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Forbes China Insights | 2021 Forbes China 60 Outstanding Chinese in North America
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Rhea-AI Summary
Forbes China Insights has released a report highlighting 60 outstanding Chinese entrepreneurs in North America, focusing on their innovation and success. This first-ever report categorizes honorees into business leaders, cultural leaders, and potential elites, with 30% being women. The companies led by the business leaders boast an average annual revenue of $3.87 billion. Notable figures include Andrew Ng and Eric Yuan. The report also showcases young talent from prestigious universities and companies, emphasizing the significant achievements and contributions of the Chinese diaspora.
Positive
The companies led by honorees report an average revenue of $3.87 billion, indicating strong business performance.
The report emphasizes the recognition of 60 notable entrepreneurs, enhancing their visibility and potential for future opportunities.
Highlighting 30% women among honorees reflects a commitment to diversity in leadership.
Negative
None.
SHANGHAI--(BUSINESS WIRE)--
Forbes China Insights, the Chinese-language edition of Forbes Insights, launched a latest report on 60 outstanding Chinese in North America. The first-of-its-kind report aims to highlight innovation and entrepreneurial success among overseas Chinese entrepreneurs in North America and place their achievements in a global context.
The list covers three fields - business leaders, cultural leaders and potential elites - and highlights 60 honorees. 18 were women – or 30% of the total. A majority of members hail from Silicon Valley, Los Angeles, New York and Vancouver.
The average annual revenue of the companies led by members of the “business leaders” group is $3.87 billion. Notable Silicon Valley listees include Andrew Ng, the founder of Coursera, and Eric Yuan, CEO of Zoom. Among the "potential elites,” winners were all born after 1986 and an average of 31 years old. Some 16 of the 30 honorees graduated from world-leading institutions such as Harvard University, Stanford University, Yale University and University of Pennsylvania.
Young stars in the technology industry include Bolong Li, vice president of Amazon's Audible, who is only 33 years old and one of the company's highest-level Chinese executives. Bin Liu, 31, is one of Pinterest’s youngest Chinese executives. Seven members from the investment field made the list. Among them, Jie Chen（”CJ”） is the managing partner of Celtic House Asia Partners; Will Duan, the Co-founder of IOVC, Yipeng Zhao, the managing partner of Embark Ventures, L.P., and Tianmeng Xu, the founding partner of Taihill Venture, were selected. Each of those businesses managed funds that invest in well-known North American startups such as Grubmarket, Cerebral, Syntiant, Jiko, XtalPi and Lightelligence. Johnny Zhang, the founder of Primior Asset Management, is one of the "potential elites" of the real estate industry. Primior’s assets under management exceed $400 million with yearly return rate of over 15% since 2019.
In education consulting, Will Gao and Jeremy Ye, both are the partner of DreambigCareer, made the list. The company they co-founded, DreambigCareer, a career coaching brand for international students that was acquired by U.S.-listed Bright Scholar Education Holdings (NYSE: BEDU) for $42 million in 2018.
The list took into account wealth, business scale, awards and other factors. Decisions were reviewed by Forbes China.
For the full list of 60 Outstanding Chinese in North America follows, visit here.
About Forbes China
Forbes China Insights, the Chinese-language edition of Forbes Insights, provides its more than hundred thousand Chinese readers with exclusive, in-depth analysis and reporting on the world of finance, which has had a profound impact on the business community in China. Visit https://www.forbeschina.com/ for more information.
What is the significance of the Forbes China Insights report on 60 outstanding Chinese in North America for BEDU?
The report highlights the achievements of Chinese entrepreneurs in North America, indirectly boosting the visibility of related companies like Bright Scholar Education Holdings (BEDU) in the educational sector.
How does the report impact the perception of BEDU in the stock market?
By showcasing successful entrepreneurs linked to BEDU's acquisition of DreambigCareer, the report may enhance investor confidence in BEDU's strategic decisions.
Who are some notable figures included in the Forbes report related to BEDU?
Notable figures include young tech leaders and entrepreneurs like Bolong Li and Johnny Zhang, whose achievements reflect positively on the entrepreneurial ecosystem associated with BEDU.
When was the report on outstanding Chinese in North America published?
The report was published on November 1, 2021.
What criteria were used to select the honorees in the Forbes China Insights report?
The selection was based on factors such as wealth, business scale, and awards received.
Bright Scholar Education Holdings Limited American Depositary Shares, each representing four (4)
