$9.8B
$-166M
(-1.7%)

SG
· Age 48
Source of wealth: Online gaming, e-commerce
Industry: media-entertainment
Residence: Singapore, SG
{
"bio": [
"Stanford grad Forrest Li founded and runs online gaming and e-commerce firm Sea, which also has interests in e-payments and financial services.",
"Li entered the ranks of Singapore's richest after listing Sea on the New York Stock Exchange in 2017.",
"Backed by Tencent, which has a sizable stake, Sea also attracted other investors such as private equity firm General Atlantic and Malaysian billionaire Robert Kuok's son Kuok Khoon Hua.",
"In 2023, Sea booked its first-ever annual net profit since its IPO.",
"Sea has rolled out digital banking services in Southeast Asia, Taiwan and Brazil."
],
"about": [
"When a college tutor couldn't pronounce his Chinese name Xiaodong, Li adopted the name Forrest after watching the movie Forrest Gump.",
"Li used to work as a recruiter for Motorola in Shanghai.",
"In 2022, Sea shut down its Indian e-commerce unit, citing market uncertainties."
]
}