Thirty Years of Turbulence - Chinese Enterprises

作者：admin  点击次数：10  发布时间：2025-11-28

On Forbes magazine's Rich List, his personal wealth reached $2 billion, making him the fifth richest person in the world and the richest Chinese person. Many years later, Bill Gates said, "If Wang An could complete his second strategic turn, the world might not have today's Microsoft company, and I might have become a mathematician or a lawyer somewhere." Wang An was the first global Chinese entrepreneur, but he was also an old-fashioned Easterner who did not believe in Wall Street and the American corporate system. He said, "I do not advocate open investment because I am the founder of the company, and I want to maintain my complete control over the company so that my children can have the opportunity to prove whether they have the ability to run the company." At the same time, he was dismissive of Apple Computer's efforts on the PC, believing that it was not worth it. Personal computers are an unheard of absurdity. Two years later, he paid the price for this statement. IBM and Apple's personal computers became popular, and Wang An Company suffered losses in 1985. He published an autobiography called "Lessons Learned", and by the time he passed away in 1990, Wang An Company was no longer worth mentioning.