The Ledger / Li Ping
Li Ping
◼ Origin
Built fortune through Longfor Holdings, one of China's largest residential real estate developers; originally co-founded Longfor with ex-husband Wu Yajun in 1993 in Chongqing.
◼ Self-Made Verdict — YES
Co-founded Longfor Holdings from scratch in 1993 in Chongqing; built one of China's top real estate developers.
◼ Documented marks
01
Co-founded Longfor Holdings in 1993 in Chongqing with ex-husband Wu Yajun; built it into one of China's five largest residential developers by contracted sales.
02
Retains a controlling stake in Longfor Holdings (HKEx: 960) even after the couple's divorce in 2012; serves as a non-executive director and holds the wealth separately from Wu Yajun.
03
Longfor's commercial-property and rental arms (Paradise Walk malls) provide stable cash flows that have insulated it better than peers during China's 2021–2023 real estate debt crisis.
No inheritance, or primary accounts documented for this billionaire yet.
◼ List of charges
No documented charges yet.
These are moral charges, not legal ones. The actual legal system has not — and will not — bring them.
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