Li Shufu Net Worth is1,400 $Million
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Li Shufu (simplified Chinese: ae??a??c??; traditional Chinese: ae??ae?,c??; pinyin: LC? ShA<Li Shufu was born in Taizhou, Zhejiang, People's Republic of China in 1963. Li is the founder and current Chairman of the Geely Automobile, which is the second largest private automobile manufacturer in China. Currently, Li resides in Hangzhou, the capital city of Zhejiang Province.
In 2011, Forbes ranked Li No. 35 richest person in Mainland China and had a net worth of US$ 1.9 billion.
On 28 March 2010, Geely signed a deal worth US$ 1.8 billion to buy Volvo Cars from American automobile manufacturer Ford Motor Company. It was the largest foreign purchase by a Chinese car manufacturer.

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Li Shufu Latest News

No fears about Chinese magnate Li Shufu: Daimler CEO

German car maker Daimler AG’s boss said yesterday there was no indication the firm’s largest shareholder, Chinese auto magnate Li Shufu, was planning a hostile takeover after he took a $9bn stake in t...
Posted: April 26, 2018, 3:46 am

Li Shufu has a US$15 million dream for Geely’s London black taxis to ply the world’s city streets

London’s iconic black taxi, rescued from bankruptcy five years ago by China’s largest privately-owned carmaker, now occupies pride of place within the stable of its parent Zhejiang Geely Holding Group ...
Posted: July 6, 2018, 2:13 pm

No signs of hostile takeover by Chinese car magnate Li Shufu- Daimler CEO

Reuters quoted German car maker Daimler's boss as saying that there was no indication the firm's largest shareholder, Chinese auto magnate Mr Li Shufu, was planning a hostile takeover, after he took a ...
Posted: April 27, 2018, 5:00 am
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