26 October 1976 (age 42)
|Alma mater||Harvard University, Massachusetts Institute of Technology (MIT)|
|Net worth||£1 billion (2018)|
Early life and educationEdit
Xia was born in Quzhou, Zhejiang. He began school at the age of four, with his parents telling the school he was six for legal reasons. At the age of 14, he left home to attend university in Beijing. He was amongst the first 25 of 1,000 selected to study abroad at Harvard (where he studied landscape design), the Massachusetts Institute of Technology (MIT) and a five-month exchange to study at Trinity College, Oxford in 1998–99.
In March 1999, Xia founded design company XWHO in Boston, co-owned by his then-girlfriend and one of his lecturers. The company relocated to Hangzhou, China where Xia started a planning company called Teamax, which he sold for £430 million.
Xia took over Chinese company Recon Group in 2004. The company is based in Beijing and Hangzhou and is the umbrella organisation for Xia's companies which operate in IT, health and agriculture, new energy and smart transportation, engineering and design, financial services, and sports, leisure, and tourism. Xia added he planned to invest in or buy football clubs in India, Spain, the USA, and Australia to create a new 'sports sector' within his portfolio.
In February 2017 Recon Group subsidiary Recon Holding agreed to purchase a 51% stake in Millennium Films, a Hollywood film studio specialising in action films including The Expendables series. Previous majority stakeholder and founder Avi Lerner will remain as Chief Executive Officer with Xia becoming chairman. This deal was later announced to be off in August 2017 due to the Chinese government clamping down on overseas business investments.
Aston Villa F.C.Edit
On 18 May 2016, it was announced that Recon Group had agreed to buy Aston Villa for a reported £60 million from American businessman Randy Lerner, with the club becoming part of Recon Group's Sports, Leisure and Tourism division. On 14 June 2016, the sale was completed for a reported £76 million after being approved by the Football League. Upon completion of the sale, Xia became chairman of the club.
Xia sold his majority stake in the club to NSWE in July 2018 and became a minority stakeholder and co-chairman. 
Xia has a home in Beijing. He has a wife, Sally, and one child. He became an Aston Villa fan after watching them at Villa Park during his time as a student at Oxford University. Xia played football at college as a striker.
Xia describes himself as a self-made millionaire. He describes his net wealth as "rather more" than a dollar billionaire, valuing some of his businesses the same as or more than Teamax which he sold for £430 million: "I own quite a lot of private businesses and I think I can sell some of them for the same amount or more." In 2018, his estimated wealth was £1bn.
Xia uses the English name Tony Xia.
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- "Chinese Firm Abandons $100M Acquisition of Avi Lerner's Millennium Films". Hollywood Reporter. Retrieved 11 April 2019.
- "Introducing Tony Xia | Latest News | Aston Villa". www.avfc.co.uk. Archived from the original on 19 May 2016. Retrieved 19 May 2016. Cite uses deprecated parameter
- "Club statement: Sale confirmed | Latest News | Aston Villa". www.avfc.co.uk. Archived from the original on 15 June 2016. Retrieved 14 June 2016. Cite uses deprecated parameter
- "Aston Villa: Wes Edens & Nassef Sawiris to make 'significant investment' in club". BBC Sport. Retrieved 15 August 2018.
- Maher, Matt (9 August 2019). "Tony Xia leaves Aston Villa with former owner's remaining shareholding wiped out". Express & Star.
- Kendrick, Mat (22 May 2016). "What Tony Xia's latest interview tells us about the Aston Villa owner". birminghammail. Retrieved 23 May 2016.