Billionaire Profile
L
Global Rank
#3131

Image: Unknown Author | Public domain | via Wikimedia Commons

Li Liufa & family

CEO, Steel
CHINA
Real-Time Net Worth
$1.007B
Estimated based on Steel stock value as of March 6, 2026
+0.09% (24h)
Age
68
Source
steel, diversified
Industry
Metals & Mining
Citizenship
CHINA

Biography

Li Liufa, a prominent figure in the Chinese business landscape, is the chairman of the Tianrui Group. His estimated net worth is $2.1 billion, stemming from his ventures in steel, cement, tourism, minerals, and aluminum. Li's career began in a fertilizer factory before he transitioned into the steel industry, establishing a small steel casting factory. He earned an Executive MBA from Peking University. As of April 2024, Li Liufa & family held the #1623 position on Forbes' Billionaires list.

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

Wealth Over Time

In-Depth Profile

Early Life

Li Liufa's journey began in the late 1970s when he started working at a fertilizer factory in Henan Province. However, he aspired to more than just being an employee, driving him to gain experience and eventually launch his own factory.

Rise to Success

Li Liufa's entrepreneurial spirit led him to establish a steel casting factory. His endeavors expanded, and he founded the Tianrui Group, which diversified into steel, cement, tourism, minerals, and aluminum. In 2006, he earned an executive MBA from Peking University, further enhancing his business acumen. The Tianrui Group's revenue exceeded $1.7 billion in 2013, with customers including China's railway ministry.

Key Business Strategies

Li Liufa's leadership has been instrumental in the strategic planning and overall management of the China Tianrui Group Cement Company Limited. His experience in the cement industry has been crucial, providing valuable advice to new entrepreneurs. He expanded his business by diversifying into steel, cement, tourism, minerals, and aluminum.

Philanthropy

Information on his specific philanthropic initiatives and amounts is not available in the search results.

Career Milestones

1970s

Early Career

Began working at a fertilizer factory in Henan Province.

Early Career

Founded Steel Casting Factory

Established his own steel casting factory.

2006

EMBA

Earned an Executive MBA degree from Peking University.

2011

Non-Executive Director

Became a non-executive director of China Tianrui Group Cement Company Limited.

2015-2018

Head of Shanshui Cement

Served as the head of Shanshui Cement.

2024

Forbes Rank

Ranked #1623 on Forbes' Billionaires list.

Philanthropy & Social Impact

Philanthropy

Unknown

Undisclosed

Specific philanthropic information not available.