Wang Xuning
Wang Xuning | |
|---|---|
| Born | 1969 China |
| Occupation(s) | Entrepreneur, philanthropist |
| Known for | Founder of Joyoung; chairman of JS Global Lifestyle and SharkNinja |
Wang Xuning (; born 1969), who is also referred to as CJ Xuning Wang, is a Chinese entrepreneur and philanthropist with billionaire status. He is the founder of Joyoung, a prominent Chinese manufacturer of kitchen appliances, and holds the position of chairman at both JS Global Lifestyle and SharkNinja, two internationally recognized consumer appliance corporations.
Career
In 1994, Wang developed the first automated home soymilk machine, laying the groundwork for what would become the Joyoung brand, now recognized as one of China’s leading small kitchen appliance manufacturers. He expanded his business portfolio by acquiring SharkNinja in 2017. Two years later, in 2019, Joyoung and SharkNinja combined to create JS Global Lifestyle, which subsequently launched its initial public offering on the Hong Kong stock exchange. In 2023, Wang separated SharkNinja from JS Global Lifestyle to pursue a direct listing on the New York Stock Exchange.
Philanthropy
Wang contributed to education and innovation by financing the establishment of the Wang Innovation Center at Western Reserve Academy in Ohio in 2017, aiming to foster creativity and experiential learning. Additionally, he has made significant donations within China, including a contribution of 50 million RMB in 2021 to the Joyoung Public Welfare Foundation, an organization dedicated to improving educational and nutritional conditions in rural primary schools.