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On February 27, Faraday Future (FF) Founder and former CEO Jia Yueting filed a “Plan Term Sheet” agreed to between himself and the Official Committee of Unsecured Creditors in his chapter 11 case with the Bankruptcy Court for the Central District of California.

Jia Yueting, the beleaguered founder of Faraday Future who fled China two years ago after running up massive debts, has stepped down as chief executive officer of … Faraday Future's founder and CEO, Jia Yueting, is filing for bankruptcy. The wife of Faraday Future founder Jia Yueting has been banned from leaving China by the Shanghai People's Court over nonpayment of US$76 million to the Shanghai branch of the China Merchants Bank.

He previously founded LeEco and the Le.com subsidiary LeSports, and is the former chairman and CEO of Le.com as well as the former chairman of both Coolpad Group and Sinotel Technologies. Faraday Future secured the PPP loan while its founder, Jia Yueting, was navigating bankruptcy. Meanwhile, Chinese regulators are increasing the pressure to bring him back from America. Faraday Future boss Jia Yueting no longer owns the company, sources say.

Jia Yueting, founder of Chinese tech giant LeEco, may have taken over as CEO of Faraday Future earlier this month, but he may no longer be the automaker's largest shareholder. Photo credit: Jia Yueting’s Weibo. From its inception in 2014, the company grew to 1000 employees by January 2016. Jia Yueting debuted Faraday Future’s FF91 at this year’s CES. In 2015, Faraday Future made headlines for poaching talent from top automotive companies. Jia Yueting, chairman and founder of Leshi Internet Information & Technology Co., also known as LeTV, is linked to the Faraday Future electric car start-up in Gardena.

Faraday Future’s early financier, Jia Yueting, and reportedly the company’s largest shareholder has been placed on China’s official “Blacklist” for credit defaulters. Jia Yueting owes around $3.6 billion in China, thanks to the collapse of LeEco, the tech conglomerate he founded there. He will give up his stake in the company in order to repay personal debts, which amount to around $2 billion. In May, a judge approved his reorganization plan , … Faraday Future was founded by Chinese businessman Jia Yueting in April 2014 and is headquartered in Los Angeles, California, in the Harbor Gateway neighborhood, which is adjacent to Carson, California. (Yicai Global) May 22 -- A debt restructuring plan proposed by disgraced Chinese business tycoon Jia Yueting was approved by a US court yesterday, setting in motion the long-awaited settlement of his mountain of debt in China and boosting the prospects of his US electric vehicle startup Faraday Future, online news outlet The Paper reported today. Jia Yueting, the bankrupt founder of electric car startup Faraday Future and former CEO, announced that the $600 million claim declaration amount is the joint guarantee debt of both his brother Jia Yuemin and himself, according to an official statement published by Jia’s debt project team on March 14. Jia Yueting's Wife Claims USD571 Million in Divorce (Yicai Global) Feb. 12 -- The wife of Chinese entrepreneur Jia Yueting has initiated divorce proceedings and is seeking USD571 million in property from the founder of electric automaker Faraday Future, The Paper reported today, citing a revised statement posted on the website of bankruptcy agency Epiq. He has been called "China's Steve Jobs" ... when it emerged that it was being backed by Chinese internet billionaire Jia Yueting.

Se fundó en 2014 y tiene su sede en Gardens, California. New, 2 comments.

Jia Yueting, the beleaguered founder of Faraday Future who fled China two years ago after running up massive debts, has stepped down as chief executive officer of …

They are still billionaires after making investments with Faraday Future co-founder and chief executive Jia Yueting. In 2015, Faraday Future made headlines for poaching talent from top automotive companies. Jia Yueting (Chinese: 贾跃亭; born 15 December 1973) , also known as YT, is a Chinese businessman who is the founder of Leshi Holding Group and the former CEO of Faraday Future. This is how its star CEO, Jia Yueting, went bankrupt. Jia Yueting chairs LeEco, which was formerly called Leshi Internet Information & Technology Beijing, a Chinese online video site.

[1] Desarrolla vehículos eléctricos inteligentes y soluciones de movilidad.