Chinese Billionaire : Zhou Qunfei
Zhou Qunfei (born 1970) is a Chinese entrepreneur who founded the significant touchscreen manufacturer Lens Modern technology. After the public listing of her business on the Shenzhen ChiNext market in March 2015, her total assets momentarily got to US$ 10 billion, making her the richest female in China.
Zhou Qunfei was birthed the youngest of 3 youngsters in 1970 to a poor family members in Xiangxiang, Hunan , China. Before she was birthed, her father, a previous soldier, came to be partially blinded as well as a finger in an industrial crash in the 1960s. A skilled craftsman, he sustained the family members by making bamboo baskets as well as chairs and also repairing bikes. Her mommy passed away when she was five. As a youngster she aided her family raising animals for food as well as tiny revenue.
Although she was the only one from her siblings to attend high school as well as showed guarantee as an intense trainee (her former middle-school teacher defined her as being a “hard-working as well as skilled pupil”), she dropped out at age 16 and relocated with her uncle’s family to become a migrant worker in Shenzhen, the unique economic zone in Guangdong province. While she quickly took into consideration pursuing a federal government task for its stability, she threw out the suggestion as a diploma would make it challenging to do so.
In Shenzhen she purposely chose to benefit firms near Shenzhen University, so she might take part-time courses at the college. She studied several topics and passed the exams to be certified for accounting, computer , customizeds processing, and even ended up being accredited for driving business vehicles. Her most significant remorse is not having researched English.
Although she dreamed of being a stylist, Zhou got a work a small family-run company making watch components for about 180 yuan a month. Displeased with the working problems, she made a decision to quit after 3 months and submitted a letter of resignation explaining her reasons, yet expressing thankfulness for the working opportunity. The letter moved the manufacturing facility principal to supply her a promo rather.
When the manufacturing facility folded up, she developed her very own company in 1993 at age 22, with her cost savings of HK$ 20,000 (~ USD$ 3,000). It was her relative who motivated her to begin on her very own business, and the business started with her brother, sibling, their spouses, as well as 2 cousins all functioning out of a three bed room home.
The company appealed to clients by promising higher-quality watch lenses. Here, Zhang took a hands on method and also involved herself in all parts of the business, including fixings and developing improved designs of manufacturing facility machinery. In 2001, she caught her big break when her company won a lucrative agreement to make mobile phone screens for the Chinese electronics gigantic TCL Company. Zhou Qunfei has actually specified that throughout the years she has started a total amount of 11 companies.