Li Xiting is now Singapore?s Richest Person in 2021
Previous top holder, Haidilao founders, Zhang Yong and Shu Ping now takes fourth position.
The post Li Xiting is now Singapore?s Richest Person in 2021 appeared first on LUXUO.
Image: Mindray
Singapore?s Rich List 2021 is now out and taking the top spot this year is Li Xiting.
According to Forbes, the founder and chairman of Shenzhen Mindray Bio-Medical Electronics has a net worth of US$23 billion, making him the richest person in Singapore. Li ranks 82 in the World?s Billionaire List 2021.
2020 was a year fraught with subpar economic performances as the world battled with Covid-19. Despite the less-than-ideal condition for businesses, Li?s Mindray Bio-Medical Electronics has recorded high demand for its ventilators and other medical devices. The company?s share price has risen about 19 per cent since last year. Li, a naturalised Singaporean, added some US$5.2 billion to his overall net worth. Last year marked the first time Li was included into Singapore’s edition of the Rich List.
Li Xiting, founder and chairman of Shenzhen Mindray Bio-Medical Electronics. Image: Mindray
As Li?s company grew, it became one of China?s largest medical device makers. Understanding his role and the changes that he can bring about for the world, Li has stepped up his philanthropic efforts. The billionaire donated US$16 million to his alma mater, the University of Science and Technology of China. Aside from that, Li has previously contributed to the university where th...
The post Li Xiting is now Singapore?s Richest Person in 2021 appeared first on LUXUO.
Image: Mindray
Singapore?s Rich List 2021 is now out and taking the top spot this year is Li Xiting.
According to Forbes, the founder and chairman of Shenzhen Mindray Bio-Medical Electronics has a net worth of US$23 billion, making him the richest person in Singapore. Li ranks 82 in the World?s Billionaire List 2021.
2020 was a year fraught with subpar economic performances as the world battled with Covid-19. Despite the less-than-ideal condition for businesses, Li?s Mindray Bio-Medical Electronics has recorded high demand for its ventilators and other medical devices. The company?s share price has risen about 19 per cent since last year. Li, a naturalised Singaporean, added some US$5.2 billion to his overall net worth. Last year marked the first time Li was included into Singapore’s edition of the Rich List.
Li Xiting, founder and chairman of Shenzhen Mindray Bio-Medical Electronics. Image: Mindray
As Li?s company grew, it became one of China?s largest medical device makers. Understanding his role and the changes that he can bring about for the world, Li has stepped up his philanthropic efforts. The billionaire donated US$16 million to his alma mater, the University of Science and Technology of China. Aside from that, Li has previously contributed to the university where th...
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