Li Shufu

About Li Shufu

Birth Day: June 25, 1963
Birth Place: Hangzhou, China, China
Residence: Hangzhou, China
Occupation: Chairman, Zhejiang Geely Holding Group Co. Ltd..
Years active: 1986–present
Board member of: Geely Automobile
Spouse(s): Peng Lijuan

Li Shufu Net Worth

Li Shufu was bornon June 25, 1963 in Hangzhou, China, China. Li Shufu chairs Geely Automobile Holdings, one of China's 10 largest automakers and one of few non-government controlled ones. Geely's business and share price have been flying high in the past year on successful SUV sales. His private holding company acquired Volvo in Aug 2010. Li holds an engineering degree from Yan Shan University and is a member of the Chinese People's Political Consultative Conference. Li told Forbes Asia in 2014 he made his first cars from the sand as a boy. "We couldn't afford any toys. I couldn't imagine making a real car."
Li Shufu is a member of Automotive

💰 Net worth: $15.5 Billion (Updated at 22 June 2018)

2010 $1.8 Billion
2011 $1.9 Billion
2012 $1.5 Billion
2013 $2.2 Billion
2014 $1.85 Billion
2015 $2.4 Billion
2016 $1.7 Billion
2017 $6.7 Billion
2018 $16.91 Billion

Some Li Shufu images

Biography/Timeline

1963

Li Shufu was born in Taizhou, Zhejiang, China in 1963. Li was launched as the founder and chairman of Geely Automobile in 1986, which is the second largest private automobile manufacturer in China. Currently, Li resides in Hangzhou, the capital city of Zhejiang province.

2001

Geely Group sponsored China Jia B League team Guangzhou F.C. in 2001. However, after the 2001 China Jia B League Match Fixing, at the end of the season, Li Shufu ended his involvement sponsoring football and was quoted as saying, "We won't come back until the Chinese football environment gets better."

2010

On 28 March 2010, Geely signed a deal worth US$ 1.8 billion to buy Volvo Cars from American automobile manufacturer Ford Motor Company. It was the largest foreign purchase by a Chinese car manufacturer. Along with $900m of working capital from Geely and a commitment to build a Volvo factory in China, Mr Li has a target of driving sales to 600,000 by 2015 in the domestic market.

2013

In 2013, Hurun Report ranked Li No. 63 richest person in mainland China and had a net worth of US$ 2.6 billion.