Richard Liu

Liu, the cofounder of Chinese fund Morningside, made an early bet on a disruptive manufacturer of smart phones with series A and B investments in Xiaomi. The Chinese firm is now worth a reported $45 billion. Other winning bets include social media company YY, entertainment firm Phoenix New Media, software maker Xunlei and mobile app company UCWeb. An electric engineer by training, Liu heads Morningside's investments in the Internet, media, and entertainment and consumer sectors.