Richard Liu Qiangdong: Dreamer Turned Doer

Richard Liu Qiangdong, a name of considerable clout in the Chinese e-commerce market, is a visionary of unwavering ambition. During his formative years, Richard Liu was fully invested in his schooling. As he watched his coal-shipping parents expertly navigate the ins and outs of their trade, Richard Liu Qiangdong was even more inspired to hone his industry savvy. Echoing their success, Richard Liu attended a leading college where he earned degree in sociology. During his studies, Richard Liu unearthed his passion for computer coding and freelance programming. Soon thereafter, Richard Liu Qiangdong became enthralled by the vast Chinese business realm.

Japan Life was the first company to bring Richard Liu Qiangdong on board, and his time at this distinguished establishment helped shape leadership skills. In the two short years Qiangdong was with the organization, he graduated from an entry-level position to an executive role. When Richard Liu felt he was punching below his weight, he endeavored to reach entrepreneurial success. In 1998, Richard Liu did just that when he founded his own magneto optical product shop, Jingdong. The success that followed was overwhelming, albeit short-lived. When the SARS outbreak plagued Chinese citizens, seemingly every franchise went belly-up.

Eager to keep his company afloat, Richard Liu shifted his thinking, subsequently revolutionizing the business paradigm. Two years after the SARS epidemic hit China, Richard Liu Qiangdong was back on his feet. Jingdong had transitioned into an online platform, dubbed JD.com, and Richard Liu was amassing an outpouring of industry support. Experts estimate JD.com is currently worth $57.6 billion. Meanwhile, Richard Liu Qiangdong himself is reported to have a net worth of nearly $11 billion. These days, Richard Liu is forging business relationships with companies he forecasts are on the rise. WeChat is one such organization, and their partnership continues to blossom.

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