Yang Yuanqing
| Yang Yuanqing | |
|---|---|
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|
| Native name | 杨元庆 |
| Born |
12 November 1964 Hefei, Anhui, China |
| Nationality | Chinese |
| Alma mater |
Shanghai Jiao Tong University University of Science and Technology of China |
| Occupation | Chief Executive Officer |
| Known for | Chief Executive Officer (CEO) at Lenovo |
| Net worth | $US1.25 billion (September 2015) |
| Parent(s) | Yang Furong |
Yang Yuanqing (simplified Chinese: 杨元庆; traditional Chinese: 楊元慶; pinyin: Yáng Yuánqìng, born 12 November 1964) is a Chinese businessman and the current chief executive officer of Lenovo. According to Hurun Report's 2013 China Rich List, he had an estimated fortune of around US $620 million and is the 533rd richest person in China.
Yang was born on 12 November 1964 to parents both educated as surgeons. Yang spent his childhood in Hefei in Anhui province. He grew up poor, as his parents were paid the same salaries as manual laborers. Yang's parents endured repeated persecution during the Cultural Revolution. Yang's father, Yang Furong, was a disciplined man with strict standards. Yang said of his father, "If he set a target, no matter what happened, he wanted to reach it."
While his parents wanted him to pursue a career in medicine, and he had a budding interest in literature, Yang decided to study computer science on the advice of a family friend who was a university professor. Yang earned an undergraduate degree in computer science from Shanghai Jiaotong University in 1986 and graduated with a master's degree from the University of Science and Technology of China in 1988.
Yang spotted a newspaper advertisement for jobs at Lenovo while in Beijing performing research for his master's degree. Yang had initially planned on becoming a university professor but took a risk and accepted a position with Lenovo in sales. He was paid the equivalent of US$30 per month.
In 1989, Yang joined Legend, as Lenovo was then known, at the age of 25. He was quickly promoted. Yang travelled to meet distributors throughout China and used his technical knowledge to achieve a strong sales record. Yang also stood out at Lenovo for being a quiet, deep thinker. These qualities caught the attention of Liu Chuanzhi, who later promoted Yang to head Lenovo's personal computer business at just 29 years old. Yang was elevated to CEO of the whole company when Liu retired in 2001. Liu described Yang as "A man who moves forward, takes risks and aims to innovate." Liu also said, "I had been observing Yang a long time before I appointed him to take over the PC business. He had clear goals, was broad-minded and straightforward. We trusted him."
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