Billionaire Profile
Li Hongxin & family
Global Rank
#1440

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Li Hongxin & family

CEO, Paper & related products
CHINA
Real-Time Net Worth
$2.942B
Estimated based on Paper & related products stock value as of April 21, 2026
+0.19% (24h)
Age
73
Source
Paper & related products, Self Made
Industry
Manufacturing
Citizenship
CHINA

Biography

Li Hongxin, the chairman of Sun Paper, a prominent figure in China's paper and pulp industry, has a current net worth of $3.5 billion. Born into a humble background, he began his career as a porter before venturing into the paper industry. In 1983, he founded Sun Paper in Yanzhou, China, which has grown into one of the world's largest paper manufacturing groups. His career is marked by significant achievements, including transforming Sun Paper into a multinational enterprise with innovative technologies and a global presence in the paper market.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/21/2026

Wealth Over Time

In-Depth Profile

Early Life

Li Hongxin was born into a peasant family. At the age of 18, he worked as a porter at a train station. In 1983, he borrowed 30,000 yuan to establish Sun Paper in his hometown of Yanzhou, Shandong Province.

Rise to Success

Under Li Hongxin's leadership, Sun Paper has grown from a local paper producer into a global player. The company was listed on the Shenzhen Stock Exchange in 2006. Li has led the company to achieve several innovations, including continuous dissolution cooking technology for dissolving pulp, the extraction of Xylose and xylitol, and the development of chemical-free household paper.

Key Business Strategies

Sun Paper has focused on integrating pulp and paper production and expanding its global presence. The company's strategic vision and strong execution have been key factors in its growth. Sun Paper has also emphasized energy saving and emission reduction in its operations.

Philanthropy

While specific figures are unavailable, Li Hongxin has undertaken social responsibilities in charity, environmental protection, and employment promotion.

Career Milestones

1983

Founded Sun Paper

Established paper producer Sun Paper in Yanzhou, China.

2006

Sun Paper Listed

Sun Paper was listed on the Shenzhen Stock Exchange.

2015

Asian CEO of the Year

Named Asian CEO of the Year by RISI.

2018

Ernst & Young Entrepreneur Award

Won the Ernst & Young Entrepreneur Award for manufacturing.

2021

Asian CEO of the Year

Named 2021 Fastmarkets RISI Asian CEO of the Year.

Philanthropy & Social Impact

Charity

Social Responsibilities

Unknown

Undertakes social responsibilities in charity, environmental protection, and employment promotion.