2004 China Rich List
Li Shufu - 2004 China Rich List:No.34
| 2004 wealth (US m): |
265 |
| 2003 wealth (US m): |
- |
| age: | 41 |
| birthplace: | Taizhou, Zhejiang |
| company: | Geely Group |
| head office: | Zhejiang |
| industry: | Automobiles |
| listing: | Hong Kong – 175 Geely Automobile Holdings (May 2004) |
| personal info: | Geely can barely make cars fast enough. On the back of China’s car boom, Geely last year sold 70, 000 low priced sedans, generating sales of US$565 million (2002: US$370 million) and with 10,000 employees. This past year Geely has announced a US$360 million investment into Hainan tourism and a college, and a US$590 million investment into a new plant for his sports car model. Li, a farmer’s son, turned his hand to several industries including refrigerator parts with his brother, decoration materials, Hainan real estate and motorcycles, before settling on cars in 1998. Li owns a Guangzhou soccer team. |
| other list rank: |
