A Chinese entrepreneur named Lin Li has a net worth of $1.3 billion.
A self-made billionaire, Mr.
Li amassed his wealth through a range of profitable investments.
He is the founder and current chairman of the Shenzhen Liye Group, which he has interests in power equipment manufacturing, chemical industry, energy, real estate, biomedicine, and finance.
He is a significant investor in the Guangdong Development Bank and holds the largest share in Chinalion Securities Co., Ltd. through the group.
After graduating from Hubei University of Technology, Lin started his professional journey at the Bank of China in bustling Shenzhen. He then worked for another lender, the Agricultural Bank of China, and supplemented his earnings by investing in stocks.
In 1995, he resigned from banking to establish Liye Group, where he primarily invested in finance, electronics, and mineral water.
The best bet was to purchase shares of Chinese insurance company Ping An Insurance for $68 million at an auction in 2003.
Today, they make the most of his riches.