Guo Wengui
✓ Source-basedfallingChinese businessman
in ChinaAn exiled Chinese billionaire who styled himself as a dissident whistleblower against Beijing, then stood trial in New York for defrauding the supporters who believed him.
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Miles: You [say] this, sir, still too high. You say words maybe some people don't understand.
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About this person
Guo Wengui ranked 74th on the Hurun China Rich List in 2014 with assets estimated at $2.6 billion, but left for the United States that same year as an anti-corruption campaign swept up his associates, including top intelligence official Ma Jian. In America he built a public identity as a whistleblower against the Chinese Communist Party, launching media ventures with Steve Bannon between 2018 and 2020 - G News and GTV Media Group - that drew criticism for spreading misinformation. In 2021 he settled with the SEC for $539 million in refunds and penalties over illegal fundraising. The FBI arrested him in March 2023 on charges of defrauding investors and supporters, and in July 2024 a jury in the Southern District of New York found him guilty on fraud and money-laundering-related charges. He was sentenced to 30 years in prison in June 2026.
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