Lei Jun is a Chinese entrepreneur and investor, chiefly famous for founding the home electronics company Xiaomi Inc. In accordance with Chinese naming tradition, Lei is his family name. Despite devoting a lot of time to Xiaomi, Lei also keeps investing in other companies and is Chairman of several. His investments chiefly lays within the…
Xiaomi
Xiaomi Inc is a privately owned electronics company based in Beijing. It sells, among other things, smartphones, smart-TV, laptops and mobile apps. In 2015, it was the 5th largest smartphone manufacturer in the world. It became the largest smartphone manufacturer in China in 2014, pushing Samsung down to a second place. Xiaomi has employees in…
Binny Bansal & Sachal Bansal
Binny Bansal and Sachal Bansal are two Indian entrepreneurs, chiefly famous for founding the e-commerce platform Flipkart. India Today Magazine jointly ranked Binny and Sachal Bansal #26 on their “India’s 50 Most Powerful People of 2017” list. Binny Bansal Early life Binny Bansal is originally from Chandigarh, a city that serves as state capital for…
Flipkart
Flipkart is an Indian electronics commerce company based in Bangalore. It was founded in 2007 by Binny Bansal and Sachin Bansal. Ten years later, Flipkart was valued at 11.6 billion USD. Short facts about Flipkart Type of business Private Sector E-commerce / Online shopping Founded 2007 Headquarters Bangalore, India Area served India Founders Sachin Bansal Binny…
Cheng Wei
Cheng Wei is a Chinese entrepreneur, chiefly famous for creating the taxi-hailing app Didi Dache and turning it into the huge mobile transportation platform Didi Chuxing. In accordance to Chinese naming traditions, his family name is Cheng and his given name Wei. Among English speakers, he frequently uses his English nickname Will. In 2016, Didi…
Didi Chuxing
Didi Chuxing started out as an app to order taxi pick up in China, but has today grown to include a wide range of services, including social ride sharing. Currently used by close to 300 million people in 400 Chinese cities, and with some services being inter-city, Didi Chuxing is commonly referred to as a…
Evan Sharp, Ben Silbermann & Paul Sciarra
Evan Sharp Evan Sharp is an American entrepreneur, chiefly famous for being the co-founder and chief creative officer of Pinterest. In 2017, his estimated net worth exceeded 1 billion USD. Early life Evan Sharp, born in 1982, grew up in York, Pennsylvania. He received a bachelor’s degree in history from the University of Chicago, before…
Founded by Ben Silbermann, Evan Sharp and Paul Sciarra, Pinterest is an online site where users can create their own pin boards. Pinterest CEO Ben Silbermann has described the site as “a catalog of ideas” and stated that the genesis of Pinterest came from his childhood love of collecting. When Silbermann and his friends looked…
Arash Ferdowsi & Drew Houston
Arash Ferdowsi Arash Ferdowsi is an Iranian-American entrepreneur chiefly famous for being one of Dropbox’s co-founders. In 2015, his estimated net worth was 500 million USD. Early life Ferdowsi was born in Overland Park, Kansas, USA on October 7, 1985. He attended Blue Valley Northwest High School in Overland Park, from which he graduated in…
Dropbox
Dropbox is a file hosting service operated by Dropbox Inc, a company based in San Francisco, USA. Among other things, Dropbox offers cloud storage and file synchronization. Dropbox will give you a free account with a set storage size. If you need more space, that is available for a fee (paid subscription). A paid subscription…
ENGINEER 500Welcome to Engineer 500. The website where you can read about the worlds most successful engineers & entrepreneurs and the companies they are building. Most of these entrepreneurs have grown their companies very quickly and become multi millionaires or even billionaires as a result of their work. They prove that it is possible to become fabulously wealthy in a relatively short time if you have the right idea and is willing to work hard. These entrepreneurs server as an inspiration for the rest of us to try to achieve a sliver of the success they have achieved. Most of the companies discussed on this website is not publicly traded. They are privately held. Many of the companies will however enter the stock market when they feel that they are ready. This means that you unfortunately cant be a part of these companies early success. It is very hard to be able to invest in these companies before they get publicly traded. To be able to do so you usually have to be able to invest large amounts of money. You can however benefit from these entrepreneurs drive and share a part of their success once they go public. To buy shares in these stocks in the IPO can often be a good idea. The companies we talk about that is publicly traded have already rewarded the people who believed in them handsomely. You will never get as rich as these entrepreneurs are by buying stock in their companies. To achieve that level of wealth you will have to do what they did and create your own company. Investing in their companies can however allow you to live a richer life than you would otherwise be able to. I recommend that you use a long term strategy to invest in these companies. Once you have bought stock you should keep it for 5, 10 even 15 years. To do so will give you the best return at the lowest risk. Avoid using short term strategies or high risk instruments such as Binary options (What is a binary option) or CFD:s (what is a CFD) when you trade with these stock. To do so is too risky and there is a very real risk that you will end up losing all your money if you try to use any of them. Do not be impatient or greedy. If you buy a stock because you want to share the success of the entrepreneur. The entrepreneur that you trust and admire. Then you should use a long term strategy and trust the entrepreneur to do his job and give you a very good return on your investment. |