The heart soul and CEO of JD.com, Richard Liu Qiangdong sat down at the World Economic Forum to share his experience knowledge and thoughts with everyone, and as it always is when a billionaire shares his thoughts with you, the interview was fascinating and inspiring. Richard Liu Qiangdong explained the story of his journey telling audiences about how he first entered the world of business by playing an active role in his family’s business.
Richard Liu Qiangdong originally graduated with a degree in sociology however spent much of his time doing freelance coding work which as we all know would later come very handy. Liu Qiangdong also went on to explain his first big business venture which a reasonably big 12 shop chain at the time was that it faced terrible circumstances during the SARS epidemic and had to shut down due to its employees merely failing to show up.
It was after the failure of that venture that Richard Liu Qiangdong came up with the idea of online retailing. The concept which would later be known as JD.com which is currently one of the biggest online retailers in the world and has skyrocketed his net worth to $11 billion. Richard Liu also answered questions about his wealth. When asked whether having such an enormous amount in the bank results in more luxury or burden Richard Liu simply responded it results in more responsibility. Click Here to learn more.
JD.com is currently at the heart of online shopping all over China and also a very big company in the field of e-commerce worldwide. Richard Liu Qiangdong explained his vision to grow this company to be the biggest online retailer in the entire world and use the company’s growth to China’s interests and help build the Chinese economy and expressed a firm belief that they are very likely to achieve this goal in the future. Thse $57.6 billion net worth company has been operating online since 2004 and has had continuous growth ever since and shows no signs of letting up making it a strong possibility for Richard Liu’s visions to come true.