Li gained his Bachelor of Laws and EMBA degrees from Peking University. He lives in Hong Kong under the Quality Migrant Admission Scheme.[1]
Li is most famous for winning 6 medals at the 1984 Summer Olympics, including 3 gold medals (in floor exercise, pommel horse, and rings), 2 silver medals, and a bronze medal. In 1982, he won six of the seven medals awarded at the Sixth World Cup Gymnastic Competition, earning him the title "Prince of gymnastics".
Li retired from sporting competition in 1988, and in 1990 he founded the Li-Ning Company Limited, which sells footwear and sporting apparel in China. Li remains chairman of the company's board of directors.
Li was inducted into the International Gymnastics Hall of Fame in 2000, becoming the first Chinese inductee.[2]
At the 2008 Summer Olympics Li Ning ignited the cauldron at the opening ceremony after being hoisted high into the air with cables and miming running around the high portion of the stadium.[3][4][5]