Bloomberg Billionaires Index

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# Zhang Li

Random fact: Company failed to IPO in Shanghai five times since 2004.


Zhang is the co-founder of Guangzhou R&F Properties Co., a developer that operates in more than 50 cities across China. The Guangzhou-based company is publicly traded, has more than 3,000 employees and had revenue of 53.7 billion yuan ($8.1 billion) in 2016. It acquired 77 hotels from Chinese conglomerate Wanda Group in July 2017 for $2.9 billion.

As of June 19, 2018:
Last change ()
YTD change ()
Industry Real Estate
Biggest asset N/A
Citizenship China
Age 63
Wealth Self-made
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

Zhang Li's net worth of can buy ...

troy ounces of gold
barrels of crude oil

... and is equivalent to ...

of the GDP of the United States
of the total wealth of the 500 richest people in the world
of the top 100 U.S. college endowments
of the top 200 U.S. executives’ total awarded compensation
of U.S. existing home sales
times the median U.S. household income

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Net Worth Summary

Private asset
Public asset
Misc. liabilities
Confidence rating:


Family: Married, 1 child
Education: 1986, Guangzhou Open University, Graduated

Born in 1953, Zhang started his career in a government bureau managing the light industry in Guangzhou, China in 1975. He returned to school and later received a degree from Guangzhou Open University in 1986, according to the website of Kinetic Mines and Energy, where Zhang was appointed as an executive director.

He co-founded developer Guangzhou R&F Properties Co. in 1994. The company operates in more than 50 cities across China, according to its website and is traded in Hong Kong. R&F acquired 77 hotels from billionaire Wang Jianlin's Wanda Group in July 2017 for $2.9 billion and with developer C C Land Holdings replaced Wanda in the purchase of London's landmark Cheesgrater building for $606 million one month later.

The billionaire lives in Guangzhou with his family.

  • 1953 Born in Guangzhou, southern part of China.
  • 1975 Begins career in government, where he stays for 10 years.
  • 1994 Co-founds Guangzhou R&F Properties.
  • 2005 R&F starts trading in Hong Kong.
  • 2007 Starts to build and run luxury hotels with global hotel management groups.
  • 2012 Appointed executive director and chairman of Kinetic Mines and Energy.
  • 2013 Sets up soccer school with London's Chelsea Football Club.
  • 2017 Acquires 77 hotels from Wanda Group for $2.9 billion.