Li Shuirong & family have a net worth of $9.3 billion. He is the chairman of Zhejiang Rongsheng Holding Group which conducts business in real estate, logistics and petrochemicals.
Li Shuirong previously worked as a carpenter and started his first business in 1989 when he saw a business opportunity in polyster fiber cloth market.
Li Shuirong’s son-in-law known as Xiang Jiangjiong is the Chief Executive Officer of the group which is listed on Shenzhen Rongsheng Petrochemical.
Rongsheng Petrochemical which is linked to Saudi Aramco which has interests in chemicals and energy acquiring a 10 percent stake in the company which is valued at $3.4 billion.
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