Portrait of Forrest Li

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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