Zuo Hui

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Zuo Hui
Born
Zuo Hui

1971 (1971)
DiedMay 20, 2021(2021-05-20) (aged 50)
Alma materBeijing University of Chemical Technology
Peking University
OccupationEntrepreneur
Known forFounder and Chairman of KE Holdings

Zuo Hui (January 1971 – May 20, 2021) was a Chinese entrepreneur, real estate tycoon and founder of KE Holdings.[1][2][3]

Early life and education

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In 1992, Zuo earned a degree in computer science from Beijing University of Chemical Technology.[3]

In 2008, he earned a Master of Business Administration from Peking University.[4]

Career

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After graduating, Zuo worked in a series of sales jobs in insurance and other industries.[3]

In 2001, he founded Beijing Lianjia, a Chinese real-estate brokerage company.[5]

In 2010, Zuo started Yiju Taihe, which offered property-related financial services.[3]

In 2018, Zuo founded Beike, an online brokerage platform.[1] In the same year, Zuo created KE Holdings, an umbrella company into which he put Lianjia, Yiju Taihe and Beike.[3]

In 2020, KE Holdings raised $2.12 billion from its IPO on the New York Stock Exchange, valuing the company at just under $40 billion.[6][7]

Net worth

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In April 2021, Forbes estimated Zuo's net worth to be $15.5 billion.[1]

Death

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Zuo died on May 20, 2021, at 50 years old as a result of an unspecified illness. Beike named CEO Peng Yongdong as the new chairman following his death.[8][9]

References

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