Chuanzhi liu biography sample

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10 Influential Chinese Entrepreneurs

China has quickly become a global powerhouse in terms of economic output and growth. Formerly a communist economy, the Chinese government has loosened its stance regarding private ownership and the ability to create a private business. As a result, many of the world's millionaires and billionaires are now found in China, where, unsurprisingly, technology start-ups dominate the entrepreneurial landscape.

Key Takeaways

The list of top Chinese entrepreneurs is topped by people with technology backgrounds.
These entrepreneurs created computer companies, e-commerce websites, and even food and drink companies.
There are many more successful Chinese entrepreneurs in many other industries.

Influential Chinese Entrepreneurs

Many of China's millionaires and entrepreneurs come from a tech background, which makes sense, given their access to low-cost electronics. However, many influential entrepreneurs on this list made their money in traditional businesses, like energy supply and mining.

Liu Chuanzhi

Net worth: $609 million (as of October 2024)

Liu founded the personal computer (PC) maker Lenovo (LNVGY). Created in 1984 in a garage near the Chinese Academy of Sciences in Beijing as a small computer reseller, Lenovo i

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Chuanzhi Liu

Chairman of Legend Holdings Corporation and
Founder and Honorary Chairman of Lenovo

Mr Chuanzhi Liu is Chairman of the Board and Chair of the Executive Committee of Legend Holdings; Chairman of Legend Capital, Hony Capital and Raycom Real Estate; Founder and Honorary Chairman of Lenovo.

After founding Lenovo, in 1984, with a mere RMB 200,000, Mr Liu led it forward, to continue growth, and lay a solid foundation for its future. In his role as a leader, he helped Lenovo break with traditional concepts that had restrained Chinese scientists and researchers for a long time, and he was a pioneer in developing a Chinese approach to the commercialization of technology. He pushed the Lenovo acquisition of IBM’s PC Division, which made Lenovo a global company and a valuable example for other Chinese companies wanting to go global. In February 2009, he returned to the chairmanship to help the company get through its most difficult period and turn the business around. Thanks to him, Lenovo prevailed in the competition against multinationals and became a world leader in the PC and PC+ industry. In November 2011, he retired as Lenovo’s chairman and began to focus on the new businesses of Lenovo’s parent, Legend Holdings.

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