Robin Li Net Worth | Celebrity Net Worth

What’s Robin Li’s Web Price?

Robin Li is a Chinese language businessman who has a internet value of $10 billion. Robin Li earned his fortune because the founding father of Baidu. Launched in 2000, in the present day Baidu is the most important search engine utilized in China, and the third largest impartial search engine in the whole world. Baidu can also be completely within the document books as the primary Chinese language firm to be a part of the NASDAQ-100.

In 1996, he created RankDex, the primary net search engine to make the most of site-scoring and page-ranking algorithms.

Web value particulars

As of this writing, Robin Li owns a 20% stake in China’s hottest search engine, Baidu. He additionally controls a 5% stake by his spouse Melissa Ma. Collectively the couple owns greater than 7 million Class A and Class B shares in Baidu. Every of these shares equals 10 American depository receipts that are traded publicly on NASDAQ. Baidu earns greater than $16 billion in annual income.

Early Life and Schooling

Robin Li was born as Robin Li Yanhong on November 17, 1968 in Yangquan, Shanxi, China to manufacturing facility employee dad and mom. He’s the fourth and solely boy of 5 siblings. For his increased training, Li went to Peking College, from which he earned his bachelor’s diploma in info administration. Following this, he attended the College at Buffalo in the US. Though he supposed to pursue a doctoral diploma there, Li in the end completed his research after receiving his grasp’s diploma in 1994.

Profession Beginnings

Following his research, Li joined IDD Info Providers, a division of Dow Jones & Firm. Throughout his time there from 1994 to 1997, he helped create a software program program for the net version of the Wall Road Journal, and in addition labored on bettering search engine algorithms.

RankDex

Whereas working at IDD, Li created RankDex, the primary on-line search engine to make use of site-scoring and page-ranking algorithms to measure web site high quality. He quickly obtained a US patent for the expertise, which predated Google’s related “PageRank” algorithm, created by Larry Web page and Sergey Brin, by two years.

baidu

After working as a workers engineer on the Web search engine firm Infoseek within the late 90s, Li co-founded the expertise firm Baidu with Eric Xu in early 2000. The corporate makes a speciality of Web companies and merchandise, in addition to synthetic intelligence software program. Baidu’s companies embody a Chinese language search engine, a mapping software, a web-based encyclopedia, a cloud storage service, and a dialogue discussion board, amongst many different choices. In the meantime, its merchandise embody the keyboard apps Simeji and Facemoji Keyboard; the augmented actuality community OmniAR; and the advert platform MediaGo. General, Baidu has the second-largest search engine on the earth, accounting for a 76.05% market share in China’s search engine area.

In the summertime of 2005, Baidu went public on Wall Road through a variable curiosity entity primarily based within the Cayman Islands. Slightly over two years later, Baidu was included on the NASDAQ-100 index, making it the first-ever Chinese language firm to earn that honor. Furthermore, in 2018, it grew to become the primary Chinese language firm to hitch the non-profit synthetic intelligence ethics coalition Partnership on AI.

Different Enterprise Ventures

Amongst his different enterprise endeavors, Li serves because the chairman of the web video platform firm iQIYI, which was based in 2010 by Gong Yu. One of many largest websites of its variety on the earth, iQIYI has greater than 500 million month-to-month lively customers. The corporate went public within the US in 2018, elevating $2.25 billion.

Li additionally sits on the board of the tutorial service supplier New Oriental, headquartered in Beijing. Providing pre-school training, general-level programs, on-line training, and abroad research consulting, amongst different companies, New Oriental is the most important complete non-public academic firm in China. In 2006, it grew to become the primary Chinese language firm of its variety to go public within the US. New Oriental has grown considerably through the years; it now encompasses faculties, ebook shops, and tons of of studying facilities.

Political Profession

Past the non-public sector, Li has been concerned in Chinese language politics. In the summertime of 2014, he was appointed by UN Secretary Basic Ban Ki-moon as a co-chair of the Impartial Professional Advisory Group on Information Revolution for Sustainable Growth. Moreover, Li serves as a member of the 12^th Chinese language Individuals’s Political Consultative Convention.

Honors and Accolades

For his pioneering work within the expertise area, Li has been the recipient of many honors. In 2001, he was named amongst China’s prime ten modern pioneers, and in each 2002 and 2003 was named one of many “IT Ten Well-known Individuals.” Additionally, in 2005, Li was listed as one among CCTV’s “Chinese language Financial Figures of the 12 months.” The next yr, he was lauded as “World’s Greatest Enterprise Chief” by American Enterprise Weekly. Amongst his different honors, Li was included on CNN Cash’s 2007 record of “50 Individuals Who Matter Now.”

private life

Together with his spouse Dongmin Ma – higher often known as Melissa Ma – Li has 4 youngsters. Ma was educated on the College of Science and Expertise of China and Rutgers College; she went on to work along with her husband at Baidu. The couple resides in Beijing, China.