Liu Ruopeng

Liu Ruopeng
Born 1982/1983 (age 35–36)[1]
Nationality Chinese
Alma mater Zhejiang University
Duke University
Net worth US$1.3 billion (2017 Forbes billionaire list)[1]

Liu Ruopeng is a Chinese entrepreneur and businessman whose main source of wealth is the Chinese conglomerate Kuang-Chi.[2]

Early life

Liu has a bachelor's degree in engineering from Zhejiang University.[3] He has a master's degree and a doctorate from Duke University.[1][3]

Career

While a PhD student at Duke University,[1][3] Liu allegedly stole intellectual property from a United States Department of Defense-funded laboratory[4][5][6] and passed it to Chinese researchers, which eventually resulted in his expulsion from the David R. Smith research group at the university.[6] Liu was investigated by the F.B.I., but ultimately was not charged with a crime. The incident is the subject of a book by ProPublica senior editor Daniel Golden, Spy Schools: How the CIA, FBI, and Foreign Intelligence Secretly Exploit America's Universities.

In 2015, Liu bought a controlling stake in the loss making New Zealand company Martin Aircraft Company, makers of the yet to be commercially viable Martin Jetpack.[2][7]

He is the president of the Shenzhen-based Kuang-Chi Institute of Advanced Technology and the chairman of Hong Kong-listed KuangChi Science.[2]

Personal life

Liu Ruopeng lives in Shenzhen, China.[1]

References

  1. 1 2 3 4 5 "Liu Ruopeng". Forbes.com. Retrieved 2 June 2017.
  2. 1 2 3 Post Magazine. "'Elon Musk of China' aims to give the world a commercial jetpack - but is it just flight of fancy? | South China Morning Post". Scmp.com. Retrieved 2 June 2017.
  3. 1 2 3 Ruopeng Liu (26 August 2014). "Ruopeng Liu: Executive Profile & Biography". Bloomberg. Retrieved 2 June 2017.
  4. ↑ "White House Considers Restricting Chinese Researchers Over Espionage Fears". The New York Times. 2018-04-30. ISSN 0362-4331. Retrieved 2018-05-06.
  5. ↑ "How one graduate student allegedly stole Duke research to create a billion-dollar Chinese company". The Chronicle. Retrieved 2018-05-06.
  6. 1 2 "How Spy Agencies Use American Universities to Secretly Recruit Students". Town & Country. 2017-10-13. Retrieved 2018-05-06.
  7. ↑ "Liu Ruopeng - Jetpack backer ready for liftoff - Business - NZ Herald News". Nzherald.co.nz. 28 May 2016. Retrieved 2 June 2017.


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