Duan Yongping is an angel investor in Pinduoduo, and Pinduoduo's success will surely bring him rich returns in the future. Duan Yongping is the stock god of China and the real invisible rich man of China. His wealth is comparable to that of Ma Yun and Wang Jianlin, even surpassing them, but few people know him.
Duan Yongping is mysterious, but there are still many rumors about him. For example, he once spent 4 million to invite Warren Buffett to dinner. In recent years, he donated 235 million yuan to his alma mater, Zhejiang University. Although he is very low-key, his products are very famous in China.
From the earliest bully learning machine, to the later BBK telephone, VCD, point reading machine, and now to OPPO and VIVO, all of them are his products. Duan Yongping is a great entrepreneur.
Lei Jun took Xiaomi to go public in Hong Kong. At present, Xiaomi's revenue has exceeded 654.38+000 billion, and its valuation has reached about 654.38+02 billion US dollars. However, you may not know that Xiaomi's global shipments are not as good as OPPO and VIVO, and the combined sales of the two brands even exceed Huawei.
Another point is that the profits of OPPO and VIVO far exceed those of Xiaomi, which is not bad at all, and there is no need to go public at all. If Xiaomi can be valued at hundreds of billions, what are the valuations of OPPO and VIVO? The key point is that Lei Jun only controls more than 30% of Xiaomi's shares, both of which are wholly-owned subsidiaries of Duan Yongping. If Duan Yongping's wealth is made public, it will reach a shocking level.
Duan Yongping, 196 1, a native of Guangxi. He is a gifted boy. /kloc-at the age of 0/6, he was admitted to Zhejiang University majoring in radio. Duan Yongping went to college four years earlier than the average person. After graduation, he was assigned to Beijing Electron Tube Factory. At that time, this factory was the largest electron tube factory in Asia, giving Duan Yongping an iron rice bowl that he could eat and drink all his life.
But how can a genius just want to live such a mediocre life? He didn't want to spend money here, so he was admitted to the graduate school of the National People's Congress. 1989, at the age of 28, he became the director of a factory under Yihua Group with his extraordinary technical level and high academic qualifications.
At that time, the factory mainly produced fake red and white machines and has been at a loss. Nintendo's red and white machine entered China in the late 1980s, which caused a great sensation in the market. But at that time, there were many cottage manufacturers in China, and the factories in Duan Yongping were struggling. At this time, Duan Yongping thought of a genius method. The main target of game machines is students, but students themselves have no purchasing power, so parents must be given a reason to buy them. So Duan Yongping changed the game machine into a bully learning machine and made the product look like a simple computer.
At that time, he invested hundreds of thousands of yuan in advertising on CCTV and received good results. So I immediately asked Jackie Chan to speak for me, and the slogan of looking forward to becoming a bully was deeply rooted in the hearts of the people. Duan Yongping turned the game machine into a learning machine and successfully swept the market. 1995, this factory, which once lost 2 million yuan, became a factory with annual revenue exceeding 10 billion.
However, because the bully can't share the reform, Duan Yongping chose to leave, but his old club agreed with him not to make similar products of the bully for one year, and specially gave him a Mercedes-Benz.
1In September, 1995, Duan Yongping came to Dongguan from Zhongshan and founded BBK. At that time, there were six people who came to Dongguan with him, including Huang Yihe, Chen Mingyong and Shen Wei. These people have become the bosses of OPPO, VIVO, Yijia and other companies. Unable to manufacture learning machines, Duan Yongping began to manufacture telephones, VCDs and other products. Each one has become a hot commodity in the market.
At that time, learning from the experience of bullies, Duan Yongping gave most of the shares to employees from the beginning, and he only held BBK 17% of the shares, which made all employees full of energy. BBK has achieved great success. Duan Yongping divided the company into three parts, and spun off OPPO, VIVO and other companies.
At the age of 4 1, Duan Yongping decided to retire early and immigrate to the United States because he promised his wife to settle in the United States before marriage. But Duan Yongping still controls this huge electronic empire from behind. After going to the United States, Duan Yongping began to invest. In addition to investing in Pinduoduo, Duan Yongping also invested in Sina, Sohu, Netease and other companies many years ago. Especially when he invested in Netease, he earned at least $654.38 billion.
Duan Yongping has been very successful in industry, but he is more successful in investment. Duan Yongping himself once said that he earned more money from investment than from industry. At that time, he spent 4 million to invite Warren Buffett to dinner, and he didn't know whether to ask Buffett for advice or Buffett to learn from him.
Spent 4 million to invite Buffett to dinner, donated 235 million to his alma mater, Zhejiang University, and immigrated to the United States at the age of 4/kloc-0. Duan Yongping is the real invisible rich man in China.