What is Lin Li's Net Worth?
Lin Li is a Chinese businessman who has a net worth of $1.3 billion. A self-made billionaire, Mr. Li accumulated his wealth through various lucrative investments. As founder and current chairman of the Shenzhen Liye Group, he holds interests in power equipment manufacturing, chemical industry, energy, real estate, biomedicine and finance. Also, through the group he is a major investor to Guangdong Development Bank, as well as the largest shareholder in Chinalion Securities Co., Ltd. A graduate of Hubei University of Technology, Lin made his career beginnings at the Bank of China in freewheeling Shenzhen.
Later on, he spent time working for another lender, the Agricultural Bank of China, and added to his income by investing in stocks. In 1995 he quit banking to establish his Liye Group, mainly investing in finance, electronics and mineral water. When it comes to his best bet, it's a purchase of $68 million shares of Chinese insurer Ping An Insurance at auction in 2003. Today, they make the most of his fortune.
