He is the chairman of the board and Communist Party secretary of the Evergrande Group, a Chinese real estate developer.
As of October 2023[update], Hui had an estimated net worth of $979 million according to Bloomberg Billionaires Index,[4] down from a peak of $45.3 billion in 2017.
[5] On 19 March 2024, Hui was fined $6.5 million for his company's $78 billion revenue overstatement and banned from China's markets for life.
Hui Ka Yan was born from a rural family in Jutaigang Village, Gaoxian Township, Taikang County, Henan, on 9 October 1958.
[14] After resigning in 1992, he moved to Shenzhen, the newly founded special economic zone in southeast China's Guangdong province.
[17] In May 1996, Hui Ka Yan, with a monthly salary of 2000 yuan, left the Zhongda Group after unsuccessful negotiation with the boss of this society.
[4] On 19 March 2024, he was fined $6.5 million for his company's $78 billion revenue overstatement and banned from China's markets for life.
[27] Hui married Ding Yumei (丁玉梅), whom he met at the Wuyang Iron and Steel Company (舞阳钢铁公司).