What is Li Hejun's Net Worth?

Li Hejun is a Chinese businessman who has a net worth of $500 million. A 2014 debutante in the billionaires club, he was at one time the richest person in China. His net worth famously dropped by 90% nearly overnight.

Mr. Hejun rose to riches as Chairman of Hanergy Holding Group, one of the largest producers of thin-film solar panels and equipment in the world. It was throughout the past year and a half that the company saw a dramatic rise in a series of acquisitions, including the purchase of MiaSole, California-based producer of thin-film solar panels. Hanergy Holding Group plans to expand further, claiming it can make the emerging technology successful where others have failed to do so and suffered huge losses. Aside from the rising maker of photovoltaic (PV) devices, Li Hejun also owns one of the world's largest privately held hydro-power plants, stationed in western China.