{"id":203,"date":"2023-03-29T18:44:31","date_gmt":"2023-03-29T18:44:31","guid":{"rendered":"https:\/\/ceoww.com\/?p=203"},"modified":"2023-11-20T07:57:22","modified_gmt":"2023-11-20T07:57:22","slug":"li-xiting","status":"publish","type":"post","link":"https:\/\/ceoww.com\/li-xiting","title":{"rendered":"How Li Xiting became the richest Singaporean"},"content":{"rendered":"\n<p>Li Xiting, the founder and chairman of Shenzhen Mindray Bio-Medical Electronics, is a true inspiration for entrepreneurs and business leaders around the world. Despite facing numerous challenges and setbacks, he has persevered to build a highly successful medical equipment company that has earned him the title of the richest <a href=\"https:\/\/ceoww.com\/tag\/singapore\">Singaporean<\/a> on the Forbes World Billionaires list with a net worth of $9.5 billion. <\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/ceoww.com\/li-xiting\/#How_he_started\" title=\"How he started\">How he started<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/ceoww.com\/li-xiting\/#How_he_became_successful\" title=\"How he became successful\">How he became successful<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/ceoww.com\/li-xiting\/#Awards_and_recognitions\" title=\"Awards and recognitions\">Awards and recognitions<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_he_started\"><\/span>How he started<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>He founded Mindray in 1991 with a vision to create high-quality, affordable medical devices that could improve the lives of people around the world. He started the company with just a few employees and limited resources, but he was determined to succeed. Over the years, he has grown Mindray into one of the world&#8217;s leading medical equipment companies, with operations in more than 190 countries and over 10,000 employees. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_he_became_successful\"><\/span>How he became successful<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Despite facing stiff competition from larger and better-funded rivals, Li Xiting has managed to stay ahead of the curve by constantly innovating and investing in research and development. He has also focused on expanding Mindray&#8217;s product portfolio to cover a wide range of medical equipment, from patient monitoring systems to diagnostic imaging devices. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Awards_and_recognitions\"><\/span>Awards and recognitions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>His success as an entrepreneur and business leader has not gone unnoticed. He has been recognized by numerous industry bodies and received numerous awards and honors for his contributions to the field of medical equipment. He was named &#8220;Entrepreneur of the Year&#8221; by Ernst &amp; Young in 2010, and &#8220;Industry Leader of the Year&#8221; by China Medical Equipment magazine in 2011. <\/p>\n\n\n\n<p>Despite his immense wealth and success, Li Xiting remains grounded and humble. He is known for his philanthropy and commitment to giving back to society. He has donated millions of dollars to various charitable causes and set up the Mindray Foundation to support medical research and education. <\/p>\n\n\n\n<p>Li Xiting&#8217;s story is an inspiring one, and serves as a testament to the power of hard work, perseverance, and innovation in achieving success. He has shown that with a clear vision and a steadfast commitment to excellence, it is possible to overcome even the greatest obstacles and build a thriving business that can make a real difference in people&#8217;s lives.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Find out how he built China&#8217;s largest medical equipment manufacturer.<\/p>\n","protected":false},"author":3,"featured_media":206,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[111,22],"tags":[55,35,54],"_links":{"self":[{"href":"https:\/\/ceoww.com\/wp-json\/wp\/v2\/posts\/203"}],"collection":[{"href":"https:\/\/ceoww.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ceoww.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ceoww.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/ceoww.com\/wp-json\/wp\/v2\/comments?post=203"}],"version-history":[{"count":0,"href":"https:\/\/ceoww.com\/wp-json\/wp\/v2\/posts\/203\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ceoww.com\/wp-json\/wp\/v2\/media\/206"}],"wp:attachment":[{"href":"https:\/\/ceoww.com\/wp-json\/wp\/v2\/media?parent=203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ceoww.com\/wp-json\/wp\/v2\/categories?post=203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ceoww.com\/wp-json\/wp\/v2\/tags?post=203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}