Chinese Furniture Tycoon Found Dead At Home

Wang Linpeng, the billionaire chairman and Godfather of China Furniture was found dead inside of his home .

His death comes at a time when his company, Easyhome, is facing ongoing regulatory scrutiny and mounting financial troubles.

According to news reports, it was reported that Wang's death was an accident as he fell to his death while he was at home.

His passing was subsequently confirmed on July 29 in an official stock exchange filing by Wuhan-based company Easyhome.

But the cause of his death was not specified in the filing.

Company Under Investigation

In April 2025, Wang was detained by Wuhan authorities over alleged “unspecified violations,” leading to a freeze on his company shares and widespread speculation about the regulatory case.

According to Lianhe Zaobao, investigations centered on whether Easyhome had executed a backdoor listing with another Wuhan-based company, potentially resulting in state-owned asset losses.

On July 23, just five days before his death, Easyhome announced that Wang’s detention had been lifted.

He was said to be “placed under supervision pending further investigation,” but had returned to his duties as CEO.

A Tycoon's Fall From Grace

Dubbed “the godfather of home furnishing retail” in China, Wang was previously Hubei province’s wealthiest individual, with a reported peak net worth of 36.8 billion yuan.

Most recently, he ranked 2,188th on the 2025 Hurun Global Rich List with an estimated fortune of 12.5 billion yuan.

News of Wang’s death has rattled China’s already-stressed home furnishing industry. Easyhome, which has faced declining profits for three consecutive years as China’s property market cools.

Easyhome's shares have also tumbled more than 17% this year—including a 3.4% drop following Wang's death was announced by the company.

Wang’s death marks the second high-profile fatality in China’s home furnishing sector this month.

On July 17, Zeng Yuzhou, founder of the renovation company Liangjiaju, also reportedly died in a fall. Shortly after the incident, Liangjiaju announced its closure.