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Zhou Qunfei – Billionaire

Zhou Qunfei (Chinese: 周群飞; birthed 1970) is a Chinese business owner that started the significant touchscreen manufacturer Lens Modern technology. After the general public listing of her firm on the Shenzhen ChiNext market in March 2015, her total assets momentarily got to US$ 10 billion, making her the wealthiest female in China.
Early life

Zhou Qunfei was birthed the youngest of 3 kids in 1970 to an inadequate family members in Xiangxiang, Hunan province, China. she was birthed, her daddy, a previous soldier, came to be partly blinded as well as a finger in a commercial crash in the 1960s. A proficient craftsman, he sustained the family members by making bamboo baskets and also chairs as well as fixing bikes. Her mommy died when she was 5. As a kid she assisted her family members raising pets for food as well as little earnings. Although she was the just one from her brother or sisters to participate in senior high school and also revealed pledge as a brilliant trainee (her previous middle-school educator explained her as being a “tireless as well as skilled pupil”), she left at age 16 as well as relocated with her uncle’s family members to end up being a migrant employee in Shenzhen, the unique financial area in Guangdong district. While she quickly took into consideration seeking a federal government task for its security, she threw out the concept as doing not have a diploma would certainly make it challenging to do so.

In Shenzhen she intentionally preferred to benefit firms near Shenzhen College, so she can take part-time programs at the college. She researched numerous topics as well as passed the assessments to be accredited for accountancy, computer system , customizeds handling, or even came to be certified for business lorries. Her greatest remorse is not having actually examined English.
Job

Although she imagined being a designer, Zhou obtained a work benefiting a little family-run company making watch components for regarding 180 yuan a month. Displeased with the working , she chose to give up after 3 months and also sent a letter of resignation discussing her factors, yet revealing thankfulness for the functioning chance. The letter relocated the factory principal to use her a promo .

When the manufacturing facility folded up, she developed her very own business in 1993 at age 22, with her cost savings of HK$ 20,000 (~ USD$ 3,000). It was her relative that motivated her to begin on her very own company, as well as the firm started with her sibling, sibling, their partners, as well as 2 relatives all functioning out of a 3 room home. The firm interested clients by promising higher-quality watch lenses. Below, Zhang took a hands on technique as well as included herself in all components of the business, consisting of fixings and also developing better layouts of equipment. In 2001, she captured her big break when her business won a lucrative agreement making smart phone displays for the Chinese electronic devices large TCL Firm.

Zhou Qunfei has actually mentioned that throughout the years she has actually begun an overall of 11 firms.

Zhou Qunfei is the richest self-made woman billionaire in the world, according to new data, after her predecessor plummeted from billions to zero when she was sued for fraud.

Zhou, the 47-year-old founder of Lens Technology, which makes glass screens for iPhones, instantly became a multi-billionaire when her company went public in 2015.

She is estimated to be worth $9.2 billion, found Bloomberg and reported by Time. Her company is worth around $11 billion.

Her number one status replaces Elizabeth Holmes, the 33-year-old founder of healthcare tech firm Theranos, who was worth $4.5 billion but lost her cash when she was sued for fraud.

 

Source :

  1. Wikipedia
  2. celebritynetworth

 

 

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