Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Business Leaders  >  Business Leaders Biography

Business Leaders

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
HomeAll newsMost read newsBusiness Leaders Biography
Portrait de Robin Li
Birthday : 10/17/1968
Place of birth : Yangquan - China
Country of residence : China

Biography of Robin Li 
Robin Li was born in the north-eastern of China, from working class family; he is the fourth of five children and the only boy. During high school, he became keen on computer, at the point to take part in programming competitions. In 1987, at final exam, he obtained the best score of his city. Then he entered at Peking University and four years later, he went to Buffalo for his PhD in computer science. In 1994, he interrupted it in order to get his MSc.

In the same year, Li joined the informatics department of IDD, a New Jersey division of Dow Jones & Company. There, he participated in software development for the on-line edition of The Wall Street Journal, and in the same time he worked on the algorithms of search engines. He took advantage from this partnership with the prestigious journal to learn the fundamentals in the economic and financial field. He developed the website Rank Dex, specialized in web pages ranking, and he obtained a patent for this technology, which he will use later for his own search engine, Baidu. In 1997, he left IDD in order to join Silicon Valley and Infoseek, publisher of a search engine.

In 2000, rich of experience, Robin Li came back to his origin and with Eric Xu, doctor in biochemistry he founded his own search engine: Baidu. In August 2004, he became head of the company and one year later he introduced it in the Nasdaq, and in few hours the share price rocketed more than 350%, from $27 to $122. In December 2007, Baidu is the first Chinese company presents on the Nasdaq-100.

His knowledge of Chinese culture and his technology skills allow him to offer a perfect search engine for Chinese market. In 2010, Baidu is quickly became the number one in China, doubling his revenues. Robin Li became billionaire with a fortune of $3.5 billion.

The company counts more than 10 000 employees, focusing on domestic market, in fact nearly 80% of searching in China are done with Baidu. Its database currently covers more than 740 million web pages, 80 million images and 10 million multimedia files.

In 2007, Robin Li was ranked among the 50 people most important in the world, according to CNN, and in 2010 was also considered one of the most influential people in the world by Times. In 2011 he became the richest man in China.
Copyright © 4-traders.com / Photo © Maxppp

Citations
“Our strategy has proven to be a winning strategy. We will be able to maintain and expand our position.”

“Over the past six years I’ve had many difficulties, but I never lost my passion”

“Being able to speak the language of Silicon Valley to venture capitalists is very important.”


Most Read News 
08/11CARL ICAHN : Cigna Deal Scores Against Icahn -- WSJ
DJ
08/14ELON MUSK : Musk says Silver Lake, Goldman advising on taking Tesla private
RE
08/09ELON MUSK : U.S. SEC examining Musk's tweets on taking Tesla private - WSJ
RE
02:53aELON MUSK : no formal offer, no firm deals with advisers
RE
08/14DAVID EINHORN : Billionaire Investor David Einhorn Hit In Monsanto Ruling
DJ
08/09CARL ICAHN : Glenview backs Cigna-Express Scripts deal after Icahn criticism
RE
08/11ELON MUSK : Tesla CEO Musk accused in lawsuit of defrauding shareholders
RE
08/10ELON MUSK : sources
RE
08/09DANIEL LOEB : filing
RE
08/08ELON MUSK : Tesla call options soar on Musk tweet, short-sellers hit
RE
More news
Advertisement
Latest news about Robin Li 
- No news -
More news


Popular Business Leaders 
Paul Achleitner William Ackman Frank Appel Luc Besson Jeff Bezos Lloyd Blankfein Vincent Bolloré Warren Buffett Vittorio Colao Tim Cook Serge Dassault Michael Dell Oleg Deripaska Patrick Drahi John Edwards Bill Gates Carlos Ghosn David Henry Heinrich Hiesinger Carl Icahn Charles Koch Brian Krzanich Ulrich Lehner Robin Li Daniel Loeb Jack Ma John Malone Sergio Marchionne Laurent Mignon Leslie Moonves Dennis Muilenburg Rupert Murdoch Elon Musk Xavier Niel Indra Nooyi John Paulson Georges Plassat Miuccia Prada Sumner Redstone Wilbur Ross Howard Schultz Masayoshi Son George Soros Martin Sorrell Rupert Stadler Peter Thiel John Williamson Martin Winterkorn Dieter Zetsche Mark Zuckerberg
A-Z Business Leaders