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Li
Zhang Li
Rank #1737
CHINA•real-estate•Real estate

Zhang Li

Net Worth
$2.267B
+0.24% (24h)
Zhang Li, born in 1953, is a prominent Chinese entrepreneur primarily known for his significant contributions to the real estate industry. As a co-founder of Guangzhou R&F Properties, he has been a key figure in the company's growth. His primary source of wealth is real estate. Zhang Li's career includes a background in government before transitioning into the construction and real estate sectors. His net worth is approximately $2.5 billion. Zhang's career has been marked by strategic investments and leadership within Guangzhou R&F Properties.

The Full Dossier

Early Life

Born in Guangzhou, Guangdong, China, in 1953, Zhang Li's early life involved a period working in a textile factory before transitioning to a role in the local government. He later entered the construction industry.

Rise to Success

Zhang Li co-founded Guangzhou R&F Properties in 1994 with Li Sze Lim. The company quickly grew into one of the largest real estate developers in Guangzhou. In 2005, it was listed on the Hong Kong Stock Exchange. Zhang served as CEO until late 2023.

Key Business Strategies

A key strategy for Guangzhou R&F Properties has been diversification into hotels, offices, shopping malls, and residential properties. The company expanded its reach by acquiring assets and properties across China and internationally. The company focused on integrating real estate design, development, engineering supervision, sales, property management, and real estate intermediary services.

Philanthropy

Specific details about Zhang Li's philanthropic endeavors are not readily available.

Career Timeline

2023

Resigned as CEO of Guangzhou R&F Properties

Stepped down from the role after a bribery scandal.

2017

Acquired 77 Hotels from Wanda Group

Expanded R&F's hotel portfolio, making it one of the largest luxury hotel owners.

2005

Guangzhou R&F Properties Listed

Took the company public on the Hong Kong Stock Exchange.

1994

Co-founded Guangzhou R&F Properties

Established the real estate development company with Li Sze Lim, which later became a major player in the Chinese real estate market.

Philanthropic Impact

N/AUndisclosed

N/A

Information not available.

Wealth Trajectory