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#207 Billionaire

Li Xiting

$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." ] }

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