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Li Guoqiang Net Worth

Li Guoqiang Net Worth

Net Worth: $1 Billion

Statistics
  • Source of Wealth Auto Distribution
  • Birth Place China
  • Marital Status Married
  • Full Name Li Guoqiang
  • Nationality China
  • Ethnicity Chinese
  • Occupation Businessman
  • Education Shanghai Institute of Optics and Fine Mechanics, Chinese Academy of Sciences
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About Li Guoqiang

Chinese businessman Li Guoqiang has an estimated net worth of $1 billion as of March 2013 according to Forbes.

Currently, Li Guoqiang serves as the chief executive officer of Zhongsheng Group Holdings Limited, a China-based company that specializes in auto distribution. Together with Huang Yi, they founded the group in 1998. In March 2010, the company went public. The group is actively involved in selling high end cars in China which include Lexus, Audi, Toyota, Lamborghini, Volvo, Honda, Mercedes Benz, Honda and Porsche.

Zhongsheng Group is currently listed in Hong Kong Stock Exchange. In 1998, the company opened its first Nissan and Toyota dealerships. A year later, its Audi dealership was launched. In 2002, its dealership in Shanghai opened. In 2005, its Honda and Lexus dealerships were launched. In the same year, dealership in Guangdong officially started.

Since 2009, Li Guoqiang has been working for China Automobile Dealers Association as its deputy chairman.