China Movie Stars Own Multiple Companies

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China Movie Stars Own Multiple Companies In the aftermath of the “yin-yang contract” scandal, netizens have unveiled from the companies registries of local Administration for Industry & Commerce that many film industry players, including Fan Bingbing, Zhang Ziyi, Zhao Wei, Huang Xiaoming, Chen Kun, Li Bingbing, Huang Bo and Feng Xiaogang, are owners, shareholders, legal persons or directors of multiple businesses. Topping the chart is Huang Xiaoming, who reportedly runs and funds as many as 45 businesses. Here are the top 3 of the stars who own major business empires: 1. Film star Huang Xiaoming is the legal person, director, executive director, shareholder and manager of 45 companies. 2. Singer Hu Haiquan is the corporate shareholder, director, executive director, shareholder, manager and supervisor of 35 companies. 3. Actor Ren Quan is the director, chairman of the board, executive director, director, legal representative, shareholder and manager of 23 companies. As for other acting talents and celebrity couples, Tong Dawei and Guan Yue together own 23 companies; Wang Yuelun and Li Xiang together own 23 companies; Zhang Ziyi owns 20 companies; Huang Lei owns 18 companies; Zhao Wei owns 17 companies; Huang Bo owns 17 companies; He Jiong, touted “the wealthiest television host”, owns 16 companies; Wang Feng, Chen Kun and Feng Xiaogang each owns 16 companies; Li Bingbing owns 15 companies. Fang Bingbing only owns 6 companies. These celebrities make it a priority to snag the title of CEO, director, executive director, legal representative and shareholder in their secondary gigs, which are mostly in the domains of film production, performance, cultural communication, artiste management, advertising, investment and food & beverage. The rapid development of the Chinese cinema and television industry over the last decade has given rise to many celebrities and directors of fame and fortune. Some are keen on unleashing their entrepreneurial spirit. The idea of celebrities becoming business owners is nothing new, as long as the businesses are legal and incomes are taxable. .

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