$12.8B
$-328M
(-2.5%)

SG
· Age 75
Source of wealth: Medical devices
Industry: healthcare
Residence: Shenzhen, CN
{
"bio": [
"Li Xiting is cofounder and chairman of Shenzhen Mindray Bio-Medical Electronics, a supplier of medical devices.",
"Mindray, founded in 1991, is headquartered in Shenzhen. Li, a Singapore citizen, divides his time between Shenzhen and Singapore.",
"The company acquired a 21% stake in APT Medical, a Shenzhen-based cardiology equipment maker, for more than $900 million in 2024.",
"Mindray's cofounder and director Xu Hang is also a billionaire."
],
"about": [
"Li holds an undergraduate degree from the University of Science and Technology of China.",
"During the Covid-19 pandemic, Mindray donated $4.6 million worth of medical devices to hospitals in hard-hit areas like Wuhan and northern Italy."
]
}