REAL TIME NET WORTH $18.7B as of 4/24/21 Li Shufu is the chairman of Geely Automobile Holdings, one of China's largest automakers and one of the few not controlled by the state.

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2021-04-14 · Chinese billionaire Li Shufu’s Geely, which also controls Sweden-based Volvo Cars, purchased a stake in Group Lotus in 2017. It owns 51 percent of the company,

"It goes from 0 to 100, he said, in 3.8 seconds." Carmaker Geely is going beyond China and taking on EV giants like Tesla with its own electric car ambitions. @TomMackenzieTV takes a spin on a Zeekr 001 with @GeelyGlobal President An Cong Hui. 2021-04-14 · Chinese billionaire Li Shufu’s Geely, which also controls Sweden-based Volvo Cars, purchased a stake in Group Lotus in 2017. It owns 51 percent of the company, Geely’s billionaire founder Li Shufu is helming the company’s second attempt to electrify its product lineup after a previous effort, known as the Blue Geely Initiative, failed to meet its goal of having 90% of Geely sales consist of new-energy vehicles by 2020. 2020-09-02 · Geely Auto Moves Closer to Potential $2.9 Billion China Listing - Controlling shareholder billionaire Li Shifu targets STAR Market to raise cash for new technologies, new models and acquisitions as Geely moves to merge with Li’s Volvo Geely's billionaire founder Li Shufu is helming the company's second attempt to electrify its product lineup after a previous effort, known as the Blue Geely Initiative, failed to meet its goal of Billionaire Li Shufu’s Geely Automobile Holdings Ltd. surged in Hong Kong trading after the company announced plans to merge with Swedish affiliate Volvo Cars, a move that could pave the way for 2021-04-17 · The introduction of Zeekr is the second attempt by Geely’s billionaire founder Li Shufu to crack the EV market.

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It was established in 1986 and entered the automotive industry in 1997 with its Geely Auto brand. Li Shufu is a Chinese billionaire business magnate and entrepreneur. He is the founder and chairman of Zhejiang Geely Holding Group. Geely Automobile Holdings plans to raise 20 billion yuan ($2.93 billion) from a public share sale on Shanghai’s Nasdaq-style STAR Market to invest in new car models and technologies, exchange Now the billionaire’s name pops up as soon as there is a whiff of a deal in the industry.

This video will show you all the luxury cars, homes, yachts and lifestyle of the billionaire entr Geely’s billionaire founder Li Shufu is helming the company’s second attempt to electrify its product lineup after a previous effort, known as the Blue Geely Initiative, failed to meet its goal of having 90% of Geely sales consist of new-energy vehicles by 2020. 2020-01-16 · Now the billionaire’s name pops up as soon as there is a whiff of a deal in the industry. Not only did Li’s Zhejiang Geely Holding Group snap up Volvo in 2010, he made the acquisition work and followed up with purchases of Lotus Cars, London’s iconic black cabs and a stake in Daimler.

2018-04-25

May 24, 2017 Geely will become majority stakeholder in Lotus as the British owned by Malaysian billionaire Syed Mokhtar Al-Bukhary, take the remainder. Feb 23, 2018 Geely is run by its chairman, noted Chinese billionaire entrepreneur Li Shifu.

Geely billionaire

Zhejiang Geely Holding Group Co., Ltd (ZGH), commonly known as Geely, is a Chinese multinational automotive company headquartered in Hangzhou, Zhejiang. The company is privately held by Chinese billionaire business magnate Li Shufu. It was established in 1986 and entered the automotive industry in 1997 with its Geely Auto brand.

Geely billionaire

2016-10-24 · Li Shufu, founder and chairman of Geely Automobile Holdings Ltd., arrives for the Closing Ceremony [+] of the Chinese People's Political Consultative Conference on March 14, 2016 in Beijing, China. (Bloomberg) -- Chinese billionaire Li Shufu shook up the car industry with an eye-catching run of deals among traditional, European automakers that made his Zhejiang Geely Holding Group Co. a Geely's billionaire owner still wants to add brands. When auto tycoon Li Shufu emerged as a suitor for Volvo Cars a decade ago, few outside China had heard of him. Now the billionaire’s name 2018-04-25 · That's the master plan of billionaire Li Shufu, who has catapulted from founding Geely Group as a refrigerator maker in the 1980s to owning Volvo Cars, British sports carmaker Lotus, London Black 2020-01-18 · China's Geely billionaire still keen on iconic British brands. Li Shufu.

Geely billionaire

The company is privately held by Chinese billionaire business magnate Li Shufu. It was established in 1986 and entered the automotive industry in 1997 with its Geely Auto brand. Chinese billionaire Li Shufu’s Geely, which also controls Sweden-based Volvo Car AB, purchased a stake in Group Lotus in 2017. It owns 51% of the company, including both Lotus Cars and (Bloomberg) -- When auto tycoon Li Shufu emerged as a suitor for Volvo Cars a decade ago, few outside China had heard of him. Now the billionaire’s name pops up as soon as there is a whiff of a deal in the industry.
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That's the easy concl Our car experts choose every product we feature. We may earn money from the links on this page. Chinese automaker Zhejiang Geely Holding Group Co., Ltd., has finalized plans to buy Volvo from Ford. The agreement will see Geely owning 100 pe Driving a Volvo PV444 in the Pikes Peak Hill Climb. Our car experts choose every product we feature.

Not only did Li’s Zhejiang Geely Holding Group snap up Volvo in 2010, he made the acquisition work and Geely, controlled by Chinese billionaire Li Shufu, is among the anchor investors in Faraday Future. Now the billionaire’s name pops up as soon as there is a whiff of a deal in the industry. Not only did Li’s Zhejiang Geely Holding Group snap up Volvo in 2010, he made the acquisition work and Jidu Auto, a joint venture between Chinese giants Baidu Inc. and Zhejiang Geely Holding Group, aims to spend 50 billion yuan ($7.7 billion) over the next five years on developing smart-car technology.
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Geely’s billionaire founder Li Shufu is helming the company’s second attempt to electrify its product lineup after a previous effort, known as the Blue Geely Initiative, failed to meet its goal of having 90% of Geely sales consist of new-energy vehicles by 2020.

It has also been previously suggested that Geely's involvement may not preclude billionaire Lawrence Stroll's mooted investment; he is also said to be in advanced talks with the firm, and reported Find the perfect Geely Automotive Holdings Ltd stock photos and editorial news pictures from Getty Images. Select from premium Geely Automotive Holdings Ltd of the highest quality.


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Li founded Geely in November 1986, now the second largest private automobile manufacturer in China. 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.

The stock closed 5% higher, outperforming a 1.4% increase in the benchmark Hang Seng Index. Chinese billionaire Li Shufu’s Geely, which also controls Sweden-based Volvo Car AB, purchased a stake in Group Lotus in 2017. Canadian Formula 1 billionaire Lawrence Stroll said Aston Martin was a “gem that Aston’s board opted for the deal from Mr Stroll’s consortium over a rival offer from Chinese carmaker Geely. 2020-01-16 · Now the billionaire’s name pops up as soon as there is a whiff of a deal in the industry.

23 Feb 2018 Li, who chairs auto giant Geely Automobile Holdings, bought a 9.69-percent stake in the carmaker, worth around 7.2 billion euros ($8.9 billion), 

The company is privately held by Chinese billionaire business magnate Li Shufu. It was established in 1986 and entered the automotive industry in 1997 with its Geely Auto brand.

Now the billionaire’s name pops up as soon as there is a whiff of a deal in the industry.