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Li Gaiteng & family

Li Gaiteng & family

L. family
-0.14% | - $-3.53M
$2.56 B ₹ 23,327 Cr
Real Time Net Worth #1616 Ranking as of 21 Feb 2026 By Forbes

More on Li Gaiteng & family

Gender

Male

Age

54Y

Country

China

Born On

January, 1972

Deceased

No

Relationship Status

Married

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Consumer Electronics)

Primary Organization

Shanghai Flyco Electrical Appliance

Titles

Founder & Chairman

Sources of Wealth

Appliances

Industry

Manufacturing, Consumer Electronics

About Li Gaiteng & family


L i Gaiteng is the founder and chairman of Shanghai Flyco Electrical Appliance, a leading Chinese brand for personal care electronics. He started his career humbly as a motorcycle repairman before founding Flyco in 1999. The company specializes in electric shavers, hair dryers, and irons, competing directly with international brands like Philips in the Chinese market.

Flyco is known for its strong brand presence and extensive distribution network across China. Li took the company public on the Shanghai Stock Exchange in 2016. His wife, Lin Yu'e, serves as an executive director, and the family retains a controlling interest in the business. Li's success story is a classic example of grassroots entrepreneurship in China's manufacturing sector.

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Quick Reads


Early Life and Background


Li Gaiteng is a Chinese businessman, the founder and chairman of Shanghai Flyco Electrical Appliance, a major maker of personal care appliances such as electric razors and hair dryers.

Li started the business after working as a motorcycle repairman. He is the majority owner of Flyco, and his wife, Lin Yu'e, is an executive director at the company.

  • Core Company: Shanghai Flyco Electrical Appliance (Personal care appliances).
  • Founding: Started the business after working as a motorcycle repairman.
  • Products: Supplies electric razors and hair dryers.

Career Journey of Li Gaiteng & family


Li Gaiteng’s career is a major success story of entrepreneurial transition from repair services to high-volume manufacturing. His structural achievement is building Flyco Electrical Appliance into a dominant domestic brand in the personal care sector, capitalizing on China's rising middle class.

As majority owner and chairman, he guides the company's continuous growth and product diversification, maintaining a strong position in the essential consumer appliance market.

  • Succession: His wife, Lin Yu'e, is an executive director.

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Li Gaiteng & family's Timeline


Early Career:

Worked as a motorcycle repairman.

Ongoing:

Founds and chairs Shanghai Flyco Electrical Appliance.

Ongoing:

Wife Lin Yu'e serves as an executive director.

Major Business Ventures and Investments


Li Gaiteng's wealth is concentrated in his controlling stake and continued leadership of the private consumer appliance giant, Shanghai Flyco Electrical Appliance.

  • Shanghai Flyco Electrical Appliance (Founder & Chairman): Major maker of electric razors and hair dryers.
  • Ownership: Majority owner.
  • Sector Focus: Consumer electronics and personal care appliances.

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Philanthropy and Social Impact


Fashion, Style, and Lifestyle


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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the founder and chairman of Shanghai Flyco Electrical Appliance.
  • He started the business after working as a motorcycle repairman.
  • His company makes electric razors and hair dryers.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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