BillionaireNet
Li
David Xueling Li
Rank #2433
CHINATechnologyLive streaming service

David Xueling Li

Net Worth
$1.52B
+1.05% (24h)
David Xueling Li is a prominent Chinese entrepreneur and technology leader, best known as the co-founder and director of JOYY Inc., a global social media and live streaming platform. With an estimated net worth of $1.5 billion, Li's wealth primarily stems from his pioneering work in the live streaming industry. He served as the CEO and Chairman of JOYY from its inception until August 2024. Li's career includes roles as Chief Editor at Netease.com Inc. and the founder of CFP.cn, a copyright trading platform. His achievements include leading JOYY's strategic development and international expansion, solidifying its position in the global market.

The Full Dossier

Early Life and Education

David Xueling Li was born in China. He received a Bachelor's degree in philosophy from Renmin University of China in 1997. Before his career in technology, he founded CFP.cn, a website that provided a copyright trading platform for journalists and amateur photographers in 2000.

Rise to Success

Li's career took a significant turn when he became the Chief Editor at Netease.com Inc. from 2003 to 2005. In 2005, he founded Duowan.com, a gaming portal. This venture showcased his understanding of online content and community, which would later be pivotal in his success. The success of Duowan.com laid the foundation for his next major project.

Key Business Strategies

In 2005, Li founded YY Inc. (now JOYY Inc.). Under Li's leadership, JOYY Inc. transformed from a voice-based social media platform to a global giant in the live streaming and short-form video industry. He served as Chairman from August 2016 to August 2024 and as CEO substantially throughout the period from the company’s inception until August 2024. He spearheaded the company's global expansion, significantly enhancing its international presence and market reach. The company went public on the NASDAQ in November 2012.

Philanthropy

I was unable to find any information regarding David Xueling Li's specific philanthropic endeavors or amounts.

Career Timeline

2016-2024

Chairman

Served as Chairman of JOYY Inc..

2012

NASDAQ IPO

Led YY Inc. to its IPO on the NASDAQ.

2005

Founded YY Inc. (now JOYY Inc.)

Founded the company and led its strategic development and global expansion.

2005

Founded Duowan.com

Launched Duowan.com, a gaming portal.

2003-2005

Chief Editor at Netease.com Inc.

Served as the chief editor.

2000

Founded CFP.cn

Founded CFP.cn, a website providing a copyright trading platform.

1997

Education

Received a bachelor's degree in philosophy from Renmin University of China.

Philanthropic Impact

Category$XB

REAL initiative

REAL description

Wealth Trajectory