Here, we are going to share the list of 10 Highly Influential Chinese Entrepreneurs. This post is written in accordance with the research shared by Insider Monkey in their blog. According to Insider Monkey:
“The People’s Republic of China has evolved into one of the richest countries of the world in just a few decades. According to data published by the World Bank in 2019, the Gross Domestic Product or GDP of China has had a sharp increase since 1990, with the number climbing almost exponentially. David Mann, global chief economist at Standard Chartered Bank, commented on this rapid economic growth, stating that “From the end of the 1970s onwards we’ve seen what is easily the most impressive economic miracle of any economy in history”.”
As the trade amongst countries increased, the interest of the Chinese public in entrepreneurship also increased. An entrepreneur is a person who is engaged in the act of starting and running a business by bearing the impacts of risks with the hope to gain profit. The good business idea possess the power and potential to earn millions by reaching to that particular point where consistent profits can be generated for long term.
Now, without any delay, let’s start with the list of entrepreneurs. The first one on the lis is Li Shufu. Li Shufu is the owner of Geely which is the car manufacturing company. He was born on 25th June, 1963. The company is functioning for the last 34 years. Geely at present is the 2nd biggest private automobile company in China that has sole around 1,320,217 units in the year 2020. Volvo brand was acquired by Geely in 2008 which was operating under Ford Motor Company. Along with this, some shares of Mercedes-Benz were also bought by the company. However, the dream of Li is more than merely the manufacturing of cars. His company, in the year 2020, announced to developed a satellites network to offer high-positioning services. The net worth of Li is $22.3 billion.
Next on the list is Cao Dewang who is running a glass manufacturing company, Fuyao Glass. He was born in May 1946. He became an international entrepreneur when his company made investment in the car glass plant located in Ohio. The movie “American Factory” has documented this particular move in 2019. In this film, the life story of Cao Dewang was shown that how he became a billionaire and offered employment to more than 2000 Americans in Ohion which is a small city. His net worth is around $5 billion. You can read more about these entrepreneurs by directly jumping to 12 Most Influential Chinese Entrepreneurs.