| Net Worth: | $15 Billion |
|---|---|
| Date of Birth: | December 17, 1970 (53 years old) |
| Gender: | Female |
| Profession: | Entrepreneur, Businessperson |
| Nationality: | Chinese, Hong Kong |
What is Zhou Qunfei’s net worth
Zhou Qunfei is a Chinese businesswoman and entrepreneur who has a net worth of $15 billion. She is one of the world’s richest self-made women and is well-recognized as one of the richest women in China.
Zhou is the managing director and CEO of one of Apple’s biggest component suppliers for the iPhone called Lens Technology.
Early Life
In Xiangxiang, Hunan, China, Zhou Qunfei was birthed in 1970. With her from poverty to exceptional wealth story, she serves as an encouragement to many Chinese citizens.
When Zhou was five years old, her mother passed away which resulted in her dropping out of school and eventually becoming a migrant worker.
On many occasions, she has said that her quest for knowledge is the only secret behind her achievement.
Schooling
Zhou obtained a degree from Shenzhen University but eventually worked a part-time job in other to put herself through school. She later served as a factory worker subsequently after leaving college.
She established Lens Technology in 2003 to produce touch displays. That same year, the business received a significant break when Motorola selected it to produce screens for the Razr V3.
Apple and Lens signed a partnership in 2007 to produce screen covers for the iPhone that was about to be released.
Presently, firms like Apple, Huawei, and Samsung Electronics purchase displays from Lens Technology. Apple Watches are well known for using screens made of sapphire and glass from Lens Technology.
In March 2015, her business went public on the Shenzhen ChiNext market. Over 100,000 individuals are employed by the company today across 16 divisions.
Wealth Loss
Between October 2018 and October 2019, shares of Lens Technology fell more than 60%, which caused Zhou Qunfei to lose a significant amount of money on paper. Her wealth reached its height in the middle of 2017. She had lost $3.5 billion from her net worth as of October 2018.
Recuperation of Wealth
Over the following year, Lens Technology’s stock rose sharply. The business’ market value exceeded $130 billion by December 2020. Zhou’s wealth stood at $15 billion at that time.
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