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.

Li Shufu Latest News

Volvo buy lifts Geely; JLR deal less dynamic for Tata

Under Chairman Li Shufu, Volvo was able to lower its costs and gain economies of scale by manufacturing and selling in China, the world's largest auto market. Geely in return benefited from the technology of the more established Swedish automaker through ...
Posted: August 14, 2017, 5:04 am

Kandi Technologies' (KNDI) CEO Hu Xiaoming on Q2 2017 Results - Earnings Call Transcript

Good morning or good evening. I have got two questions. The first one is with all the recent acquisitions that Li Shufu has been making globally, there seems to be a distinct feeling that he is in no great rush for the Kandi JV to become a top priority for ...
Posted: August 9, 2017, 5:00 am

Jaguar and Volvo's Asian Owners See Their Fortunes Diverge

Under Chairman Li Shufu, Volvo Cars was able to lower its costs and gain economies of scale by manufacturing and selling in China, the world’s largest auto market. Geely in return benefited from the technology of the more established Swedish automaker ...
Posted: August 13, 2017, 3:01 pm

Geely’s Q1 profit more than doubles with Volvo input

while offering synergies that will enable Lynk & Co to achieve its full potential,” Geely chairman Li Shufu said at the JV’s signing ceremony in Hangzhou. The hot-selling Boyue (it was launched in March 2016, but demand still outstrips supply today ...
Posted: August 16, 2017, 1:04 am

Geely's Volvo buy reaps reward, but not Tata's JLR buy

Under chairman Li Shufu, Volvo Cars was able to lower its costs and gain economies of scale by manufacturing and selling in China, the world's largest car market. Geely in return benefited from the technology of the more established Swedish carmaker ...
Posted: August 14, 2017, 2:15 pm
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