Looks like Robin Li built a Chinese Google for about $11 million.

A multi-millionaire at 36 and one-half of the brains behind the roaring success of China's self-styled Google, Robin Li now hopes his Web site will join a handful of Chinese dot-coms listed on the Nasdaq. The co-founder of search engine Baidu.com is working feverishly to bring his company to an overseas listing, hopefully on the Nasdaq, riding resurgent investor enthusiasm for Chinese dot-coms on the back of a Web traffic boom. With shares of China's top three Web sites, Sina.com, Sohu.com and NetEase.com, having surged between 220 and 420 percent in 2003, and a bevy of others preparing to debut, the U.S.-educated Li senses the time is right. The company broke into the black in 2003, said Li, who according to company brochures helped design part of the Wall Street Journal's Web site.
"China's Internet population is growing at a very rapid rate and at some point sooner or later it's going to become the largest Internet population in the world," a casually dressed Li told Reuters in an interview in Shanghai. "People, not only in China but also from other countries, realise this means great potential and a huge market." Set up in 1999 in California's Silicon Valley, Beijing-based Baidu is China's most popular search engine, Li said, averaging 30 million text searches a day in Chinese alone — a seventh of Google Inc's 200 million in myriad languages. Li declined to disclose revenue, but said the number was doubling or even tripling every year. About 80 percent of turnover last year came from sponsored links, where a client pays to have its name and Web link appear at the top of a results list when particular words are searched. Baidu's quick rise and relatively low rate of cash burn meant it has not needed more venture capital since 2000, when it raised around $11.2 million in the United States.