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IMPW 2018-Mingzhu DongIMPW 2018-Mingzhu Dong
Bobby Yip—Reuters
  • Title
    Chairwoman and President
  • Company
    Gree Electric Appliances
  • Country
    China
  • Age
    64

Dong’s path to the C-suite has been a winding one. Following her husband’s death, Dong found herself as a 30-year-old single mother raising a two-year-old son. In 1990, she became an air conditioner saleswoman at Gree Electric Appliances. “I didn’t want other people’s sympathy,” Dong has said. “I just wanted to live a better life by relying on my own efforts.” In her unlikely tenure as chairperson and president, Dong has turned Gree into a $22.2 billion company, but the air conditioning giant had a tough run in 2017, as Chinese home-appliance stocks have tumbled due to a slowing property market.

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Personal Information

Country
China
Previous Rank
4
Newcomer?-

Company Financials

2017 Profits
3,314.5
2017 Revenues
22,196.8
Market Value as of 08/30/18 ($M)
35,690.2