Li Shufu Net Worth

Li Shufu made the headlines in March 2010 for concluding a deal that reportedly cost around U.S. $1.8 billion in an attempt to buy Volvo Cars from Ford Motor Company. It was regarded as the largest foreign purchase made by a Chinese car maker. Mr. Shufu’s riches continued to swell as he saw a significant increase in his fortune from a year ago thanks to a jump in Geely’s share price. His net worth was boosted by a surge in the profits during the first half of 2013 when the company’s sales rose 33% to $2.4 billion.