Liu Qiangdong’s net worth
Liu Qiangdong’s net worth: Liu Qiangdong, also known as Liu Qiangdong, is a Chinese businessman with a net worth of $7.9 billion. Thanks to the rapid development of JD.com, Liu Qiangdong has become one of the top entrepreneurs in China’s e-commerce market. Back in 1998, Mr. Liu started his first business in Beijing as a distributor of magneto-optical products.
He started the company with $2,000 worth of personal savings. Six years later, he launched his first online retail site, eventually known as JD.com. He reportedly paid $5 million for the JD.com domain name. Since then, the company has grown, attracting investors including venture capital firm Sequoia Capital and funds controlled by Saudi Prince Alwaleed bin Talal. Mr. Liu owns 17% of companies currently traded on the Nasdaq Stock Exchange. Walmart owns 10% of the company, and in June 2018, Google acquired a 1% stake for $500 million. JD.com has 300 million active users and generates $55 billion in annual revenue. It is one of the 20 largest websites on the planet. Liu Qiangdong has been married to Chinese social media celebrity Zhang Zetian since 2015. They have two children.
