[7] Born in Guangzhou, China into a family with close business and government ties, he graduated in 1984 from Sun Yat-sen University.
[3] It was reported in early 2010 that Huang had acquired a 15% shareholding in the Cleveland Cavaliers, considered at the time the first significant investment in a large US sports franchise by Chinese investors.
[11] During an interview in April 2010 with the UK's The Mirror newspaper, Huang claimed to be at a "crucial stage" in negotiations to acquire the Liverpool F.C.
[12] Four months later, Huang instead offered to pay off Liverpool's US$374 million in debts it owed to the Royal Bank of Scotland in return for control of the team.
At the time, Huang claimed that the massive Chinese sovereign wealth fund, China Investment Corporation, could become a silent investor in the deal.
[citation needed] The club was taken over by International Sports Capital, a company co-owned by Erick Thohir in 2013, with Moratti, Pirelli and many small investors as the minority shareholders.