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Li Jinyuan Net Worth, Biography & Wiki 2017
Li Jinyuan was born in 1958, in Cangzhou, Hebei Province, China and is a businessman, best known as the CEO and Chairman of the Board of Tiens Group Co., Ltd, and also Tiens Bio-Tech Group (USA) Inc. JInyuan’s career really started in 1990.
Have you ever wondered how rich Li Jinyuan is, as of mid- 2017? According to authoritative sources, it has been estimated that Jinyuan’s net worth is as high as $5 billion, an amount earned through his successful career as a businessman, and putting him in the top 10 richest people in China.
Li Jinyuan Net Worth $5 Billion
Li Jinyuan went to Nankai University, where he graduated with a BA and then went on to earn his MBA. After gaining experience throughout the ‘80s and ‘90s, he founded the Tiens Group Co. in 1995. Tiens Group initially concentrated on directly selling healthcare products from that time, but it since expanded to retail, tours, finance, international trade, and e-business, becoming a multinational group across all these sectors.
The company has over 8,000 employees in 190 countries, and in 2003, it was successfully listed on the NASDAQ, while in 2015, it also entered the AMEX. At the time when Tiens was founded, Jinyuan invested millions of dollars in building the Tianshi College, which eventually received the approval in 1999 of the Ministry of Education of the People’s Republic of China.
Regarding his personal life, Li Jinyuan’s most intimate details such as marital status and the number of children, if any, are unknown, as he successfully manages to keep such private information out of the public eye.
Li is a big donator and charity worker; he founded TIENS Meijing International Charitable Foundation in 2003 and has donated a lot to the Chinese Red Cross Foundation, and to the fight against SARS. In 2005, Jinyuan established the TIENS Charity Fund, and has been distributing money to public charities since then. Thanks to his charitable work, Li was granted the title of “Model Worker in Promoting National Solidarity and Advancement” and was even interviewed by the former President Jiang Zemin in 1999. Also, Jinyuan was granted the title of “Pioneer in Promoting National Solidarity”, and then was interviewed by the President Hu Jintao in 2005. Mikhail Gorbachev, the former President of Soviet Union, awarded Li the title of an “Honorary Doctorate of UN Ecology and Bioscience Institute”. Jinyuan has also received numerous other awards, such as the title of Most Creative Chinese Business Leaders in Asia-Pacific Regions, World Direct Selling Outstanding Leaders, and the Outstanding World Chinese Medal.