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Ren Zhengfei – Billionaire

Ren Zhengfei 2014.jpg

Ren Zhengfei (Chinese: 任正非; pinyin: Rén Zhèngfēi; b. 1944 in Zhenning County, Guizhou, China) is a Chinese businessman. He is the founder and president of Huawei Technologies Co. Ltd., headquartered in Shenzhen, Guangdong, and an ex-People’s Liberation Army officer. Hurun Report listed Ren as the 556th richest person in China in 2013 with private assets of approximately $590 million USD.

Biography

Ren’s grandfather was from Jiangsu province and was a master chef who was an expert in curing ham in neighbouring Zhejiang province. His father, Ren Moxun (Chinese: 任摩逊; pinyin: Rén Móxùn), failed to complete university studies when his grandfather died a year prior to his graduation.

During the Japanese occupation, his father migrated south to Guangzhou to work in a Kuomintang government arms factory as an accounts clerk. After 1949, his father was appointed as the president of No. 1 Middle School of Duyun (Chinese: 都匀一中) where he met Ren Zhengfei’s mother; the elder Ren became a member of the Communist Party in 1958. His mother was a senior teacher at the No. 1 Middle School of Duyun.

After completing secondary school, Ren Zhengfei attended the Chongqing University in the 1960s, and then joined the People’s Liberation Army (PLA) research institute to work as a military technologist reportedly in the PLA’s Information Technology research unit. During his time in the PLA, Ren did not hold military rank. He was excluded from joining the Communist Party of China for most of his career in the military, due to his parents’ social background and their ties to the Kuomintang. During this time, Ren was responsible for a number of technology achievements that were recognized at various levels. For this reason, Ren was selected as a delegate from PLA to attend the National Science Conference in 1978. In 1982, Ren retired from the army due to a large PLA workforce reduction which impacted 500,000 active duty personnel. In 1983, after becoming a civilian Ren moved to Shenzhen and worked in the electronics business.

Ren Zhengfei
Ren in 2014
Native name 任正非
Born 25 October 1944 (age 72)
Zhenning County, Anshun, Guizhou, China
Nationality China
Occupation Businessman
Known for Founder and president of Huawei Technologies Co., Ltd.
Children Cathy Meng (Huawei’s CFO)

Source:wikipedia

 

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