Bang (@cooper2960)
Bang (@cooper2960)
RT @luo_yuehan (Johannes Maria): Why Huawei’s Founder Isn’t Among China’s Top 20 Richest People Huawei’s founder Ren Zhengfei is not on the list of China’s richest — even though Huawei’s revenue is more than 100 times larger than companies like Cambricon, whose founder is on that list. In the 1990s, Ren Zhengfei introduced a unique ownership structure at Huawei. The company belongs to its employees. Out of Huawei’s 208,000 employees, more than 150,000 are shareholders. Ren Zhengfei himself now holds only 0.65% of the shares — the remaining 99.35% are owned by the employees. Independent from stock market fluctuations Not controlled by any family or single person Driven by a system where the employees directly benefit from success The result? Remarkable motivation, deep loyalty, and a true sense of ownership across the entire company. In my view, this makes Ren Zhengfei the greatest entrepreneur of them all — not because of personal wealth, but because he built a company where collective success outweighs individual fortune. #China #Huawei
