supports various community and educational initiatives.
Ye Guofu maintains the professional, composed style of a corporate executive. His attire is consistently formal and high-quality, favoring tailored business suits. His aesthetic reflects serious authority and stability, typical of a leader in the global retail sector.
Residing in Guangzhou, China, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to retail scale, brand management, and strategic investment.
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0% | $0.00M
+3.62% | +$211.00M
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