Li Wa: The Story of a Billionaire
Li Wa is a Chinese entrepreneur and billionaire who is known for his contributions in the healthcare industry. He is the founder of Shenzhen Mindray Bio-Medical Electronics Co. Ltd, a company that specializes in the production of medical equipment and supplies. Li Wa has a net worth of $7.6 billion according to Forbes.
Early Life and Education
Li Wa was born in 1968 in China. His father was a factory worker, and his mother worked as a seamstress. Li Wa grew up in a small village in Shandong Province, and he was the youngest of five siblings.
Li Wa attended the Shanghai Jiao Tong University, where he earned a bachelor’s degree in electronic engineering. After completing his degree, he went to the United States to pursue a master’s degree in biomedical engineering at the University of Miami in Florida.
Career and Achievements
After completing his education, Li Wa returned to China and started his own company in 1991. His goal was to create medical equipment that was affordable and accessible to everyone. He founded Shenzhen Mindray Bio-Medical Electronics Co. Ltd, which quickly became one of the leading producers of medical equipment in China.
Under Li Wa’s leadership, Mindray became a publicly traded company on the New York Stock Exchange in 2006. In 2018, the company was acquired by a consortium led by China National Chemical Corp for $2.8 billion.
Li Wa’s achievements have not gone unnoticed. He has received numerous awards and honors, including the CCTV Economic Person of the Year Award in 2011 and the Outstanding Entrepreneur Award from the China Entrepreneur Club in 2013.
Li Wa is married and has three children. He is known for his philanthropic efforts and has donated millions of dollars to various causes. In 2013, he established the Mindray Medical International Limited Charity Foundation to support medical research and education.
|Companies||Shenzhen Mindray Bio-Medical Electronics Co|
|Net Worth||$7.6 billion|
|Forbes URL href||https://www.forbes.com/profile/li-wa/|