Billionaire Profile: Weimin Du

Overview

Weimin Du is a Chinese billionaire and entrepreneur. He is the founder and CEO of Fangdd Network Group, one of the largest online real estate marketplaces in China. Du is known for his innovative approach to the real estate industry and has leveraged technology to create a user-friendly platform for buying and selling property. As of 2021, Du’s net worth is estimated to be $3.2 billion USD, according to Forbes.

Early Life and Education

Weimin Du was born in 1981 in China. He grew up in a middle-class family and was motivated to succeed from a young age. Du attended Shanghai Jiao Tong University where he studied computer science.

Career and Achievements

After graduation, Du began his career as a software engineer, working for several technology companies in China. In 2011, he launched Fangdd, an online real estate marketplace that allows users to buy and sell properties without a middleman. The platform quickly gained popularity and is now one of the largest in China, with over 100 million registered users.

Under Du’s leadership, Fangdd has continued to grow and expand its services. In 2018, the company went public on the NASDAQ stock exchange, raising over $78 million USD. Du has also received recognition for his work, including being named as one of Forbes’ China 30 Under 30 in 2016.

Personal Life

Weimin Du is married and has one child. He is known for his philanthropic efforts, including donating to the fight against the COVID-19 pandemic in China. Du is also an avid traveler and enjoys exploring new places in his free time.

Profile