⬅ # 619 Helen Johnson-Leipold|# 621 Tomasz Biernacki

# 620 Ge Li 

$5.34B

Real Time Net Worth
as of 5/18/2024
-$42.6M (-0.80%)

# 620 Ge Li 

$5.34B

Real Time Net Worth
as of 5/18/2024
-$42.6M (-0.80%)
OccupationChair and CEO, Wuxi Apptec
Source of WealthPharmaceutical Ingredients
Age57
ResidenceShanghai, China
Marital StatusWidowed
EducationPh.D, Columbia University
Age-Adjusted Net Worth$6.54B
Ge Li
Ge Li
United States
Net worth: $5.34B

Self-Made Score 

Wealth History

Hover or tap to reveal net worth by year
Loading Chart

Biography

Early Life and Education

Ge Li attended the Affiliated High School of Peking University.
In 1989, he graduated with a B.A. from Peking University.
Li pursued his Ph.D. in organic chemistry at Columbia University.
He completed his doctoral studies mentored by W. Clark Still and Koji Nakanishi.
Ge Li obtained his Ph.D. from Columbia University in 1994.

Career

After his studies, Li worked for Pharmacopeia, Inc.
He was involved in forming a joint business venture for Pharmacopeia, Inc. in China.
Inspired by this venture, Ge Li co-founded WuXi AppTec with his wife, Ning Zhao, in Shanghai in 2000.
Under his leadership, WuXi AppTec grew into a prominent provider of research and clinical trial services globally.
The company went public on the New York Stock Exchange and later listed in Hong Kong in 2018.
Ge Li serves as the chairman and CEO of WuXi AppTec.

Philanthropy

In 2018, Ge Li and Ning Zhao donated RMB 100 million to Peking University to establish the Li Ge-Zhao Ning Education Fund, earning them honorary trustee status at the university.
The couple contributed $21.5 million to Columbia University in 2020 to advance research and teaching in chemistry.
In 2021, Ge Li and Ning Zhao donated $20 million to Memorial Sloan Kettering Cancer Center to support lung cancer research.

Personal Life

Ge Li was married to Ning Zhao, his classmate at Peking University and co-founder of WuXi AppTec.
Ning Zhao, formerly senior vice president and global head of human resources at WuXi AppTec, passed away on May 16, 2023, after a 20-year battle with cancer.

How long would it take you to become as rich as Ge Li?

If you started with $10,000 and invested an additional $500 each month at a 44.10% CAGR, it would take you 5 years to reach Ge Li's net worth of $5.34B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 42.76% compared to 11.89% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Ge Li is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Ge Li, Pharmaceutical Ingredients is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey