12 Most Influential Chinese Entrepreneurs

8. Li Shufu

Date of Birth: June 25, 1963 (age 57 years)

Occupation: Founder and chairman of Zhejiang Geely Holding Group

Net Worth: $22.3 Billion (as of January 2nd, 2021)

Owner of the car manufacturing giant Geely, Li has been working on his company for the past 34 years. Now, Geely is the second largest private automobile manufacturer in China, selling 1,320,217 units in 2020. In 2008, Geely acquired the brand Volvo from the American car company Ford Motor Company (NYSE: F) and also bought shares of the German car manufacturer Mercedes-Benz. However, Li’s dream is more than just making cars. In 2020, his company announced their decision to create a network of satellites to provide high-positioning precision services.

Shevel Artur/Shutterstock.com