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LeaderPortfolio
Billionaire Profile
Li Weiguo
Global Rank
#2579

Image: Public domain | via Wikimedia Commons

Li Weiguo

CEO, Beijing Oriental Yuhong Waterproof Technology
CN
Real-Time Net Worth
$1.4B
As of December 2025
Age
60
Source
Construction materials
Industry
manufacturing
Citizenship
CN

Biography

Li Weiguo is a prominent Chinese billionaire and the Chairman of Beijing Oriental Yuhong Waterproof Technology, a key supplier of waterproofing systems for construction projects. With an estimated net worth of $1.4 billion as of late 2024, his wealth primarily stems from his ventures in the construction materials industry. Li's career began with a role in a provincial statistics bureau before he founded the predecessor of Yuhong in 1995. His strategic leadership has been instrumental in the company's growth, making it a leader in its field. Li Weiguo has demonstrated a commitment to technological advancement and corporate responsibility, making him a recognized figure in China's technology and construction sectors.

Wealth Over Time

In-Depth Profile

Early Life

Li Weiguo was born in 1965. Prior to his entrepreneurial journey, he worked at a provincial statistics bureau in China, laying the groundwork for his future endeavors.

Rise to Success

In 1995, Li founded Changsha Changhong Waterproof Engineering Co., Ltd, which later became Beijing Oriental Yuhong Waterproof Technology. His leadership has been pivotal in the company's growth, establishing it as a significant player in the construction materials market. Under Li's guidance, the company has grown to become the largest producer of waterproofing materials in China. His entrepreneurial acumen led to the company's success in providing waterproof maintenance for the Mausoleum of Mao Zedong.

Key Business Strategies

Li Weiguo's success can be attributed to strategic investments in innovation and manufacturing, which have enabled Goertek to maintain a competitive edge in the fast-paced tech industry. He has also diversified investments into sectors like AI, healthcare, and real estate. He has also focused on expansion into other construction material sectors, such as architectural coatings.

Philanthropy

Li is involved in philanthropic initiatives through the Goertek Foundation, which supports education, poverty alleviation, and environmental sustainability.

Career Milestones

1995

Founded Changsha Changhong Construction Waterproof Engineering Co., Ltd

Founded the predecessor of Beijing Oriental Yuhong Waterproof Technology, marking the start of his career in construction materials.

1998

Chairman of the Board of Beijing Oriental Yuhong Waterproof Technology

Assumed the role of Chairman, leading the company's expansion and success.

2020

Listed in Harvard Business Review's 100 Best-Performing CEOs in China

Achieved a rank of NO. 15, recognized for his leadership and performance.

Philanthropy & Social Impact

Education, Poverty Alleviation, Environmental Sustainability

Goertek Foundation

Unknown

Supports charitable causes focusing on education, poverty alleviation, and environmental sustainability.

Controversies & Challenges

2025

Share Pledging

Li Weiguo has been pledging his shares to deal with the downward trend of the stock price and for credit enhancement.