Lu Guanqiu Explained

Lu Guanqiu
Birth Date:17 January 1945
Birth Place:Hangzhou, Zhejiang
Children:4
Occupation:Founder
Wanxiang Group
Alma Mater:Zhejiang University

Lu Guanqiu (;17 January 1945  - 25 October 2017) was a Chinese billionaire entrepreneur, and the founder of Wanxiang Group. He was the 18th richest person in China, according to the Hurun Report China Rich List 2013,[1] the 286th richest person in the world,[2] and reportedly the richest person in Zhejiang Province. He was a delegate to the Chinese National People's Congress.[3]

Early life

Lu was born in January 1945 in Xiaoshan,[4] [5] Hangzhou, Zhejiang, into a peasant family. When he was 15 years old, he dropped out of school and became an ironsmith.

Career

In July 1969, he co-founded a factory with six other farmers, producing small agricultural machines.[6] Lu later developed his factory into the present Wanxiang Group. It eventually became a large manufacturing conglomerate and a leading producer of automobile facilities and components.[7]

Lu was the president of the board of the Wanxiang Group. Their headquarters are in Xiaoshan District, Hangzhou, Zhejiang. Lu was also a part-time professor for the EMBA program at Zhejiang University. He also was awarded an honorary doctorate from the Hong Kong Polytechnic University.

According to the Forbes China Rich List (Chinese: 福布斯中国富豪榜), Lu was ranked No. 33 with 13.13 billion Chinese Yuan (approximately US$ 1.87 billion).[8] Lu was the richest individual living in Zhejiang Province.[9]

Personal life

Lu was married, with four children, and lived in Hangzhou.[10] He died on 25 October 2017, aged 72.[11]

References

  1. Web site: Hurun Report Profile. hurun.net. 25 October 2017. https://web.archive.org/web/20160811015947/http://hurun.net/EN/Entrepreneur.aspx?nid=18. 11 August 2016. dead.
  2. Web site: Hurun Report Global Rich List. hurun.net. 25 October 2017. dead. https://web.archive.org/web/20140808232251/http://hurun.net/EN/HuList.aspx?nid=26. 8 August 2014.
  3. Book: Freeland. Chrystia . Chrystia Freeland . Plutocrats : the rise of the new global super-rich. Plutocrats (book). 2013. Penguin Books. London. 9780141043425. 204.
  4. Book: Jin . Keyu . The New China Playbook . 2023 . Viking . New York . 9781984878281 . 92.
  5. News: 鲁冠球详细资料 . 26 August 2023 . 凤凰网.
  6. Web site: http://index.business.sohu.com/person/plist.php?userid=1818 . zh:鲁冠球. sohu.com. 25 October 2017. dead. https://web.archive.org/web/20110716102704/http://index.business.sohu.com/person/plist.php?userid=1818. 16 July 2011.
  7. Web site: http://finance.sina.com.cn/110/2004-05-14/85.html . zh:万向集团有限公司_明星公司_财经纵横_新浪网. finance.sina.com.cn. 25 October 2017.
  8. Web site: http://www.forbeschina.com/inc1/200711fortune.htm . zh:2007福布斯中国富豪榜. forbeschina.com. 25 October 2017. dead. https://web.archive.org/web/20080711153130/http://www.forbeschina.com/inc1/200711fortune.htm. 11 July 2008.
  9. Web site: http://www.zjuemba.org/bbs/read.php?tid=60. zh:浙江大学 EMBA. zjuemba.org. 25 October 2017. https://web.archive.org/web/20070815145628/http://www.zjuemba.org/bbs/read.php?tid=60. 15 August 2007. dead.
  10. Web site: Lu Guanqiu. Forbes. 25 October 2017.
  11. Web site: Entrepreneur Lu Guanqiu dies at 72 - Xinhua - English.news.cn. https://web.archive.org/web/20171026000220/http://news.xinhuanet.com/english/2017-10/26/c_136705833.htm. dead. October 26, 2017. news.xinhuanet.com. 25 October 2017.

External links

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