Leng Youbin
$3.0B
Born
Jan 01, 1969
Age
57
Source of Wealth
Infant formula
Residence
Beijing, Beijing
Citizenship
China
Marital Status
Children
0
Education
Bachelor of Arts/Science, Northeast Agriculture University; EMBA, Peking University
- Leng Youbin is the chairman and CEO of China Feihe, one of the country's largest suppliers of infant formula.
- Leng, who herded cows as a child, worked at a state-owned dairy farm for about a decade before striking out on his own.
- The mogul acquired stakes in the farm and a dairy plant, and started to sell milk and infant formula under the Feihe brand.
- The company went public in Hong Kong in 2019, and today owns 11 plants and 12 farms with 100,000 cows and goats.
- Leng graduated from Northeast Agricultural University in China's northeast Heilongjiang Province in 1995 through a correspondence course.
- He holds an executive MBA degree from Peking University.
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