Rank #721
Forrest Li
Net worth $5.7B
Online gaming, e-commerce · Singapore
- Born
- Jan 01, 1978
- Age
- 48
- Source
- Online gaming, e-commerce
- Residence
- Singapore
- Citizenship
- Singapore
- Marital status
- Married
- Children
- 0
- Education
- Bachelor of Engineering, Shanghai Jiaotong University; Master of Business Administration, Stanford Graduate School of Business
Net worth over time
Biography
- Stanford grad Forrest Li founded and runs online gaming and e-commerce firm Sea, which also has interests in e-payments and financial services.
- Li entered the ranks of Singapore's richest after listing Sea on the New York Stock Exchange in 2017.
- Sea has attracted investors such as Tencent, the Norwegian sovereign wealth fund, private equity firm General Atlantic and Malaysian billionaire Robert Kuok's son Kuok Khoon Hua.
- In 2023, Sea booked its first-ever annual net profit since its IPO.
- Sea has rolled out digital banking services in Southeast Asia, Taiwan and Brazil.
- When a college tutor couldn't pronounce his Chinese name Xiaodong, Li adopted the name Forrest after watching the movie Forrest Gump.
- Li used to work as a recruiter for Motorola in Shanghai.
- In 2022, Sea shut down its Indian e-commerce unit, citing market uncertainties.
Financial assets
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