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Wang Wenjing – Billionaire

Wang Wenjing (birthed 1964/1965) is a Chinese billionaire entrepreneur, chairman of Yonyou, a Chinese firm in accountancy software application as well as ERP software application.

He was birthed in Shangrao, in Jiangxi , the boy of an inadequate farmer. An outstanding pupil, he won an area at Jiangxi College of Money as well as Business economics aged 15.

On college graduation, he was provided a work in Beijing to “establish economic software program for the State Council’s federal government workplaces management”. Matured 24, he surrendered and also with some schoolmates began UFSoft with $5500 that they .

Since October 2015, Forbes approximated his total assets at US$ 2.7 billion.

When Deng Xiaoping told his startled countrymen that “to get rich is glorious” two decades ago, he might have had someone like Wang Wenjing in mind. The 36-year-old software entrepreneur, who grew up an impoverished farmer’s son, has built Beijing-based UFSoft— whose transliterated Chinese characters stand for “user’s friend”–into one of China’s most successful financial and accounting software companies. Last year, Wang floated UFSoft on the Shanghai stock exchange, earning $602 million for his 55.2% stake in the company. Even though his paper worth has since dropped to $304 million, Wang is still one of China’s richest people.

Source:

  1. Wikipedia
  2. bloomberg

 

 

 

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