Li Xiting
$11.5B
Born
Jan 01, 1951
Age
74
Source of Wealth
Medical devices
Residence
Shenzhen, Guangdong
Citizenship
Singapore
Marital Status
Children
0
Education
Bachelor of Science, University of Science and Technology of China
- Li Xiting is cofounder and chairman of Shenzhen Mindray Bio-Medical Electronics, a supplier of medical devices.
- Mindray, founded in 1991, is headquartered in Shenzhen. Li, a Singapore citizen, divides his time between Shenzhen and Singapore.
- The company acquired a 21% stake in APT Medical, a Shenzhen-based cardiology equipment maker, for more than $900 million in 2024.
- Mindray's cofounder and director Xu Hang is also a billionaire.
- Li holds an undergraduate degree from the University of Science and Technology of China.
- During the Covid-19 pandemic, Mindray donated $4.6 million worth of medical devices to hospitals in hard-hit areas like Wuhan and northern Italy.
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