Mao Lixiang

Mao Lixiang is the founder of Fotile, one of China’s largest kitchen appliance brands.

Son Mao Zhongchun currently chairs the business from its headquarters in the eastern Chinese city of Ningbo.

Fotile’s top sellers include kitchen range hoods.

Fotile’s rivals include Robam Appliances, led by fellow billionaire Ren Jiahua.