According to the bankruptcy company documents, Jia Yueting's monthly income was US $93810, about 640000 yuan, six months before submitting the bankruptcy application documents on October 14.
According to the disclosure, Jia Yueting's monthly income is mainly divided into two parts, of which $50000 comes from the column of 'salary, tip, bonus, overtime and Commission (before all salary deductions). Another $43810 is shown in the column 'net rental income and net rental income of other real estate (total income (before deduction))'.
Although his monthly income exceeds 90000 US dollars, at the same time, Jia Yueting also carries huge debts. Previously, according to the information released by Jia Yueting's debt treatment team, up to now, the total debt to be repaid by Jia Yueting is about US $3.6 billion. After deducting the frozen domestic assets to be disposed and the guaranteed debt convertible into shares, the net debt is about US $2 billion.
Jia Yueting's debt treatment team said that in order to fulfill his commitment to fulfill his responsibilities to creditors to the end, solve the personal debt problem better and faster, and give every creditor an equal opportunity to repay debt, Jia Yueting took the initiative to apply for personal bankruptcy reorganization in the United States (Chapter 11). As part of the personal bankruptcy reorganization plan, the creditor trust controlled and managed by the committee composed of creditors and the trust trustee will also be established at the same time, and all assets and related income of Jia Yueting determined by the U.S. court will also be transferred to creditors in this way. After the completion of the scheme, Jia Yueting will no longer hold any equity of Faraday future (FF).