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Li Shufu Net Worth

Li Shufu Net Worth

Net Worth: $10.9 Billion

  • Source of Wealth Automobiles
  • Birth Place Taizhou, China
  • Marital Status Married
  • Full Name Li Shufu
  • Nationality China
  • Date of Birth 1963
  • Ethnicity Chinese
  • Occupation Businessman
  • Education Yanshan University
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About Li Shufu

Chinese businessman Li Shufu has an estimated net worth of $10.9 billion as of January 2018. He is affiliated with Zhejiang Geely Holding Group Co. Ltd. where he currently serves as the Chairman.

Li Shufu was born in 1963 in Taizhou, Zhejiang, China. He completed his master’s degree from Yanshan University. Currently married, Li Shufu is now based in Hangzhou, Zheijiang Province.

In 1986, Li Shufu launched Geely Automobile where he also serves as the Chairman. Today, Geely Automobile is considered as China’s second largest private automobile manufacturer. In March 2010, he sealed a deal which was reported to cost around U.S. $1.8 billion in order to purchase Volvo Cars from Ford Motor Company. The deal was considered as the largest foreign purchase made by a Chinese car manufacturer.