How Richard Liu Became Successful Regardless Of Facing Different Challenges When Growing Up

Everyone that plans to start a business can learn something from Richard Liu Qiangdong, one of the most successful entrepreneurs globally. He’s the founder and CEO of, which is one of the biggest e-commerce platforms in China, with a net worth of 57 billion dollars.

Many business people admire Richard for his quality entrepreneurial skills. A significant percentage of those who know Liu rank him among the most successful businesses because he did not start his business with huge capital like most successful entrepreneurs globally.

Liu Qiangdong started his business with a small amount of money that he had saved for several years and made it successful within a short time. Liu’s misfortunes began when his parents lost their wealth and took up a business that could not raise enough money to fund a decent life. They even had to move to a remote area because they could not afford the expensive city life. With all the hardships, Liu knew that his only hope was to work hard in his studies.

Therefore, Richard Liu dedicated more time to his studies, which enabled him to perform exceptionally in school. That was the turning point of his career because he got a chance to visit developed cities for his higher education. However, by the time Liu joined college, his parents had not managed to overcome their financial problems. Luckily, most people in the village believed that Liu would rescue them someday. Therefore, they contributed some money that enabled Richard to study in college.

Qiangdong continued with his exceptional performance in the university. However, apart from the course he chose to study in college, he also took computer-programming classes. The computer skills he learned played a significant role in the success he enjoys today. The skills enabled him to get a job that earned him money to provide his parents with a decent life. He also saved some money at the end of every month, which he used when starting his company.

Richard’s business grew faster within a short time, making it one of the most successful companies globally. That earned him recognition for his accomplishment. As a result, many organizations awarded him for his success as a businessperson and a leader. Click here to learn more.

Liu was even featured as an Honoree in Variety 500 entitled, “ Richard Liu; Founder / Chairman / CEO”, as a result of his persistence, innovation, and hard work. During his free time, the billionaire loves to either spend time with his family or volunteering at Red Cross.


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