Xi Jinping is the highest-ranking official in China, officially the People’s Republic of China (PRC). Xi is currently serving as the Chairman of the Central Military and General Secretary of the Chinese Communist Party. He is also serving as the President of China since 2013.
This makes him the leader of the most populated country and the second-largest economy (GDP) in the world. Xi has maintained an impressive record as a Chinese politician and also holds a firm grasp on China’s only political party.
Since Xi is one of the most powerful people in the world, it is quite natural for people to be curious about his education and early life. Let us have a look at all of this and Xi Jinping’s net worth.
Xi Jinping Net Worth
As of 2023, Xi Jinping’s net worth is estimated to be around a staggering $1.2 billion dollars. As the President of the People’s Republic of China (PRC), his yearly remuneration is $22 million.
Xi Jinping’s Main income
Xi Jinping’s primary source of income comes from the remuneration he receives for his services as a president. However, almost all his financial requirements are met by the state as the president of the country. Thus, Xi Jinping has expenses related to housing or transportation. This enables him to save almost all of his earnings.
Other than his annual income as the president, Jinping, the leader of the single political party in China, also has the opportunity to attract wealth in various other ways which are deemed legal by the CCP. This further boosted Xi Jinping’s net worth significantly.
Xi Jinping’s Other income
Xi Jinping belongs to an influential family. His extended family has multi-million investments and properties in China. Moreover, his family owns a generous number of shares in a reputed Chinese company. T
The valuation of the company is in billions. This translates that Xi Jinping could very well have at least $1 billion dollars in his personal funds. This gives a major jump to Xi Jinping’s bank balance.
Xi Jinping Social Media Accounts
Key government officials of all levels and the ordinary public in China are prohibited from having social media accounts where they can express their opinions in their personal capacity. Thus, Xi Jinping does not have any public social media accounts.
As of today, only special representatives, ambassadors, and the head of the foreign ministry’s information department of China are on Twitter.
Xi Jinping Personal Life, Stats & Facts
Xi’s first wife was Ke Lingling. She is the daughter of Ke Hua who was China’s ambassador to the United Kingdom in the early 1980s.
The couple got divorced a few years after their marriage. Xi Jinping is now married to an award-winning singer – Peng Liyuan. The couple also has a daughter named Xi Mingze. She graduated from Harvard University in the year 2015.
Xi Jinping’s Rise to Fame
Xi joined the Communist Youth League of China in the year 1971. From 1999 to 2002, Xi served as the governor of Fujian followed by becoming the governor and party secretary of neighboring Zhejiang until 2007.
The next year, Xi was appointed as the vice president of the PRC and also as the vice chairman of the CMC. Xi officially received the title of leadership core from the CCP in the year 2016. He brought in a lot of positive changes which then led to his fame.
Moreover, Xi has introduced a number of reforms which have helped China become a superpower. Today, several MNCs are having their manufacturing units set up in the country.
The Economist named him the most powerful person in the world in the year 2017. The following year, Forbes ranked him as the most powerful and influential person in the world. Xi replaced Russian President Vladimir Putin, who had bagged the first position for five consecutive years.
Xi Jinping’s Early Life & Education
Xi Jinping was born on 15 June 1953 in China to Chinese Communist veteran Xi Zhongxun. He was considered to be a princeling thanks to his father’s role in the government. When he was just 15 years old he was sent to exile in Liangjiahe Village where he worked as a party secretary of Liangjiahe and lived in yaodong – – a house cave.
Xi attended the Beijing 101 Middle School. Later, he went on to study chemical engineering at Beijing’s Tsinghua University. Xi also obtained a Marxist degree as well as a PhD in law at the Tsinghua Humanities Institute. This makes Xi China’s first leader to be so highly educated.
Stats & Facts
- DOB: 15 June 1953 (69 years old)
- Location: Zhongnanhai, Beijing, China
- Height: 5 feet 9 inches (180 cm)
- Marital status: Married
Xi Jinping’s Net Worth in 2024?
Xi Jinping’s wealth is immense and is only estimated to rise with time. This is because China’s parliament amended its constitution a few years back which broadens Xi’s power and scraps term limits.
This technically makes the President now to be able to rule for life. Xi has effectively become the most powerful leader in China since Chairman Mao. And along with Xi Jinping’s net worth his power and influence are also bound to increase in the coming years.