Richard Liu Qiangdong founded JD.com, and serves as its chairman and CEO (NASDAQ: JD). A modest kiosk in a market has developed into the world’s third-largest retail firm by revenue. Liu grew up in a slum in China’s countryside.
Despite the company’s $82.9 billion in revenues last year, Richard Liu was never too large for his boots. Although he is not a “celebrity CEO,” Fortune magazine named him one of the “World’s Greatest Leaders.”
In 2019, the company generated $82.9 billion in revenue, and Liu is estimated to be worth $12.7 billion. He aspires to transform traditional retail and internet purchasing while maintaining client trust and loyalty.
To achieve this goal, the corporation has spent significant money on artificial intelligence (AI), big data, and drones.
When communism became more popular in the late 1940s, Liu’s family was forced to relocate to Suqian, a prefecture-level city in the province’s north.
For many years, his aristocratic family has owned ships on the Yangtze River and the old imperial canal. These vessels transported products from Beijing to Hangzhou.
His Biography and Early Life
Qiangdong is a true entrepreneurial genius and recognizes the power in of broadening his horizons. Richard Liu himself is worth a staggering $11 billion. His success has skyrocketed with his company, JD.com.+
Liu was featured as an Honoree in Variety 500 entitled, “JD.com Richard Liu; Founder / Chairman / CEO”, as a result of his persistence, innovation, and hard work. During his free time, the billionaire loves to either spend time with his family or volunteering at Red Cross.
Liu was born in the late 1970s to poor farmers who struggled to care for him and his elderly grandparents. He was born in Chang’an, Jiangsu province, a small city located in China’s East.
There were also asphalt roads, running water, and power. From June through September, they ate cornmeal porridge, maize pancakes, and dry cornbread, which Liu Qiangdong claims can cause your neck to hemorrhage if consumed in large quantities.
While still in high school, Liu began applying to schools in Shanghai and Beijing. He believed that only living in a significant metropolis would help him achieve his goals.
Renmin University, formerly known as the People’s University of China, admitted him because he performed well on the entrance exams. Even though his family was poor, his friends and neighbors flocked to his rescue.
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