Billionaire Profile
Li Zhenguo & family
Global Rank
#1063

Image: Public domain | via Wikimedia Commons

Li Zhenguo & family

CEO, LONGi Green Energy Technology Co., Ltd.
CN
Real-Time Net Worth
$3.7B
As of December 2025
Age
57
Source
Solar wafers and modules
Industry
manufacturing
Citizenship
CN

Biography

Li Zhenguo, born in 1968, is a Chinese billionaire and the founder and president of LONGi Green Energy Technology, a leading manufacturer of solar wafers and modules. His career began after graduating from Lanzhou University with a degree in materials science. He co-founded LONGi in 2000 with his wife, Li Xiyan. Under his leadership, LONGi has grown to become a global leader in the solar industry. In 2022, Li Zhenguo's net worth was estimated at $12.9 billion, and he ranked #142 on the Forbes Billionaires List. Li and his wife were the actual controllers of the company, and their stake was a significant source of their wealth. Recently, he transitioned from his role as general manager to focus on product innovation as the president of LONGi's Central Research Institute and chief technology officer of the Science and Technology Management Center.

Wealth Over Time

In-Depth Profile

Early Life and Education

Li Zhenguo was born on January 5, 1968, in China. He showed an early interest in science and technology. He graduated from Lanzhou University with a degree in materials science. After graduating, Li Zhenguo worked at the Huashan Semiconductor Materials Factory. These experiences shaped his understanding of materials science and manufacturing processes, which later proved crucial in founding LONGi.

Rise to Success

In 2000, Li Zhenguo co-founded LONGi Green Energy Technology with classmates and his wife, Li Xiyan. Initially, the company focused on supplying reprocessed silicon materials before shifting its focus to the solar industry. Under Li's leadership, LONGi transformed into a leading global manufacturer of monocrystalline silicon solar products. By 2022, LONGi was the world's largest monocrystalline silicon solar maker, employing over 60,000 people. The company expanded internationally, with plans for manufacturing plants in India, Saudi Arabia, and the US. Li's leadership drove innovation in the solar industry and expanded the company into international markets. In May 2025, Li stepped down from his roles as general manager and legal representative to focus on product innovation.

Key Business Strategies

Li Zhenguo's leadership focused on technological innovation and cost reduction. LONGi's success is built on its commitment to research and development, leading to the development of high-efficiency monocrystalline silicon technologies, and the establishment of production facilities in China, Malaysia, and Vietnam. The company focused on building a vertically integrated model to reduce costs and enhance productivity. In 2018, Li proposed the concept at the 24th United Nations Climate Change Conference, drawing worldwide attention.

Philanthropy

Li Zhenguo is involved in philanthropic activities, including supporting education and environmental causes. He has participated in the reconstruction of Yushu City after the earthquake and made donations to children with congenital heart diseases. He has also supported students at Lanzhou University.

Career Milestones

2000

Co-founded LONGi Green Energy Technology

Co-founded LONGi Green Energy Technology with his wife and classmates.

2021

Overseas Expansion

Declared intentions to manufacture overseas plants, including the ones in India, Saudi Arabia, and the US.

2025

Transitioned Roles

Stepped down from his roles as general manager, board member, and legal representative.

Philanthropy & Social Impact

Disaster Relief

Yushu Earthquake Relief

Undisclosed

Participated in the reconstruction of Yushu City after the earthquake.

Healthcare

Congenital Heart Disease Support

Undisclosed

Donations to children with congenital heart disease.

Education

Education Support

Undisclosed

Supported low-income students at Lanzhou University and other institutions.

Business Philosophy & Leadership

Notable Quotes

"Our major objective is to reduce the cost and therefore the price of mono wafers through continuous technological innovations, making the solar sector more competitive against traditional energy."