Yang "Sonny" Xiao (), born in

Beijing } Beijing ( ; ; ), alternatively romanized as Peking ( ), is the capital of the People's Republic of China. It is the center of power and development of the country. Beijing is the world's most populous national capital city, with over 21 ...

, is the vice-president of

Nenking Group Nenking Group (), or Nanhai Nenking (), is a Chinese conglomerate founded on 28 March 1998 and based in Foshan, Guangdong, providing Real Estate, Property Management, Financial, Sports Culture, Pharmaceuticals, Investment Abroad, Trade Purchas ...

, in charge of Sport Culture.

Early life

Xiao was born in

, China. Xiao's father is Xiao Tian (), former Deputy Director of the

General Administration of Sport of China The General Administration of Sport () is the government agency responsible for sports in mainland China. It is subordinate to the State Council of the People's Republic of China. It also administers the All-China Sports Federation and Chinese Oly ...

Education

In 2005, Xiao earned a bachelor's degree from

Southern Methodist University , mottoeng = "The truth will make you free" , established = , type = Private research university , accreditation = SACS , academic_affiliations = , religious_affiliation = United Methodist Church , president = R. Gerald Turner , prov ...

United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...

. In 2012, Xiao earned an MBA.

Career

In 2006, Xiao was in charge of Department of Business Development / Government Relations of

Ticketmaster Ticketmaster Entertainment, Inc. is an American ticket sales and distribution company based in Beverly Hills, California with operations in many countries around the world. In 2010, it merged with Live Nation under the name Live Nation Entert ...

China, which was the exclusive ticketing agent of

2008 Summer Olympics The 2008 Summer Olympics (), officially the Games of the XXIX Olympiad () and also known as Beijing 2008 (), were an international multisport event held from 8 to 24 August 2008, in Beijing, China. A total of 10,942 athletes from 204 Na ...

. In 2010, Xiao joined "

Texas Legends The Texas Legends are an American professional basketball team in the NBA G League based in Frisco, Texas, and are affiliated with the Dallas Mavericks. The Legends play their home games at the Comerica Center. The team began as the Colorado 14 ...

" owners and became the first Chinese-born owner in

NBDL The NBA G League, or simply the G League, is the National Basketball Association's (NBA) official minor league basketball organization. The league was known as the National Basketball Development League (NBDL) from 2001 to 2005, and the NBA Dev ...

. "

" is a

team under "

Dallas Mavericks The Dallas Mavericks (often referred to as the Mavs) are an American professional basketball team based in Dallas. The Mavericks compete in the National Basketball Association (NBA) as a member of the Western Conference (NBA), Western Conferenc ...

". In 2013, Xiao joined "

Morgan Stanley Morgan Stanley is an American multinational investment management and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City. With offices in more than 41 countries and more than 75,000 employees, the fir ...

Huaxin Serurities" as IBD vice-president. In 2014, a file of "employment status of senior officer's children by

Huaxin Serurities" was uploaded to the internet, showing that Sonny Xiao is the son of Xiao Tian, the Deputy Director of the

at that time. In 2015, Xiao turned to Hony Capital. His father Xiao Tian was "double-expelled" (means expelled from the CPC and public official work) in the same year. In 2017, Xiao joined

as the vice-president in charge of Sport Culture. He also became the president of basketball operations for the

Guangzhou Long Lions The Guangzhou Loong Lions () are a Chinese professional basketball team based in Guangzhou, Guangdong. They play in the Southern Division of the Chinese Basketball Association (CBA). History The team was founded in November 2000 as Shaanxi Gai ...

. In 2018, Nenking purchased a seat for

Guangzhou Guangzhou (, ; ; or ; ), also known as Canton () and alternatively romanized as Kwongchow or Kwangchow, is the capital and largest city of Guangdong province in southern China. Located on the Pearl River about north-northwest of Hong Kon ...

in the

Overwatch League The Overwatch League (OWL) is a professional esports league for the video game ''Overwatch'', produced by its developer, Blizzard Entertainment. The Overwatch League follows the model of other traditional North American professional sporting lea ...

. This investment was led by Sonny Xiao and was considered as a milestone of China

eSports Esports, short for electronic sports, is a form of competition using video games. Esports often takes the form of organized, multiplayer video game competitions, particularly between professional players, individually or as teams. Although orga ...

' professionalization and commercialization. He also became the CEO of the team later on.

Personal life

Xiao's father Xiao Tian was sentenced to ten and a half years in prison on December 26, 2016 for

corruption Corruption is a form of dishonesty or a criminal offense which is undertaken by a person or an organization which is entrusted in a position of authority, in order to acquire illicit benefits or abuse power for one's personal gain. Corruption m ...

References

External links

* * * {{DEFAULTSORT:Xiao, Sonny Living people Nenking Group Year of birth missing (living people)