#80 Billionaire
Li Shufu
$20.7B
CN
· Age 62
Source of wealth: Automobiles
Industry: automotive
Residence: Hangzhou, CN
{
"bio": [
"Li Shufu is the chairman of Geely Automobile Holdings, one of China's largest automakers and one of the few not controlled by the state.",
"Through his private holding company, he has been expanding globally since 2010, when he acquired Swedish car brand Volvo.",
"Li has also bought stakes in Daimler and sportscar maker Lotus.",
"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.\""
],
"about": [
"Li holds an engineering degree from Yan Shan University and is a member of the Chinese People's Political Consultative Conference.",
"Li is the son of a farmer from China's eastern Zhejiang province."
]
}
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