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1591
In the world today
Ye Guofu

Ye Guofu

Y. Guofu
-0.2% | - $-5.28M
$2.6 B ₹ 23,647 Cr
Real Time Net Worth #1591 Ranking as of 21 Feb 2026 By Forbes

More on Ye Guofu

Gender

Male

Age

48Y

Country

China

Born On

November, 1977

Deceased

No

Relationship Status

Married

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Retail)

Primary Organization

Miniso

Titles

Founder & CEO

Sources of Wealth

Miniso

Industry

Retail, Consumer Goods

About Ye Guofu


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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Quick Reads


  • Founder and CEO of the discount lifestyle retailer Miniso.
  • His stores are known for their Japanese-inspired design and low-priced goods.
  • Has built Miniso into a global retail giant with thousands of stores worldwide.
  • Took the company public on the NYSE in 2020.
  • His business model has been compared to a 'premium' dollar store.

Early Life and Background


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.

  • Miniso Group Holding (Founder & Chairman/CEO): The core publicly traded asset, a major global operator of lifestyle retail stores (operating thousands of franchised stores globally).
  • Retail Pioneer: His success is built on scale retail and dominating the domestic and international market for affordable consumer goods through a high-volume, franchised model.
  • Investment Strategy: His philosophy is rooted in long-term investment in brand IP and retail franchising infrastructure and leveraging the massive global growth of affordable consumer markets.
  • Brand Focus: Miniso is known for its affordable, Japanese-inspired design aesthetic.

Career Journey of Ye Guofu


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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Ye Guofu's Timeline


2013:

Founds Miniso Group Holding Ltd. (Founding).

2010s:

Miniso expands aggressively using the global franchising model (Franchising Apex).

2020 (October):

Miniso executes its successful IPO on the NYSE (Financial Milestone).

Ongoing:

Continues as Founder, Chairman, and CEO, guiding the global retail giant (Executive Oversight).

Major Business Ventures and Investments


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.

  • Miniso Group Holding (Founder & Chairman/CEO): The core publicly traded asset, a major global operator of lifestyle retail stores.
  • Retail Pioneer: His success is built on scale retail and dominating the domestic and international market for affordable consumer goods through a high-volume, franchised model.
  • Investment Strategy: His philosophy is rooted in long-term investment in brand IP and retail franchising infrastructure and leveraging the massive global growth of affordable consumer markets.

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Philanthropy and Social Impact


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.

Fashion, Style, and Lifestyle


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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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the Founder and CEO of Miniso Group (global low-cost lifestyle retail).
  • Miniso operates thousands of franchised stores globally.
  • The company is famous for its blind box collectibles and affordable design aesthetic.
  • His fortune is tied to the successful monetization and scale of the global franchise retail model.
  • He founded the company in 2013.
  • His philosophy emphasizes scale, franchising excellence, and cost control.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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