Since ancient times, China's wealth has been concentrated in the southeast, and of course, most of the rich are also from several southeastern provinces. Now the new richest man in Southeast China has also been born, and this person is Liu Qiangdong, the boss of JD.com.
Many people say that Internet tycoons have no real strength, they are only paper wealth. But this does not apply to Liu Qiangdong. Because Liu Qiangdong now not only has stock assets, he also has a lot of cash assets. He cashed out another 500 million shares of JD Health and got 500 million in cash. In recent years, he has cashed out more than 60 billion yuan from many companies such as JD.com and JD.com.
It is equivalent to saying that Liu Qiangdong now has at least more than 60 billion in cash. Of course, Liu Qiangdong's assets are more than that. He also holds more than $100 billion in listed assets. Liu Qiangdong also currently holds more than 12% of JD.com's shares.
The value of this part of the stock is also as high as more than 100 billion. At its peak, JD.com's market value reached more than 1 trillion, and JD.com's market value is expected to continue to rise. Many people may say that it is useless even if JD.com's market value rises, unless Liu Qiangdong, like Jack Ma, plans to retire. Otherwise, Liu Qiangdong's reduction of shares will affect his control over the company.
However, many people do not know that JD.com is actually an AB-share system, which means that Liu Qiangdong's reduction will not affect his voting rights. At present, Liu Qiangdong only has more than 12% of JD.com's shares, but his voting rights are close to 90%.
Control of JD.com remains firmly in Mr. Liu's hands, and as long as he does not reduce his holdings of shares with voting rights, he can still control JD.com.
In addition to JD.com, Liu Qiangdong also has shares in JD.com Health, JD Logistics and other JD.com listed companies. It's also a stealth asset. In addition, Liu Qiangdong has a hidden asset. Many people may know that 2 years ago, a company called JD Digital almost went public.
However, later because Jack Ma's Ant Financial failed to go public, it naturally affected JD Digital, which also does financial business. So the company temporarily abandoned the listing and changed its name to JD Technology. At present, the share structure of JD Technology is announced, and Liu Qiangdong's personal shareholding exceeds 8%.
JD Technology may be valued at around 500 billion, so the shares held by Liu Qiangdong are worth tens of billions. This company will also go public sooner or later in the future. After the company goes public, Liu Qiangdong's shares can also be realized. At the same time, the largest shareholder of JD Technology is also JD.com Group, holding more than 40% of the shares. If JD Technology is successfully listed, it will also be a huge help to the increase of the market value of JD Group, and the market value of JD.com is expected to continue to rise.
Then Liu Qiangdong's personal net worth will also continue to rise. Ma Yun has retired, but Liu Qiangdong does not mean this. Because Liu Qiangdong is more than ten years younger than Ma Yun, and Ma Yun has reached the peak. There is still a big mountain ahead of Liu Qiangdong that needs to be conquered.
Liu Qiangdong's goal has always been to surpass Ali with JD.com, and there is still a gap between JD.com and Ali. The key point is that JD.com itself has been catching up with Ali, but JD.com itself has a lot of problems. After JD.com went public in 2014, many people were expecting JD.com to make a large-scale profit.
Liu Qiangdong himself also said that with the scale of JD.com, less than 10 billion is not a profit. But in fact, before 2022, JD.com is still losing money most of the time. Last year, Liu Qiangdong also reformed JD.com, strictly controlling costs in internal management, and also reducing the salary of executives. After a series of adjustments, JD.com has finally achieved profitability, with a profit of more than 20 billion last year.
However, Liu Qiangdong must also normalize profits and solve JD.com's internal problems first, so that he can catch up with competitors. So Liu Qiangdong will definitely not retire now, his goal has not been achieved, and he still needs to continue to work hard. As long as Liu Qiangdong does not retire, his assets are likely to continue to rise, and it is also possible to become China's richest man in the future.