Billionaire Investor Wilbur Ross: China Still Lags US in Innovation

China has made progress, but the US is still the most innovative country in the world

Wilbur L. Ross Jr., Chairman and Chief Strategy Officer at WL Ross & Co., in Chelsea, Manhattan, on Sept. 2, 2015. Samira Bouaou/Epoch Times

NEW YORK—Wilbur Ross Jr. is not like the other Wall Street high rollers like Donald Trump and Carl Icahn. He is a soft-spoken, well-mannered, and impeccably dressed gentleman, and has succeeded on Wall Street, becoming a billionaire in the process.

Ross, worth $2.9 billion according to Forbes, has made his names in distressed assets investments and rose to fame turning around Bethlehem Steel as well as Burlington Industries.