Huawei is so strong, why hasn't Ren Zheng Fei been on the rich list?

As time goes by, Huawei's income is increasing, even surpassing Tencent, Ali and other well-known enterprises. Especially now that the 5G era is coming, Huawei with 5G patents can go further. Why did Zheng Fei sit firmly at the top of Huawei, but he was squeezed out of the rich list?

Let's take a look at the market value of Huawei. Although Huawei is not listed, after all, Huawei ranks 83rd among the top 500 companies in the world, and it will not be low in conversion. Compared with Xiaomi with a market value of 40 billion US dollars, Xiaomi's revenue last year was about 654.38 billion yuan, while Huawei's mobile phone business revenue was 230 billion yuan, accounting for 30% of Huawei Group. Nominally, Huawei's market value is about $300 billion, but considering Huawei's global influence, its valuation will rise by tens of billions of dollars. How to calculate, the market value of Huawei should be slightly higher than that of Samsung.

Ren couldn't get on the rich list because he didn't value personal wealth, but valued the development and strength of the enterprise, and at the same time stimulated the creativity of employees and distributed shares to them. According to the information disclosure, Ren distributed Huawei's shares widely to employees to cultivate a wolf-like corporate culture. He only holds a little more shares in Huawei 1%, and his mind is not on personal wealth at all.

Under such a feeling, Ren's personal wealth is definitely very few, and it is impossible to compare with Ma Yun, Ma, Liu and others. Moreover, Ren's energy is not to gather wealth, but to gather enterprises with broad development prospects. His recent speech is thought-provoking and an encouragement to all entrepreneurs.

Ren said at a meeting: "We should face up to the strength of the United States, see the gap, firmly learn from the United States, and never let anti-American sentiment dominate our work. Don't support populism in society, and don't allow populism inside, at least don't allow the opportunity to speak. All employees must have a sense of crisis, not blindly optimistic, and not narrow nationalism. " This kind of feeling helps to remind us not only to pay attention to the strength of our opponents, but also not to be scared by their strength. We should learn from the strengths of others, speed up development and strive to catch up.