Li Lu Net Worth is$100 Million
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A Chinese investment banker, fund manager and investor, Li Lu has a net worth of $100 million. Li Lu gained his net worth by being the founder and chairman of Himalaya Capital Management. Lu was born in Tangshan, China, and first majored in Physics at Nanjing University before switching to Economics. In 2001, the World Economic Forum named Lu the "Global Leader of Tomorrow".
Li Lu (born April 6, 1966) is a Chinese-American investment banker and fund manager. He is the founder and Chairman of Himalaya Capital Management. He was one of the student leaders of the 1989 Tiananmen Square student protests, an experience he recounted in a 1990 book, Moving the Mountain: My Life in China, that was the basis of a 1994 documentary by Michael Apted.
Li Lu was born and grew up in Tangshan, China. He was a survivor of 1976 Tangshan earthquake. In 1985, he went to Nanjing University, majored in Physics but later transferred to Economics. In 1989, he participated in the Tiananmen Square student protests and became one of the student leaders. He helped organize the students and participated in a hunger strike. He fled the PRC through Operation Yellowbird.
After the crackdown of the movement, he left China and went to study at Columbia University. In 1990, he published a book about his experience in China titled Moving the Mountain: My Life in China (ISBN 0-399-13545-6). The book was the basis of a 1994 feature-film documentary, Moving the Mountain, produced by Trudie Styler and directed by Michael Apted, which probed the origins of the 1989 protests in Tiananmen Square and the consequences of the movement in the lives of several of the movement's student leaders.
Li graduated from Columbia receiving three degrees simultaneously: a B.A. in Economics, a M.B.A. and a J.D. in 1996.
Li was inspired to get into banking after hearing Warren Buffett, a Columbia alumnus, give a lecture at Columbia in 1993. Upon graduation, Li Lu worked in an investment bank until late 1997, when he founded Himalaya Capital Management. From 1998 to 2004, he managed both a hedge fund and a venture capital fund. His fund suffered a 19% percent loss in 1998 from the Asian Financial Crisis. In late 2004, he transformed the hedge fund into a long only investment vehicle, LL Investment Partners, LP, which is currently focused on global investment opportunities. Charlie Mung

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FEATURE: For the love of Lu Xun

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Posted: December 9, 2016, 4:57 am
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