When Richard Liu was young he experienced more than what the average kid experienced. He was raised in poverty, by his grandmother. Teaching him as much as she could about values, hard work and respect Liu learned the hard way that nothing comes easy in life. When Liu grew older he realized that hard work and saving money was not the only pathway to success, but it was also about making the right choices. It was about being able to recalculate and adapt to environments that were constantly changing.
Richard Liu Qiangdong tried a few things in his life, when it comes to business ventures, some could only be looked at as life’s lessons. One of those undertakings was the opening of a restaurant. The restaurant fell short of meeting goals, and venture fell short. Another idea that Liu decided to follow was the selling of health products. Richard Liu Qiangdong learned the hard way, that this particular business commitment was also not meant to be.
About 6 years prior to SARS hitting the region, Liu decided to take on a new venue, that venue just happened to be the selling and marketing of computers. In 1998, Liu’s primary way of selling computers were in brick and mortar. However, during the epidemic, it seemed negligent to have employees exposed day after day. So Richard Liu Qiangdong decided to make a very adventurous and perhaps a financially dangerous move and take his business online.
Changing the name of his company from Jingdong, to JD.com, Richard Liu took the chance of a life time. This move could be said to be one of the best moves Richard Liu Quiangdong has ever made for his self, his family and his future. The company is now worth more than $57 million and is steadily growing.
Follow Liu via twitter
Over the course of their careers, Jay Z and wife, Beyonce, have risen to the forefront of the music industry, and with the introduction of their music streaming platform Tidal, as well as their combined billion-dollar net worth, they have used their status and wealth to elevate those closest to them. In what is often referred to as the Hova Circle of Influence, the team of close friends and business partners, have also played an integral role in the power couple’s continued success – most notably, OG Juan Perez, and wife, Desiree “Dez” Perez.
Recently, Jay Z and Beyonce released a surprise album, devoid of any prior marketing, on Tidal, and throughout the album, an underlying theme persists – loyalty and friendship. Since meeting with Jay Z over two decades ago through a mutual associate, Jay-Z’s former business partner, Kareem “Biggs” Burke, OG Juan has played a substantial role in the trajectory of the mogul’s career. According to OG Juan, there was an immediate connection between the two, which has solidly stood the test of time, as the rapper consistently laments in his work. OG Juan and wife, Dez Perez are often name-dropped on Jay-Z’s verses, including, most recently on their latest release, “The Carters: Everything is Love” on a track entitled, “Friends.”
One of their first successful ventures outside of the music industry occurred with the opening of the first 40/40 sports bar in 2003 and has since become, not only a lucrative venture but an iconic hotspot within the entertainment industry. OG Juan’s wife, Dez Perez is also equally involved with the Hova Circle of Influence, acting as Chief Operating Officer of Roc Nation. Mrs. Perez is also the mastermind behind the contracts negotiated at Tidal, as well as the key player in the groundbreaking deal between Rihanna and Samsung during her Anti Tour.
Chris Burch is a renowned businessman who operates the best hotel in the world as voted by the Travel + Leisure Magazine in 2016 and 2017. The hotel which is known as the “Nihi Sumba Resort” is located in a place called Nihi in Sumba Island, Indonesia. Chris Burch established the hotel in 2015 after buying the premises, which was a smaller hotel before transforming it into a five-star resort. The Sumba Island is marked by an exclusive surfing destination, which is what attracted the earlier investors after discovering the island. What’s more, besides being a hotelier, Chris Burch who is a billionaire also excels in the fashion industry and other businesses as well.
History of the Sumba Island
The Sumba Island was discovered by the Portuguese island back in the 16th century where it was known as the Sandalwood Island. It remained unexploited since it lacked the natural resources, hence unaffected by the modern civilization. Consequently, because of its lack of exploration and disassociation from its surroundings, the land remained with a rich culture where its Sumba people, though backward have a wealth of authentic culture. Further, the island was later discovered in the 1980s by a couple that was known as the Graves who were exploring the island in pursuit of the perfect wave as they were surfers. With the discovery of the beauty of the island and its great surfing waves, the Graves established a resort that was later bought by Chris Burch (https://www.instagram.com/jchristopherburch).
About Chris Burch
Chris Burch’s origins stem from Pennsylvania, the United States where he was brought up and educated. Today, he is a prominent businessman who is the founder and CEO of numerous companies that include Burch Creative Capital (Linkedin.com). He has been in business for the last four decades and has made a name for himself as a successful investor and entrepreneur. He has managed to establish over 50 companies by incorporating his marketing skills through studying the consumer behavior and leveraging on creating strong brands. Additionally, Chris Burch is the co- founder of the Tory Burch fashion brand and is currently interested in other fields that include hospitality, financial services, consumer products, and technology based on entrepreneur.com.