Lu Guanqiu, born in 1945, was the founder of Wanxiang Group, one of China's largest conglomerates with over 40,000 employees. The company has interests in real estate, agribusiness, finance, and auto parts. His son Lu Weiding has personal investments in Huayi Brothers Media, and his son-in-law Ni Pin runs Wanxiang America Corporation in Chicago. Lu Guanqiu passed away in October 2017, leaving behind a legacy of success.
Lu Guanqiu is a member of Diversified
Lu Guanqiu, famously known as Diversified in China, is predicted to have a net worth of approximately $5.7 billion in 2024. With his extensive business ventures and diverse investments, Guanqiu has established himself as one of the richest individuals in China. His exceptional entrepreneurial acumen has allowed him to amass a substantial fortune through various industries, including manufacturing, real estate, and finance. Renowned for his strategic thinking and ability to spot lucrative opportunities, Guanqiu's net worth continues to soar as he expands his empire and remains a prominent figure in the Chinese business landscape.
2009
$1.3 Billion
2010
$2.4 Billion
2011
$3.1 Billion
2012
$2.6 Billion
2013
$3.1 Billion
2014
$3.5 Billion
2015
$5.1 Billion
2016
$5.7 Billion
2017
$5.7 Billion
2018
$5.7 Billion
Some Lu Guanqiu images
Biography/Timeline
1945
Lu was born in January 1945 in Yuhang, Hangzhou, Zhejiang Province, into a peasant family. When he was 15 years old, he dropped out of school and became an ironsmith.
1969
In July 1969, he co-founded a factory with six other farmers, producing small agricultural machines. Lu later developed his factory into the present Wanxiang Group. It eventually became a large Manufacturing conglomerate and a leading Producer of automobile facilities and components.
2017
Lu was married, with four children, and lived in Hangzhou, China. He died on 25 October 2017, aged 72.