Life
Lu was born in January 1945 in Yuhang, Hangzhou, Zhejiang Province in a peasant family. when he was 15 years old, he dropped out of school and became an . July 1969, he co-founded a factory with the other 6 peasants, and their products were small-sized agricultural machines.
Lu later developed his factory to the current Wanxiang Group , a giant manufacture conglomerate, especially a leading producer of automobile facilities and components .
Lu is the current President of board of Wanxiang Group. His headquarters are located in Xiaoshan District, Hangzhou, Zhejiang Province. Lu is also a part-time professor at Zhejiang University and he teaches an EMBA program for the university . He also was rewarded a from the Hong Kong Polytechnic University.
According to the recent 2007's Forbes Mainland China Rich List , Lu was ranked No.33 with 13.13 . According to recent Hurun Report, Lu is the current richest individual living in Zhejiang Province .
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