The Rise Of Chinese Billionaire Richard Liu Qiangdong

 

When counting the number of dollar billionaires China has to offer, then the name Richard Liu Qiangdong is without a doubt one of the names that will always be included in the conversations. And apart from having a huge net worth of close to $12.7 billion, the JD.com boss has also managed to keep himself very humble.

When he isn’t closing business deals worth billions and spending quality time with his beloved family, Richard Liu Qiangdong is often busy volunteering at Red Cross organized functions. This is attributed to his rather humble background and at the same time having the urge to always make people happy and satisfied

The Bumpy Road to Success

When it comes to having it rough in the entrepreneurship, we can safely agree that billionaire Richard Liu Qiangdong has hit more than his fair share of road bumps on his way up. For starters, the man barely survived the 2003 SARS pandemic that was responsible for wiping off a lot of businesses at the time. Read This Article to learn more.

When he was still a young and ambitious student at Renmin University in China, Richard Liu Qiangdong secured a loan to start a restaurant. Unfortunately for him, his business venture didn’t succeed as much as he had hoped, leaving him in debt. Thankfully, he was able to offset the financial burden working as a retailer dealing with health-related goods.

Once he was done with it, Richard Liu Qiangdong opened yet another business. This time around, he chose to deal exclusively with electronics and computer-related spare parts. By 2004, he founded JD.com, an e-commerce platform that would in 2018 be valued at an impressive $60 billion. He also made it known that the reason for his success was simply because he focuses on giving his esteemed clients what they want.

During his first visit at the recently held World Economic Forum Annual Meeting, the Chinese billionaire emphasized the importance of believing in an idea, in an interview entitled “An Insight, An Idea”. Despite all the drawbacks that he personally encountered, Richard Liu Qiangdong learned the importance of sticking to his initial ideas. This was despite the fact that he had to change his tact a couple of times.

 

More about Richard Liu Qiangdong on https://dentistry.uth.edu/directory/profile.htm?id=6826e3bd-18bb-4e2a-a87a-f3b9c93134d1

 

 

 

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