Forrest Li Xiaodong | |
---|---|
李小冬 | |
Born | 1977or1978(age 45–46) [1] |
Citizenship | Singaporean |
Education | Shanghai Jiaotong University (BA) Stanford University (MBA) |
Known for | Founder of Sea Limited Chairman of Lion City Sailors FC |
Forrest Li Xiaodong (born 1977 or 1978) is a Chinese Singaporean billionaire businessman. He is the founder, chairman and chief executive officer of Sea Limited, a company with subsidiaries including Garena and Shopee. [3] He is also the chairman of Lion City Sailors FC, which is owned by Sea.
Forrest Li Xiaodong was born in Tianjin, China. He earned a bachelor's degree in engineering from Shanghai Jiaotong University, and an MBA from Stanford Graduate School of Business. [1]
Li did not come from generational wealth; Li was $100,000 in student loan debt and along with his wife previously lived in a single bedroom within a three-room public housing HDB flat at Braddell. He later decided to settle permanently in Singapore, taking up citizenship. [4]
Li's first company was Garena in 2009. At the time, the company had only operated out of a single shophouse off Maxwell Road at Tanjong Pagar. [5]
In March 2019, after the share price of his consumer internet company Sea Ltd increased by 45%, Li's net worth increased to more than $1 billion. [6]
Li is a football fan. [7] He is the chairman of the Lion City Sailors, a Singapore Premier League football club that was acquired by Sea in 2020. [8] [9]
Li is married and lives in Singapore. [1] Li appeared on the August 2020 cover of Forbes Asia, the Asia edition of Forbes magazine. [10] According to Bloomberg Billionaires Index , Li's net worth was estimated at US$4.2 billion as of September 2022, making him the 11th richest person in Singapore. [11]
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