Age, Biography and Wiki

Li Lu was born on 6 April, 1966 in Tangshan, Hebei, China, is a Chinese-American investor and businessman (born 1966). Discover Li Lu's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 57 years old?

Popular As N/A
Occupation N/A
Age 57 years old
Zodiac Sign Aries
Born 6 April, 1966
Birthday 6 April
Birthplace Tangshan, Hebei, China
Nationality China

We recommend you to check the complete list of Famous People born on 6 April. He is a member of famous businessman with the age 57 years old group.

Li Lu Height, Weight & Measurements

At 57 years old, Li Lu height not available right now. We will update Li Lu's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
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Who Is Li Lu's Wife?

His wife is Li Jie (m. 2000)

Family
Parents Not Available
Wife Li Jie (m. 2000)
Sibling Not Available
Children Not Available

Li Lu Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Li Lu worth at the age of 57 years old? Li Lu’s income source is mostly from being a successful businessman. He is from China. We have estimated Li Lu's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income businessman

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Timeline

1966

Li Lu (born April 6, 1966)

is a Chinese-born American value investor, businessman and philanthropist.

He is the founder and chairman of Himalaya Capital Management.

1976

He was a survivor of 1976 Tangshan earthquake, one of the deadliest in recorded history.

1985

In 1985, he went to Nanjing University, majored in Physics but later transferred to Economics.

1989

Prior to immigrating to America, he was one of the student leaders of the 1989 Tiananmen Square student protests.

In 2021, he also co-founded The Asian American Foundation and serves as its chairman.

Li Lu was born and grew up in Tangshan, China during the Cultural Revolution.

In 1989, he participated in the Tiananmen Square student protests and became one of the student leaders.

He helped organize the students and participated in a hunger strike.

After the crackdown on the movement, he fled the PRC and went to New York City at the age of 23 because his grandfather had received his PhD at Columbia University.

The book recounts a symbolic marriage ceremony on May 22, 1989, between Li Lu and his then girlfriend, Zhao Ming, at the Heroes' Monument.

Students gathered at the wedding to congratulate the married couple and sang the "Wedding March," which gradually turned into "The Internationale."

Chai Ling quotes Li Lu in her book as saying the marriage was meaningless.

At Columbia, Li first enrolled in the American Language Program to learn English.

He then studied in the School of General Studies and later transferred to Columbia College.

He ended up joining the college, law school and business school over a six-year period.

1990

In 1990, he published a book about his experience in China titled Moving the Mountain: My Life in China. The book was the basis of a 1994 feature-film documentary, Moving the Mountain, produced by Trudie Styler and directed by Michael Apted, which probed the origins of the 1989 protests in Tiananmen Square and the consequences of the movement in the lives of several of the movement's student leaders.

1993

Li was inspired to get into investment after hearing Warren Buffett, a Columbia alumnus, give a lecture at Columbia in 1993.

As detailed in the Foreword to the Chinese Edition of Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger, Li Lu found Buffett's lecture on the principles of investing in the stock market "concise, logical and convincing."

Shortly thereafter, Li Lu began investing in stocks while a student at Columbia University.

1996

Li Lu was one of the first in Columbia's history to receive three degrees simultaneously: a B.A. in economics, a M.B.A. and a J.D. in 1996.

He began his career in investment banking as a corporate finance associate at Donaldson, Lufkin and Jenrette in 1996.

1997

In 1997, he founded Himalaya Capital Management, known for its disciplined and value-oriented approach to investing.

1998

From 1998 to 2004, he managed both a hedge fund and a venture capital fund.

Charlie Munger, vice-chairman of Berkshire Hathaway and a long-time partner of the legendary investor Warren Buffett, is one of the investors of his fund, and a "mentor and good friend" (in Li Lu's own words).

2003

Li Lu met Charlie Munger on Thanksgiving 2003 and they have been friends since.

With Munger's help, Li transformed his hedge fund into a long-only investment vehicle which is currently focused on global investment opportunities.

Munger gave Li $88 million to invest which Li more than quadruple into $400 million.

Munger has stated that Li Lu is the only outside manager he has ever invested with and has described him as the "Chinese Warren Buffett."

Part of Li's agreement with Munger was that the fund would be closed to new investors.

2004

The fund remained closed to new investors from 2004 to 2013 and does not charge a management fee.

Himalaya now has almost US$18.5 billion in capital under management investing in global securities.

As of June 2021, its largest U.S. investment is in Micron Technology with a value of US$1 billion.

Li Lu's investing mantra is "accurate and complete information," including understanding the character of a CEO by visiting his local church and speaking to his neighbors.

He believes the most important thing in investing is intellectual honesty, recognizing that there is always a possibility that "you don't know that you don't know."

According to a 2021 interview by Columbia Business School Professor Bruce Greenwald, Li Lu's investment strategy attempts to identify and invest in long-term compounders, focusing on the nature of a business' competition "such that one could predict the outcome in 10 years, even with all the up and downs in the macro environment" which he says is the most important.

Li Lu has been known as the man who introduced the Chinese battery and electric car maker BYD Company to Charlie Munger and Warren Buffett.

He is an informal advisor to BYD.

His investment partnership owns about 2.5% of BYD.