Xi Jinping Net Worth

Xi Jinping Net Worth

Highlights

Xi Jinping, the current leader of China, has an estimated net worth of $1 million. He serves as the General Secretary of the Chinese Communist Party and Chairman of the Central Military Commission. Although there have been reports about the substantial wealth accumulated by his extended family, it is important to note that these reports do not directly implicate Xi Jinping himself. The President of the People’s Republic of China earns an annual salary of ¥152,121 RMB, which is equivalent to approximately $22,000 USD.

Early Life

Xi Jinping was born on June 15, 1953, in Beijing, China. He is the second son of Qi Xin and veteran Chinese Communist Xi Zhongxun. Xi’s father was purged from the country during Mao’s Cultural Revolution when Xi was just 10 years old. As a result, Xi was exiled to rural Yanchuan County, where he lived in the village of Liangjiahe and joined the Chinese Communist Party. He eventually ran away to Beijing and joined the Communist Youth League of China in 1971. Xi was accepted into the Chinese Communist Party in 1974 and studied chemical engineering at Tsinghua University from 1975 to 1979. He later returned to Tsinghua University in 1998 to study Marxism and obtained a doctorate in law and ideology in 2002.

Career

Xi Jinping began his political career in 1979, working as a secretary for Geng Biao, who was then Vice Premier and Secretary General of the Central Military Commission. He subsequently served in secretarial positions in four different provinces in China from 1982 to 2007. In 2007, Xi was appointed to the CCP’s Politburo Standing Committee and became the first secretary of the Central Secretariat. He was informally selected as China’s new paramount leader in 2008 and went on to become Vice President of China in 2009. Xi Jinping assumed the highest positions of power in China in 2012 when he was named General Secretary of the Communist Party and Chairman of the Central Military Commission. In 2013, he was elected as the President of the People’s Republic of China.

Personal Life

In 1979, Xi Jinping married Ke Lingling, the daughter of a former Chinese ambassador to the United Kingdom. They later divorced in 1982. Five years after the divorce, Xi married famous Chinese folk singer Peng Liyuan. They have a daughter named Xi Mingze, who graduated from Harvard University in 2015. The family resides in Beijing’s Jade Spring Hill area.

Net Worth Over Time

Xi Jinping’s net worth of $1 million has remained relatively stable over time. However, it is important to note that this estimate is based on limited publicly available data and may not fully account for any undisclosed assets or wealth.

Components of Net Worth

While Xi Jinping’s exact assets and sources of wealth are not publicly disclosed, there have been various reports and investigations about the wealth accumulated by his extended family. These reports suggest that his family members might have accumulated substantial wealth through various business ventures and investments. However, it is important to reiterate that these reports do not directly implicate Xi Jinping himself in wealth accumulation.

Overall, Xi Jinping’s net worth is estimated to be $1 million, primarily derived from his political career. As the leader of China, his main focus has been on enforcing party discipline, restricting civil liberties, and implementing aggressive foreign policies. The extent of his personal wealth beyond the estimated net worth remains a subject of speculation due to limited publicly available information.

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