Richard Liu is the founder of, China’s largest online retailer. He started the company in 1998 when he was just 24 years old, and it has since become a household name in China. In addition to his work as CEO of, Richard Liu Qiangdong is also a major investor in several startups and venture capital funds. He is one of the most successful entrepreneurs in China, and his story is one that every business owner should know.

Richard Liu was born in Jiangsu Province, China, in 1974. He grew up in a small village and was the only member of his family to finish high school. After graduation, he worked as a cashier at a local grocery store before moving to Beijing to attend university. He graduated from Beijing University with a degree in sociology in 1996.

After graduation, Richard Liu began working for an online bookstore called Dangdang. He soon realized that the future of retail was online, and he set out to create his e-commerce platform. In 1998, he founded (360buy) with just $12,000 of seed money. The company started selling books online, but it quickly expanded into other categories.

Today, is a $30 billion company and one of China’s most popular online retailers. Richard Liu currently owns a controlling stake in the company, and he is worth an estimated $12.0 billion. He has been featured on Forbes’ list of billionaires for several years, and he was ranked #37 on the 2019 list.

Richard Liu’s story is an inspiration to entrepreneurs all over the world. He started with nothing but a dream and a few thousand dollars, and he built into one of the largest companies in China. If you’re looking to start your own business, there’s no better example to follow than Richard Liu.

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