Li Shufu

Li Shufu, is a Chinese billionaire businessman, and the chairman of Zhejiang Geely Holding Group Co. Ltd. and Volvo Cars.

  • Li Shufu is the chairman of Geely Automobile Holdings, one of China’s largest automakers and one of few non-government controlled ones.
  • Through his private holding company, he has been expanding globally since 2010, when he acquired Swedish car brand Volvo.
  • More recently, it has bought stakes in Daimler, truck maker AB Volvo, sportscar maker Lotus and flying car start-up Terrafugia.
  • Li told Forbes Asia in 2014 he made his first cars from the sand as a boy. “We couldn’t afford any toys. I couldn’t imagine making a real car.”