Jacky Xu, Richest Person In
St Kitts & Nevis
Jacky Xu is the richest person in St Kitts & Nevis with an estimated net worth of $1.3 billion. He is the owner and founder of one of the most successful home-grown apparel companies in China, Trendy International Group.
Trendy Group oversees a number of profitable retail chain fashions like Trendiano which is primarily for men, Ochirly – a clothing retailer for women and Five Plus which is a fashion accessories and luxury goods brand.
In 2011 LCapital, an investment wing of LVMH, bought 20% stake in Ochirly and the transaction was valued at $200 million. The brand now hopes to get listed on the NYSE or Hong Kong Stock Exchange within a few years. Jacky lives in Guangzhou.
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