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Singapore’s wealthiest man is US$1 billion richer every month as Mindray’s ventilators fly off production line on Covid-19 demand

Singapore’s wealthiest man is US$1 billion richer every month as Mindray’s ventilators fly off production line on Covid-19 demand

The wealth of Li Xiting, Shenzhen Mindray’s co-founder, has risen by 47 per cent this year to around US$13.5 billion, according to Bloomberg data. The company has received an order for about 10,000 ventilators from Italy alone
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