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Billionaire Profile
Li Hongxin & family
Global Rank
#1243

Image: Unsplash Contributor | Unsplash License | via Unsplash

Li Hongxin & family

CEO, Paper & related products
CHINA
Real-Time Net Worth
$3.389B
Estimated based on Paper & related products stock value as of March 6, 2026
+1.8% (24h)
Age
72
Source
Paper & related products
Industry
Manufacturing
Citizenship
CHINA

Biography

Li Hongxin, the patriarch of the Li family, is a Chinese billionaire primarily known for his role in Shandong Sun Paper Industry Joint Stock Co., Ltd. (002078.SZ). He established Sun Paper in 1983, transforming it into a leading paper manufacturer. As of early 2024, his net worth is estimated at $3.4 billion. His wealth originates from the paper and related products industry, with Shandong Sun Paper being the core of his business. Li's career has been marked by strategic investments in advanced technologies, including the world's most advanced pulp and paper production line, and expansion into various paper product segments such as coated packaging board, art coated paper, and household paper, contributing to its leading position in China's paper sector. His commitment to quality and innovation has positioned Sun Paper as a key supplier to both domestic and international brands.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Li Hongxin began his career in his hometown of Yanzhou, China. In 1983, he started his entrepreneurial journey by borrowing 30,000 yuan to establish Sun Paper.

Rise to Success

Under Li Hongxin's leadership, Shandong Sun Paper grew rapidly. The company's success is built on strategic investments in advanced technology. Shandong Sun Paper was listed on the Shenzhen Stock Exchange in 2006. The company has an annual production capacity of approximately 4.6 million tons and has 16,619 employees.

Key Business Strategies

Sun Paper's success stems from several key strategies. It has focused on product diversification, producing a wide range of paper products, including coated art and offset paper, packaging paper, industrial paper, specialty paper, and household tissue products. The company has also focused on technological innovation and has the world's most advanced pulp and paper production line. Shandong Sun Paper has established long-term partnerships with well-known brands globally.

Philanthropy

While specific figures for Li Hongxin's philanthropy are not readily available in the provided search results, his commitment to sustainable development and community support is part of Sun Paper's core values.

Career Milestones

1983

Founded Sun Paper

Li Hongxin established Sun Paper in his hometown of Yanzhou, China, with a loan of 30,000 yuan.

2006

Listed on Shenzhen Stock Exchange

Shandong Sun Paper was successfully listed on the Shenzhen Stock Exchange.

Philanthropy & Social Impact

Community Development

Community Support

$XB

Sun Paper supports the local community, although specific initiatives and amounts aren't available.

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