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Li
Eric Li
Rank #154
CHINAAutomotiveAutomobiles

Eric Li

Net Worth
$17.674B
+1.8% (24h)
Eric Li, also known as Li Shufu, is a prominent Chinese billionaire and the chairman of Zhejiang Geely Holding Group. Born in 1963, Li has shaped the automotive industry since founding Geely in 1986. His source of wealth stems from automobiles. Li's career includes the successful acquisition of Volvo Cars in 2010 and a significant stake in Daimler. His achievements include transforming Geely into a global automotive powerhouse, with a diverse portfolio of brands like Geely Auto, Lynk & Co, and Zeekr. As of March 10, 2026, his estimated net worth is $17.8 billion.

How to read Eric Li's profile

Public net-worth figures are estimates. They combine observable inputs—typically listed equity, disclosed transactions, and market prices—with editorial judgment where filings are incomplete (for example, private holdings, debt, or cross-holdings). For Eric Li, we anchor the narrative to Automobiles and Automobiles, then update the headline number as markets move. The chart on this page is meant to show trajectory, not a certified balance sheet.

When you see $17.674B alongside global rank #154, interpret it as our best synthesis of widely cited ownership and price signals—not a claim about cash on hand. Estimates can diverge from other publishers because of different treatment of options, trusts, charitable vehicles, or illiquid assets. We document the general approach in methodology and welcome corrections via corrections.

Country (CHINA) and career milestones on this page are curated for reader context; they should be verified against primary sources when used for research. Editorial metadata for this profile is refreshed on a rolling basis, with deeper audits at least annually (last noted cycle: 2026).

Looking for depth? When available, the dossier and timeline sections below add long-form context beyond the headline number—prioritize those modules when evaluating claims about strategy, controversies, or philanthropic commitments.

The Full Dossier

Early Life

Eric Li, also known as Li Shufu, was born on June 25, 1963, in Taizhou, Zhejiang, China. Li's early childhood was spent in Taizhou, where he developed an interest in business and innovation. He holds an engineering degree from Yanshan University.

Rise to Success

Li Shufu founded Geely in 1986, initially focusing on refrigerator parts before transitioning to motorcycle manufacturing in 1994. He entered the automotive industry in 1997, becoming China's first privately-owned car manufacturer. Geely's first car, the Geely Haoqing, rolled off the assembly line in 1998. A significant milestone was the acquisition of Volvo Cars in 2010. Geely went public on the Hong Kong Stock Exchange in 2004.

Key Business Strategies

Geely's success is attributed to its strategic acquisitions and expansion into new markets, including the development of electric vehicle brands like Zeekr. Geely has also focused on technological innovation, as seen in its development of Full-Domain AI 2.0. The company has expanded its R&D and design centers globally.

Philanthropy

Information on Eric Li's specific philanthropy amounts is not readily available in the search results. He is known to support educational and healthcare initiatives in China.

Career Timeline

2010

Acquired Volvo Cars

Geely acquired Volvo Cars.

2004

Geely Automobile Holdings Listed

Geely Automobile Holdings Limited was listed on the Hong Kong Stock Exchange.

1997

Entered Automotive Industry

Geely entered the automotive industry, becoming China's first privately-owned car manufacturer.

1994

Entered Motorcycle Industry

Geely transitioned into the motorcycle industry.

1986

Founded Geely

Founded Geely, initially as a refrigerator parts manufacturer.

Philanthropic Impact

Education & HealthcareUndisclosed

Educational and Healthcare Initiatives

Supports educational and healthcare initiatives in China.

Key Business Ventures & Holdings

Net Worth History

In-Depth Analysis

Early Life

Eric Li, also known as Li Shufu, was born on June 25, 1963, in Taizhou, Zhejiang, China. Li's early childhood was spent in Taizhou, where he developed an interest in business and innovation. He holds an engineering degree from Yanshan University.

Rise to Success

Li Shufu founded Geely in 1986, initially focusing on refrigerator parts before transitioning to motorcycle manufacturing in 1994. He entered the automotive industry in 1997, becoming China's first privately-owned car manufacturer. Geely's first car, the Geely Haoqing, rolled off the assembly line in 1998. A significant milestone was the acquisition of Volvo Cars in 2010. Geely went public on the Hong Kong Stock Exchange in 2004.

Key Business Strategies

Geely's success is attributed to its strategic acquisitions and expansion into new markets, including the development of electric vehicle brands like Zeekr. Geely has also focused on technological innovation, as seen in its development of Full-Domain AI 2.0. The company has expanded its R&D and design centers globally.

Philanthropy

Information on Eric Li's specific philanthropy amounts is not readily available in the search results. He is known to support educational and healthcare initiatives in China.

Data Sources & Methodology

Figures for Eric Li are synthesized from the sources below and cross-checked against our net worth methodology. Estimates may lag market moves; see corrections to report discrepancies.