From Obscure Beginnings, Liu Raised Himself To Top Of Business World

Richard Liu Qiangdong has been the chairman of one of China’s most successful e-commerce companies and retailers since 2004 earning him billions, but Liu Qiangdong is a man who never forgets his humble origins.

He was born as raised in Chang’an in China’s Jiangsu province. It was a tiny village with practically no modern amenities, such as electricity and running water. His parents were hard-working people with a glorious past that had long since faded. Once a clan of wealthy traders along the Yangtze, Liu’s family were eking out a living as rice farmers.

However, Qiangdong was born with the natural gifts of a sharp and inquisitive mind and a driving work ethic to succeed at something that was greater than himself. An excellent student, he was able to complete his primary studies and gain acceptance into the prestigious Renmin University of China. He took up a degree in sociology. Because Renmin was an institution well-known for powerful political connections, one might have expected Liu to take up his sociology degree and pursue perhaps a political or government career.

But Richard Liu discovered a passion for computers during his college years. He taught himself programming and coding on the side. This skill soon enabled him to offer his services to others and earn him considerable side income.

Liu completed his degree and embarked on a career in business. His first foray into establishing an enterprise quickly resulted in disaster. A restaurant he opened with high hopes when bust just months later, leaving him in debt. Read this article for more information.

Richard Liu Qiangdong never looked back, however. After his restaurant closed, he took a job with a Japanese firm. Before long, he was self-starting again, this time opening a business selling magneto-optical equipment. His new operation was a success. Liu Qiangdong would go on to establish one of the first giant e-commerce retail sites in China, JD.Com.


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