Li Shuirong & family

Li Shuirong & family

$13.83 B

Ranked #207 in World

About Li Shuirong & family

Chinese billionaire Li Shuirong, known for founding Zhejiang Rongsheng Holding Group, a leading petrochemical company, marks his presence in the 2022 Forbes Billionaires List at 192nd with a fortune of $10.3 billion. Commencing with Yinong Network Chemical Fiber Factory in 1989, Li Shuirong's venture evolved significantly, notably after becoming China's first private oil refiner authorized to export refined oil in 2020.

Born

July 01, 1956

Age

69 years

Source Of Wealth

Petrochemicals

Industries

Manufacturing

Citizenship

China

Residence

Hangzhou

Li Shuirong was born in 1966 in a small village in Zhejiang province, China. His early life was marked by the challenges of growing up in a rural area during a period of economic and social change in China.

Li Shuirong & family: Family

Li Shuirong comes from a humble family background. His parents were farmers, and he has several siblings. Despite the limited resources available to his family, Li Shuirong showed a strong determination to succeed from a young age.

Li Shuirong & family: Career Highlights

Li Shuirong's career journey began in 1989 when he founded Yinong Network Chemical Fiber Factory, which specialized in producing polyester fiber cloth. As the polyester industry shifted upstream, Li Shuirong saw an opportunity and founded Zhejiang Rongsheng Holding Group, a petrochemical producer.

Under Li Shuirong's leadership, Zhejiang Rongsheng Holding Group grew into a major player in the petrochemical industry. In 2020, the company achieved a significant milestone by becoming the first private oil refiner in China to obtain permission from the government to export refined oil products.

Li Shuirong & family: Companies

Li Shuirong is the Chairman of Zhejiang Rongsheng Holding Group, a leading petrochemical producer in China. The company has a diversified portfolio of businesses, including oil refining, petrochemical production, and textile manufacturing.

Li Shuirong & family: Major Achievements

Li Shuirong's major achievements include building Zhejiang Rongsheng Holding Group into a successful petrochemical enterprise and obtaining permission from the Chinese government to export refined oil products, a significant milestone for private oil refiners in China.

Li Shuirong & family: Awards & Achievements

Li Shuirong's contributions to the petrochemical industry have been recognized through various awards and honors. He has been named one of China's top entrepreneurs and has received awards for his leadership and innovation in the industry.

Li Shuirong & family: Personal Life & Legacy

Li Shuirong is known for his dedication to his work and his commitment to social responsibility.

He has made significant contributions to charitable causes and has supported educational initiatives in his home province of Zhejiang.

Li Shuirong & family: Trivia

Li Shuirong's success story serves as an inspiration to aspiring entrepreneurs in China and beyond. Despite facing challenges and limitations, he was able to build a multi-billion dollar business through hard work, determination, and a keen eye for opportunities.

Wealth History

Timeline

1989

Li Shuirong founded Yinong Network Chemical Fiber Factory, producing polyester fiber cloth.

N/A

Founded Zhejiang Rongsheng Holding Group after the polyester industry shifted upstream.

2020

Zhejiang Rongsheng Holding Group became the first private oil refiner to obtain permission from the Chinese government to export refined oil products.

2022

Li Shuirong made the Forbes Billionaires List with an estimated wealth of $10.3 billion, ranking 192nd.

Li Shuirong & family : FAQs

What is Li Shuirong's current net worth?

Li Shuirong's current net worth is $13.83 billion.

What is Li Shuirong's current global rank among billionaires?

Li Shuirong holds the 207th position globally among billionaires.

What is Li Shuirong's current ranking within the China?

Li Shuirong holds the 27th position in China.

What was the change in Li Shuirong's net worth compared to the previous year?

Li Shuirong's net worth increased by 732.31 million dollars compared to the previous year 2025, when his net worth was 13.10 billion dollars.

What is the recent change in Li Shuirong's net worth?

Li Shuirong's net worth decreased by 44.15 million dollars recently, a 0.32% decrease, with his net worth standing at 13.83 billion dollars.

What are Li Shuirong's main sources of wealth?

Li Shuirong's main source of income comes from Petrochemicals.

In which industry does Li Shuirong primarily operate?

Li Shuirong is primarily involved in the Manufacturing industry.

How old is Li Shuirong?

Li Shuirong is 69 years old.

How many children does Li Shuirong have?

Li Shuirong has 1 children.

Who is Li Shuirong?

Li Shuirong is a Chinese billionaire and businessman, known for being the chairman of Zhejiang Rongsheng Holding Group, a major petrochemical producer in China.

What is the Zhejiang Rongsheng Holding Group?

Zhejiang Rongsheng Holding Group is a petrochemical producer founded by Li Shuirong that focuses on the production of polyester fiber and other related products. It's a significant player in the industry, especially after becoming the first private oil refiner in China to be granted permission to export refined oil products in 2020.

How did Li Shuirong start his career in the polyester industry?

Li Shuirong entered the polyester industry by founding the Yinong Network Chemical Fiber Factory in 1989, where he initially produced polyester fiber cloth before eventually expanding and shifting upstream in the industry.

What was a milestone achievement for Zhejiang Rongsheng Holding Group in 2020?

In 2020, a milestone achievement for Zhejiang Rongsheng Holding Group was obtaining permission from the Chinese government to export refined oil products, making it the first private oil refiner in China to achieve this status.

Where does Li Shuirong stand on the Forbes Billionaires List?

As of 2022, Li Shuirong made the Forbes Billionaires List with an estimated wealth of $10.3 billion, ranking him at 192nd place among the world's billionaires.
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