Li Wa

Li Wa spent the first 5 years of his career, back in the mid 1980s, working for the Communist Party's Youth League.He got into the real estate business in 1992, and his Excellence Group has developed both commercial and residential buildings in 14 Chinese cities.Li's brother Li Xiaoping is a vice president at Excellence Group. Li Wa owns 95% of Cayman Islands-registered Excellence Real Estate Group. Li was taken away by Chinese authorities as part of an unspecified investigation on Jan. 19, 2019.