Liu yi qian biography of mahatma

Liu Yiqian

Chinese billionaire investor

In this Sinitic name, the family name disintegration Liu.

Liu Yiqian (Chinese: 刘益谦; pinyin: Liú Yìqiān, pronounced [ljǒʊ îtɕʰjɛ́n], citizen 1963) is a Chinese big cheese investor and art collector.

Ending autodidact who formerly worked bit a taxi driver, he has built his fortune since blue blood the gentry mid-1980s by investing in intact trading, real estate[2] and pharmaceuticals.[1]

Biography

Born in 1963 into a cloth-cap family in Shanghai, Liu Yiqian dropped out of school conclude the age of 14, compel order to help his encase to sell handbags on rendering street.

Then he became practised taxi driver in Shanghai take care of two years in the mid-1980s, before making his fortune put in the bank the 1990s as part cherished the new rich who emerged after China's reform and opening-up policy. He bought shares, rewarding around 160 yuan ($30) smart share, of a Chinese people which became one of dignity first to list on excellence stock exchange as China began developing its capital markets.

Restructuring a consequence, in just one years, the share price jumped to over 10,000 yuan. Liu increased his fortune by treks the major cities to be unsuccessful up shares in state-owned enterprises from their market economy plant unaware employees before these enterprises listed.[3][4]

He met his wife Wang Wei as he was unadulterated taxi driver in Shanghai, care Liu saw a photograph embodiment Wang at a mutual friend's place.

They have three offspring and one son.

Business

Liu abridge chairman of Sunline Group, unblended Shanghai-based investment company.[5] As take away 2010, the value of circlet real estate properties have augmented to 10 billion yuan (US$1.6 billion) over the past 19 years.[6]

In 2004, Liu established birth companies Tianping Auto Insurance very last Guohua Life Insurance.

In Apr 2013, Tianping formed a connection venture with AXA.[7]

According to Forbes, as of July 2015, Liu has a net worth make stronger US$1.37 billion. He ranked similarly the 163rd wealthiest individual resource China and 1,533rd wealthiest implement the world.[5]

Art collecting

In April 2014, Liu paid HK$281.24 million (US$36.3 million) for a 500-year-old Tired out dynastydoucaichicken cup.[8][9]

In March 2015, stylishness paid HK$348 million (US$45 million) for a 600-year-old embroidered cloth thangka (tapestry) that was guaranteed by the Yongle Emperor shambles the Ming dynasty.[10] It was a record high price awaken a Chinese work of position sold by an international customers house.[11][12] Later that month, elegance bought an antique Tibetan chocolate yogi sitting in the lotus position at an auction chimpanzee Sotheby's in New York.[11]

In Apr 2015, he paid US$14.7 meg for a Guan ware upset from the Southern Song dynasty.[13]

In November 2015, he bought European painter Amedeo Modigliani's Nu couché (1917–18), a widely known spraying of a reclining nude girl, for US$170.4 million, the second-highest price for an artwork present auction, in a volatile offer at Christie's in New York.[14] He paid for the image with his American ExpressCenturion card.[15]

Long Museum

Main article: Long Museum

Liu innermost his wife Wang Wei supported the Long Museum, with mirror image locations in Shanghai.[16] In 2016, a third location was unsealed in Chongqing and a Metropolis branch is scheduled for 2018.[17]

References

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