Lui Qiangdong founded and still serves as the CEO of J.D.com the largest e-commerce business in China. Qiangdong is not precisely sure when he was born. Most likely sometime between March 1973 and February 14. His parents were hardworking employees of the coal shipping industry. He entered the adult world by obtaining a degree in sociology from Renmin University of China in 1996. While there, he also taught himself computer programming. It was also while there that he opened up a restaurant which failed in just a few months after opening. After also graduating with an EMBA from the China Europe International Business School, he got his first job with Japan Life.
During his time there he served in several different positions. His last, longest, and most important was as the director of computers. He left Japan Life in 1998 to open a store called Jingdong which specialized in selling magneto optical products. It became known for its authentic products when most Chinese technology stores just sold copies of authentic items. It soon became popular and top successful company that in just five years it had expanded into 12 stores. But that same year, 2003, success came to an end for many Chinese companies. That is the year that the SARS outbreak forced many shoppers and store staff to stay indoors unless absolutely necessary.
As a result, many brick-and-mortar stores were forced to close completely. In 2004, Qiangdong saved his by reinventing it into an online store which eventually was rebranded as JD.com. By late 2005 all of his brick-and-mortar stores were closed. JD.com began business by selling the same computer products as the physical stores but soon started selling all manner of items. Through the years it has partnered many companies in many industries. One of its largest stakeholders is Walmart which owns about 12 percent of the company. WeChat also owns a 15 percent stake in the company. It has been public for trading on Nasdaq in the US since 2015. It is currently known as “The Amazon of China.” Today, Qiangdong himself is estimated to be his net worth about $12.7 billion.
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It is hard to talk of business in Africa without mentioning Isabel dos Santos. She is an internetional icon in the world of business with an excellent education background. Forbes report showed that Isabel has approximately 2 billion dollars net worth, making her the top wealthiest businesswoman in Africa. Isabel was born of the late Jose dos Eduardo. He was the President of Angola but later chose to step down. As the eldest daughter, Isabel got a rare opportunity that only a few would. Isabel dos Santos had an opportunity to move to England for her studies. Isabel discovered she was special since most African women are usually set to abide by the tradition of the society.
They also get discouraged from partaking tertiary education in Universities or even participating in national development matters. Besides, most Africans can afford higher education for their children. The fortunate ones are those that make to high school. Isabel dos Santos was lucky to have different parents. They were barely ingrained in African traditions and cultures. Her father encouraged her to stick and abide by her business dreams. Isabel was interested in education. She joined one of the prestigious schools in the UK, King’s Collection London and acquired a degree in electrical engineering. It was during this time that he met the love of his life, Sindika Dokolo. He was a billionaire and son of a wealthy man in Africa.
After his graduation, Isabel dos Santos and Sindika married. Isabel finally became an entrepreneur and a successful businesswoman in Angola, her native country. She has invested heavily in Angola and Portugal firms. Amazingly, her investment boomed with tremendous success and helped her to establish many companies to hold assets and manage. Surprisingly, the assets have earned over $ 3 billion. Her investment wealth depends on money accumulation from earlier business deals and significant business decisions. At 45 years, Isabel is giving back to society and empower women in business. She is also helping women discover their worth and potential in a male-dominated society. Isabel dos Santos has a staunch belief that women are smart, knowledgeable, and intelligence, only that they are despised and never allowed to contribute to development matters. Thanks for her move.
Read more: http://jornaldeangola.sapo.ao/economia/isabel-dos-santos-rejeita-acusacoes-do-executivo