Billionaire Profile
Li Zhongchu
Global Rank
#1925

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Li Zhongchu

CEO, Software
CHINA
Real-Time Net Worth
$2.201B
Estimated based on Software stock value as of April 20, 2026
+1.2% (24h)
Age
62
Source
Software
Industry
Technology
Citizenship
CHINA

Biography

Li Zhongchu (born February 1, 1964) is a Chinese billionaire entrepreneur, best known as the founder, chairman, and president of Shiji Group, a global leader in hospitality technology solutions. His wealth stems from his controlling stake in Shiji Group. With a background in space physics from Wuhan University, Li transitioned from a government researcher to an IT entrepreneur. His career highlights include founding Shiji Group in 1998, transforming it into a major player in the hospitality sector, and securing key partnerships with major hotel chains and Alibaba. As of 2024, his net worth is estimated at $2.5 billion, placing him among the world's wealthiest individuals. His achievements underscore his pivotal role in China's tech-driven hospitality industry.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Li Zhongchu was born on February 1, 1964, in Beijing, China. He graduated from Wuhan University with a Bachelor of Science degree in Space Physics. He also holds a Master's degree in Engineering from the Second Institute of the China Ministry of Aerospace. Following his postgraduate studies, Li began his career as a government researcher, where he conducted research in theoretical physics.

Rise to Success

In 1998, Li Zhongchu founded Beijing Shiji Information Technology Co., Ltd., later known as Shiji Group. He started the company from his apartment, initially focusing on software solutions for hotel management systems. His company gained prominence during the Y2K and SARS crises, securing contracts with major hotels. Shiji Group expanded globally, becoming a renowned provider of hospitality software solutions. A key milestone in Shiji's financial trajectory was the 2010 listing of its subsidiary, Beijing Shiji Information Technology Co., Ltd., on the Shenzhen Stock Exchange.

Key Business Strategies

Under Li's leadership, Shiji Group has emphasized cloud-based systems and mobile integration to support seamless online-offline connectivity and big data-driven decision-making. In September 2014, Shiji Group secured a pivotal investment from Alibaba Group, enabling seamless integration between Shiji's hotel reservation systems and Alibaba's Taobao Travel platform.

Philanthropy

Li Zhongchu is known for his philanthropic efforts, supporting various educational and charitable causes.

Career Milestones

1998

Founded Beijing Shiji Information Technology Co., Ltd. (Shiji Group)

Established the company from his bedroom, focusing on software for hotel management systems.

2014

Secured Investment from Alibaba Group

Alibaba invested $438 million for a 15% stake in Shiji, enabling integration with Taobao Travel.

2015

Ernst & Young Entrepreneur of the Year in China

Received recognition for his contributions to the information technology industry.

Philanthropy & Social Impact

Philanthropy

Educational and Charitable Causes

Undisclosed

Supports various educational and charitable initiatives.