Liu Qiangdong
Photo: World Economic Forum, CC BY 3.0, via Wikimedia Commons

Liu Qiangdong Net Worth

JD.com founder and chairman
BillionaireTechBusiness
Estimated net worth
$5.6B
Source: Forbes Real-Time Billionaires, October 20, 2026. Updated October 21, 2026.

Liu Qiangdong’s net worth over time

$6B: Forbes World's Billionaires List 2019 estimate, 2019$6B2019$8.2B: Forbes World's Billionaires List 2020 estimate, 2020$8.2B2020$22.4B: Forbes World's Billionaires List 2021 estimate, 2021$22.4B2021$10.5B: Forbes World's Billionaires List 2022 estimate, 2022$10.5B2022$8.8B: Forbes World's Billionaires List 2023 estimate, 2023$8.8B2023$4.8B: Forbes World's Billionaires List 2024 estimate, 2024$4.8B2024$7.8B: Forbes World's Billionaires List 2025 estimate, 2025$7.8B2025$5.3B: Forbes World's Billionaires List 2026 estimate, 2026$5.3B2026$5.6B: Forbes Real-Time Billionaires estimate, Oct 2026. Forbes real-time estimate$5.6BOct 2026

Only dates with a published estimate are shown. Nothing is filled in between. Tap or hover a bar to see the source.

See the numbers as a table
DateEstimateSource
2019$6 billionForbes World's Billionaires List 2019
2020$8.2 billionForbes World's Billionaires List 2020
2021$22.4 billionForbes World's Billionaires List 2021
2022$10.5 billionForbes World's Billionaires List 2022
2023$8.8 billionForbes World's Billionaires List 2023
2024$4.8 billionForbes World's Billionaires List 2024
2025$7.8 billionForbes World's Billionaires List 2025
2026$5.3 billionForbes World's Billionaires List 2026
Oct 2026$5.6 billionForbes Real-Time Billionaires · Forbes real-time estimate

Where the money comes from

E-commerce

These are the main sources of wealth named in the reporting we cite. No published source breaks the total into exact amounts, so we do not show percentages.

Liu Qiangdong’s fortune in real-life terms

85,606 years
for the median full-time U.S. worker to earn this much, spending nothing
25,914×
the net worth of the typical U.S. family
0.6%
of Elon Musk's fortune, the biggest on Net Worth Lookup

Based on the Forbes Real-Time Billionaires estimate above. Median full-time U.S. pay is $65,416 a year ($1,258 a week, BLS, Q2 2026), before taxes. Typical (median) U.S. family net worth is $216,100 (Federal Reserve, 2025 Survey of Consumer Finances).

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Liu Qiangdong has an estimated net worth of $5.6 billion, according to Forbes Real-Time Billionaires, Liu Qiangdong profile (figures as of October 20, 2026). That is down from a peak of $22.4 billion.

Liu Qiangdong, also known as Richard Liu, is a Chinese internet entrepreneur best known for founding JD.com. He started with a retail business selling electronic gadgets in 1998, then pushed the company online after the SARS outbreak disrupted store traffic in 2003. Over time, JD.com grew from consumer electronics into a much broader shopping platform. Forbes classifies him as self-made, with wealth tied to e-commerce and the technology industry.

His rise came from changing Jingdong from physical stores into an online retailer. He launched his first online retail website in 2004 and closed the brick-and-mortar business in 2005. In 2007, JD.com expanded beyond electronics into a wide range of goods. A major turning point came in 2014, when JD.com raised $1.8 billion on Nasdaq. Liu later stepped down as chief executive in 2022 but remained chairman.

How Liu Qiangdong built his fortune

Liu made his money by building JD.com into a major e-commerce business in China. He began with a single retail store for magneto-optical products in 1998, then added 12 stores by 2003. When the SARS outbreak kept staff and customers at home, he changed course. He launched an online retail site in 2004 and shut the physical stores in 2005, turning the company into a full e-commerce operation.

JD.com grew again in 2007, when Liu adopted a full-category strategy and moved past consumer electronics into a wider mix of products. The company went public in the U.S. in 2014, giving it a much larger profile and access to capital. Liu is still chairman of JD.com, and he also chairs JD Health and JD Logistics, both listed in Hong Kong.

How Forbes' estimate moved

Forbes valued Liu at $6 billion in 2019. That estimate climbed to $22.4 billion in 2021, then dropped to $4.8 billion in 2024. As of October 20, 2026, Forbes' real-time billionaires tracker put him at $5.6 billion. The changes track how closely his fortune is tied to the market value of JD.com and his broader e-commerce holdings.

Several business developments happened as those Forbes estimates changed. In 2022, Liu gave up the chief executive job at JD.com and stayed on as chairman, while Beijing was seeking to rein in the market influence of large tech firms. In 2024, Walmart sold its entire 9.4% stake in JD.com for $3.6 billion, ending an 8-year partnership as it shifted focus to its own China operation.

Career and money timeline

  1. 1998

    He opened a retail shop selling electronic gadgets.

  2. 2004

    He launched his first online retail website and founded JD.com later that year.

  3. 2005

    He closed all physical stores and focused fully on e-commerce.

  4. 2007

    JD.com expanded from electronics into a broader range of goods.

  5. 2014

    JD.com raised $1.8 billion in its Nasdaq listing.

  6. 2022

    He stepped down as JD.com chief executive and remained chairman.

Liu Qiangdong net worth FAQ

What is Liu Qiangdong's net worth?

Liu Qiangdong's net worth is an estimated $5.6 billion, according to Forbes Real-Time Billionaires, Liu Qiangdong profile (October 20, 2026). It is an estimate, not an official figure.

How did Liu Qiangdong get so rich?

The main sources named in the reporting we cite are: E-commerce.

How has Liu Qiangdong's net worth changed?

The earliest published estimate we track is $6 billion (2019, Forbes World's Billionaires List 2019). The latest is $5.6 billion (October 20, 2026).

Is Liu Qiangdong still running JD.com?

He stepped down as chief executive in 2022. He remains chairman of JD.com.

What is Liu Qiangdong's net worth?

Forbes' real-time billionaires tracker estimated his wealth at $5.6 billion as of October 20, 2026.