BillionaireNet
family
Li Zhenguo & family
Rank #1137
CHINAManufacturingSolar wafers and modules

Li Zhenguo & family

Net Worth
$3.582B
-0.44% (24h)
Li Zhenguo, born on January 5, 1968, is a Chinese billionaire and the driving force behind LONGi Green Energy Technology, a leading global producer of solar modules. His source of wealth stems from his success in the solar wafers and modules industry. Graduating from Lanzhou University, Li began his career in the semiconductor industry before co-founding LONGi in 2000 with classmates and his wife, Li Xiyan. Over the years, Li's leadership has transformed LONGi into a major player in the renewable energy sector, with a focus on monocrystalline silicon technology, driving efficiency and innovation in the solar industry. His current net worth is estimated at $3.7 billion.

The Full Dossier

Early Life

Born in China on January 5, 1968, Li Zhenguo grew up with a keen interest in science and technology. He graduated from Lanzhou University with a degree in materials science.

Rise to Success

Li Zhenguo co-founded LONGi Green Energy Technology in 2000 with his wife, Li Xiyan, and classmates. Initially, the company focused on supplying reprocessed silicon materials. However, under Li's leadership, LONGi shifted its focus to the solar industry, specializing in monocrystalline silicon products. This strategic move proved prescient, as the global market began to favor monocrystalline panels due to their efficiency.

Key Business Strategies

LONGi's success is attributed to Li's focus on technological excellence and environmental responsibility. The company invested heavily in research and development, becoming the world's largest manufacturer of monocrystalline silicon wafers. The company has manufacturing plants in China, India, and Malaysia.

Philanthropy

Li Zhenguo is a philanthropist and has been involved in various charitable activities. He supported low-income students and donated to children with congenital heart diseases through the LONGi 1% Foundation of the Red Cross of China.

Career Timeline

2022

LONGi becomes the world's biggest monocrystalline silicon solar maker

Recognized as the world's largest manufacturer of monocrystalline silicon solar modules.

2012

LONGi listed on the Shanghai Stock Exchange

The company's market capitalization grew substantially after listing.

2000

Co-founded LONGi Green Energy Technology

Founded the company with classmates and his wife, focusing on monocrystalline silicon products.

Philanthropic Impact

EducationUndisclosed

Support for low-income students

Supported low-income students from multiple colleges and universities including Lanzhou University.

HealthUndisclosed

Donations to Children with Congenital Heart Diseases

Supported children with congenital heart diseases.

GeneralUndisclosed

LONGi 1% Foundation

Sponsor of the LONGi 1% Foundation of the Red Cross of China.

Wealth Trajectory