He left a family of peasants and became one of the billionaires of the year: the story of Fu set

Over the years, some entrepreneurs managed to build empires from scratch, reaching unthinkable fortunes. One of them is Fu settlewho went from a humble origin In a rural area From China to lead one of the most important video surveillance companies in the world.

Thanks to its strategic vision and a strong commitment to technological innovation, it transformed its business into a global security reference.

From peasant to a billionaire: who is fu settle

Born in a peasant family near the Qiang River, Fu Liquan grew in a modest environment. His business career began in A small electrical equipment factorywhere he acquired experience in the sector before Found your own manufacturing plant in 1993. Over time, he expanded his vision and created Zhejiang Dahua Technology In 2001, laying the foundations for its promotion in the video surveillance industry.

Under its leadership, the company achieved fundamental milestones, such as The development of the first integrated DVR of 8 channels in real time in 2002. In addition, it was Pioneer in the application of high definition technology On coaxial cable video, establishing an international standard.

The advances promoted by Dahua allowed The brand will be positioned in world relevance events. In the 2016 Rio Olympic Games, 80% of the cameras used in surveillance corresponded to the Chinese firm. Also, at the G20 summit held in Hangzhou, more than 20 thousand devices of the company were used to guarantee the security of the event. Another of its most prominent achievements was to obtain the best facial recognition rate globally, with 99.78%, according to a report by the LFW Institute in 2016.

In recognition of his career, fu set was appointed Zhejiang year businessman in 2016an award that have received figures such as Jack Ma from Alibaba and Zong Qinghou from Wahaha. This award, with great prestige within the Zhejiang business community, highlights the impact of leaders on the economic development of the region.

How much is the fortune of FU they settle in 2025

The growth of Zhejiang Dahua Technology consolidated its founder as One of the most influential figures in the security sector. Since its initial public offer in the Shenzhen Stock Exchange in 2008, the firm has maintained an annual growth rate of 47.67% and has expanded its presence to more than 180 countries.

By 2025, the fortune of fu sets is estimated in 3.2 billion dollarsplacing it in the 1089 position of the global magnates ranking. His wife, Chen Ailing, is part of Dahua’s directory and shares decision making. With an approach to international innovation and expansion, the company continues to gain prominence in video surveillance.