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Li Ning
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== Post-gymnastics == [[File:Stamp of Azerbaijan 384.jpg|thumb|Li Ning on a 1996 [[Azerbaijan|Azerbaijani]] stamp]] Li retired from sporting competition in 1988, and in 1990 he founded [[Li-Ning Company Limited]], which sells footwear and sporting apparel in China.<ref name=sr>{{cite Sports-Reference |url=https://www.sports-reference.com/olympics/athletes/li/li-ning-1.html |archive-url=https://web.archive.org/web/20200417121704/https://www.sports-reference.com/olympics/athletes/li/li-ning-1.html |url-status=dead |archive-date=2020-04-17 |title=Li Ning}}</ref> Li remains chairman of the company's board of directors. According to [[Hurun Report]]'s China Rich List 2014, he has an estimated fortune of RMB 5 billion, making him the 407th wealthiest person in China.<ref>{{cite web |url=http://www.hurun.net/CN/Entrepreneur.aspx?nid=542 |title=China Rich List 2014 β Li Ning |access-date=10 September 2015 |publisher=Hurun Report |archive-url=https://web.archive.org/web/20160305161528/http://www.hurun.net/CN/Entrepreneur.aspx?nid=542 |archive-date=5 March 2016 |url-status=dead}}</ref> Li was inducted into the [[International Gymnastics Hall of Fame]] in 2000, becoming the first Chinese inductee.<ref>{{cite web |title=LI NING |work=International Gymnastics Hall of Fame |url=http://www.ighof.com/honorees/honorees_ning.html |access-date=May 12, 2007}}</ref> In 2017, a statue was erected in his honor on the shores of Lake Geneva in Montreux.<ref>[https://www.thinksport.org/en/agenda/network/inauguration-of-the-statue-of-li-ning-6010 Inauguration of the statue of LI Ning] </ref> At the [[2008 Summer Olympics]], Li Ning ignited the [[cauldron]] at the [[2008 Summer Olympics opening ceremony|opening ceremony]] after being hoisted high into the air with cables and miming running around the [[Beijing National Stadium|stadium's]] rim.<ref>{{cite news|url=http://news.bbc.co.uk/sport2/hi/olympics/7547074.stm|title= Games begin with spectacular show|access-date=2008-08-08|date=2008-08-08|publisher=BBC.co.uk}}</ref><ref>{{cite news|url=http://www.intlgymnast.com/olympics/536.html|title= Li Flies High at Opening Ceremonies|access-date=2008-08-08|date=2008-08-08|publisher=International Gymnast}}</ref><ref>{{cite news| url=https://www.wsj.com/articles/SB121964720621268641 | work=The Wall Street Journal | title=Li Ning on the Beijing Olympics | first=Mei | last=Fong | date=2008-08-25}}</ref>
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