RedCarpetLife
Billionaires
Business
Luxury Lifestyle
Lists
World Leaders
Fashion & Style
Tools
Featured Articles
Learn Finance with Arthalogy
Advertise with RedCarpetLife
Contact Us
Careers at RedCarpetLife
Meet Our Authors
About Us
Correction or Feedback
Terms of Use
Privacy Policy
2518
In the world today
Li Jiaquan

Li Jiaquan

L. Jiaquan
-0.14% | - $-2.08M
$1.51 B ₹ 13,720 Cr
Real Time Net Worth #2518 Ranking as of 21 Feb 2026 By Forbes
Check Your Ranking

More on Li Jiaquan

Gender

Male

Age

74Y

Country

China

Born On

January, 1952

Deceased

No

Relationship Status

Unknown

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Chemicals)

Primary Organization

Lomon Group

Titles

Chairman

Sources of Wealth

Chemicals

Industry

Manufacturing, Chemicals

About Li Jiaquan

L i Jiaquan is the chairman of Lomon Group, a major chemical conglomerate based in Sichuan province. He founded the business in 1985, building it into one of Asia's largest producers of titanium dioxide, a white pigment used in paints and plastics. In a landmark deal in 2016, he sold Lomon's titanium dioxide operations to Henan Billions Chemicals (now LB Group) for approximately $1.3 billion.

While he divested a significant portion of his chemical assets, Li remains an influential figure in the industry and retains substantial wealth from the sale and his remaining business interests. He continues to invest in mining and other sectors through Lomon Group.

Advertisement

Quick Reads

Early Life and Background

Li Jiaquan is a Chinese businessman, the founder and former Chairman of Lomon Group, a chemical supplier. He founded the predecessor company of Lomon in Sichuan Province in 1985.

His major wealth-generating event was the sale of Lomon's titanium dioxide business to Shenzhen-listed Henan Billions Chemicals for $1.3 billion in 2016.

  • Core Company: Lomon Group, a chemical supplier.
  • Founding: Founded the predecessor company in Sichuan Province in 1985.
  • Major Event: Sold Lomon's titanium dioxide business for $1.3 billion in 2016.

Career Journey of Li Jiaquan

Li Jiaquan's career is defined by his long-term success in the chemical industry and a highly profitable strategic exit. He built Lomon Group into a major supplier of industrial chemicals.

His structural contribution is tied to scaling the manufacturing of high-volume industrial chemicals. The sale of the titanium dioxide business for $1.3 billion in 2016 secured his immense liquid fortune.

Advertisement

Li Jiaquan's Timeline

1985:

Founded the predecessor company of Lomon in Sichuan Province.

2016:

Sold Lomon's titanium dioxide business for $1.3 billion.

Ongoing:

Continues to manage his investment portfolio.

Major Business Ventures and Investments

Li Jiaquan's wealth is concentrated in the liquid proceeds from the massive sale of his core chemical assets.

  • Lomon Group (Founder): Founded the predecessor company in 1985.
  • Major Sale: Sold the titanium dioxide business for $1.3 billion.
  • Sector Focus: Industrial chemicals and materials.

Advertisement

Philanthropy and Social Impact

Fashion, Style, and Lifestyle

Advertisement

Quotes and Philosophy

No publicly available quotes.

Fun Facts & Trivia

  • He is the founder of Lomon Group, a chemical supplier.
  • He sold Lomon's titanium dioxide business for $1.3 billion in 2016.
  • He founded the predecessor company in Sichuan Province in 1985.

Advertisement

More Profiles

Francesco Gaetano Caltagirone

Francesco Gaetano Caltagirone

#309

+0.21% | +$21.97M

Ramesh Jaisinghani

Ramesh Jaisinghani

#1843

-0.34% | -$7.79M

You May Like

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

Sponsored Content