Richard Liu Qiangdong is the CEO of one of the top ten most liquid market cap companies online today: JD.com. It sells billions of goods ranging from fashion to automotive to electronic goods and started out when Richard was selling computer parts around China. Richard Liu is considered as among the top entrepreneurs in the e-commerce industry. After launching his first online retail website sometime in 2004, he founded his JD.com only a year later.
In an interview in 2018 with Rubenstein titled “An Insight, An Idea”, Richard Liu told him that he started JD.com in 2004.
Now Liu’s worth an approximately estimated $10 billion and has a daughter that is two years old who knows nothing of the hard life that he endured to get to that point. He hopes that she will never know and just know what life she will want, because he grew up poor and hard-working like most of us. His grandma was sick, and he had to take care of her, so he went to college to try to get a better life for her.
Competition is fierce for Richard Liu. Many friends of his discuss protectionism in China and are feeling that it is harder for them to get into the United States than ever before. Protectionism is “quite serious there, and not a good thing. I hope that it will hurt the U.S. economy one day too and that we will be integrated.” Richard Liu hopes to leave something to China within the next century so that when he retires his people will be able to say that he is a good guy; He doesn’t think he will retire before he is 65. The thing that gives him the greatest pride is family. He really wants to be a good son, husband, father, boss, and good partner all around. “You do play different roles in life.” Find More Information Here.
His parents did transport on a canal in a struggling business, and so he left of the city to start a restaurant which failed belly-up. The lesson that he took away from that was to dedicate more time to the business, because at the time he was in college and focusing all of his energy on that. Before he went to university, he needed to make money. The life lesson was huge for Richard.
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