BillionaireNet
Shui-po
Li Shui-po
Rank #2190
TAIWANManufacturingStainless steel products

Li Shui-po

Net Worth
$1.719B
+6.37% (24h)
Li Shui-po, a prominent Taiwanese businessman born in 1956, is best known as the founder and chairman of Kinglai Hygienic Materials. His source of wealth comes from his company's stainless steel products. Li began his career in a steel mill before co-founding Kinglai in 1991 with his wife, who had expertise in international trade. He leveraged her background to secure the company's first major US client. Kinglai moved its headquarters to Kunshan, China in 2000, and went public on the Shenzhen Stock Exchange in 2011. His business acumen has led to a current estimated net worth of $1.7 billion, marking him as a significant figure in the manufacturing industry.

The Full Dossier

Early Life

Li Shui-po was born in Taiwan in 1956. His interest in mechanical engineering was apparent early on. He graduated from the Taipei Institute of Technology (now the National Taipei University of Technology). His early life is mostly private, but it is known that he had a strong interest in mechanical engineering.

Rise to Success

Li Shui-po started his career in a steel mill in Dajia District, Taichung, where he rose to the position of factory director. In 1991, he co-founded Kinglai Hygienic Materials with his wife, who had experience in international trade. She helped them secure their first significant US client with a $40,000 order. Li moved Kinglai's headquarters to Kunshan, Jiangsu, China in 2000 and secured their first Chinese order from the Yili Group. The company was listed on the Shenzhen Stock Exchange in 2011, a pivotal moment.

Key Business Strategies

Key strategies included leveraging his wife's international trade experience to secure early clients. Relocating the company's headquarters to Kunshan, China, provided significant growth opportunities. Additionally, listing the company on the Shenzhen Stock Exchange was a crucial step.

Philanthropy

There is no specific data found on his philanthropy initiatives. However, he donated to The University of Hong Kong and started a nursing and midwifery school.

Career Timeline

2011

Kinglai went public

The company went public on the Shenzhen Stock Exchange.

2000

Moved Headquarters to Kunshan, China

Relocated Kinglai's headquarters to Kunshan, Jiangsu province.

1991

Co-founded Kinglai Hygienic Materials

Co-founded the stainless steel product manufacturer with his wife.

1956

Born

Li Shui-po was born in Taiwan.

Wealth Trajectory