Chinese Solar Titan Li Zhenguo: From Silicon Valley Dreams to Global Green Energy Leadership

Li Zhenguo, the visionary founder and president of LONGi Green Energy Technology, has seen significant changes in his net worth and business landscape in early 2025. His current net worth stands at $3.70 billion, marking a substantial decrease of $4.8 billion from 2023 when it was $8.50 billion. Despite this decline, he maintains his position as a key figure in the global solar energy sector, ranking 865th globally among billionaires and 76th in China.

Born on January 5, 1968, Li’s journey from a modest background to solar energy leadership exemplifies Chinese entrepreneurial spirit. After graduating from Lanzhou University, he built his career through various roles in the semiconductor industry before founding LONGi in 2000 with his wife, Li Xiyan, and university classmates. The company, which began by focusing on reprocessed silicon materials, has evolved into the world’s largest monocrystalline silicon solar manufacturer.

Under Li’s leadership, LONGi has maintained its commitment to innovation and global expansion. The company currently employs over 60,000 people across facilities in China, Malaysia, and Vietnam, with ambitious plans for new manufacturing plants in India, Saudi Arabia, and the United States. Recently, Li has been actively promoting collaborative innovation in the renewable energy sector. During his recent public appearances, he has emphasized the importance of maintaining an open mindset and fostering a collaborative innovation ecosystem to achieve a zero-carbon world.

Li’s recent participation in high-profile events, including the APEC CEO Summit in San Francisco, demonstrates his growing influence in global sustainability discussions. His advocacy for renewable energy has become more prominent as he highlights how technological innovation has dramatically reduced photovoltaic electricity costs from 4 yuan to less than 0.5 yuan.

The Li family continues to maintain a strong presence in the business, with Li’s wife Li Xiyan actively involved in the company’s operations. Their shared vision for sustainable energy has driven LONGi’s expansion and technological advancement. Despite market fluctuations affecting their net worth, their commitment to green energy innovation remains unwavering.

Recent developments show Li’s increasing focus on international collaboration and sustainable development. His recent net worth increase of 23.51 million dollars (0.63%) suggests ongoing market confidence in LONGi’s business model and future prospects. The company continues to lead technological innovations in the solar industry, maintaining its position as a crucial player in the global transition to renewable energy.