Billionaire Profile
Li Hongxin & family
Global Rank
#1308

Image: Public domain | via Wikimedia Commons

Li Hongxin & family

CEO, Sun Paper
CN
Real-Time Net Worth
$3.1B
As of December 2025
Age
72
Source
Paper & related products
Industry
manufacturing
Citizenship
CN

Biography

Li Hongxin, at 72 years old, chairs Sun Paper, a prominent paper and pulp producer in China. Born into a modest family, Li's career began with a role at a train station before he founded Sun Paper in 1983. His source of wealth is primarily derived from Paper & related products. His leadership has been instrumental in the company's growth, achieving global recognition. Li's achievements include pioneering innovations in the paper industry and receiving the Ernst & Young Entrepreneur Award. His career highlights a journey from humble beginnings to a position of influence in the manufacturing sector.

Wealth Over Time

In-Depth Profile

Early Life

Li Hongxin was born into a poor peasant family. At the age of 18, he started working at a train station as a porter. This early experience instilled in him a strong work ethic and a drive to succeed.

Rise to Success

In 1983, Li Hongxin, with a loan of 30,000 yuan, established Sun Paper in his hometown. Under his leadership, the company has grown significantly, becoming a leading enterprise in the domestic paper industry. Li's vision and innovative strategies were key to Sun Paper's expansion and success.

Key Business Strategies

Li's business acumen is evident in his focus on technological innovation and environmental protection. Sun Paper has achieved several world-first innovations, enhancing product quality and production efficiency. The company has also prioritized environmental sustainability, with advanced wastewater treatment and waste recycling initiatives.

Philanthropy

While specific amounts aren't available, Li Hongxin has been actively involved in social responsibilities through philanthropy, environmental protection, and poverty alleviation efforts. He has received recognition for his contributions to society and the industry.

Career Milestones

1983

Founded Sun Paper

Established Sun Paper in Yanzhou, China, laying the foundation for his business empire.

2018

Ernst & Young Entrepreneur Award

Awarded for outstanding management capabilities and entrepreneurial spirit.

2025

International Lifetime Achievement Award

Fastmarkets honored Li with the International Lifetime Achievement Award recognizing his leadership and contributions to the global pulp and paper industry.