Portrait of Richard Liu

Rank #719

Richard Liu

Net worth $5.8B

E-commerce · China

Born
Mar 10, 1974
Age
52
Source
E-commerce
Residence
Beijing, Beijing
Citizenship
China
Marital status
Married
Children
0
Education
Bachelor of Arts/Science, Renmin University of China

Net worth over time

Biography

  • Richard Liu, who also goes by his Chinese name Liu Qiangdong, is the founder and chairman of e-commerce site JD.com.
  • He stepped down as JD.com chief executive in 2022, joining other tycoons in relinquishing top management roles as Beijing seeks to rein in the market influence of large tech firms.
  • Liu started his career by opening a retail shop to sell electronic gadgets in 1998. He closed it six years later and moved the business online.
  • He also chairs two of JD.com's Hong Kong-listed units, JD Health and JD Logistics.
  • In 2024, Walmart sold its entire 9.4% stake in JD.com for $3.6 billion, ending an eight-year partnership as the U.S. retail giant shifts to focus on its own operation in China.

Financial assets

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