万: The term "quantity unit" signifies abundance and encompasses the meaning of "all." Being fortunate beyond measure is an auspicious repetition, which is highly beneficial for one's health when used in a name.
利: "Smooth and auspicious, this character embodies great fortune, representing a favorable outcome in all endeavors when used in a name."
Meaning: Wan Li signifies great success, prosperity, and smooth progress in all endeavors.