Portrait of Liu Yonghao & family

Rank #703

Liu Yonghao & family

Net worth $5.9B

Agribusiness · China

Born
Sep 01, 1951
Age
74
Source
Agribusiness
Residence
Chengdu, Sichuan
Citizenship
China
Marital status
Married
Children
2
Education

Net worth over time

Biography

  • Liu Yonghao is the chairman of New Hope Group, which has more than 100,000 employees and over 600 subsidiaries around the world.
  • The group has interests in agribusiness, dairy, fast foods, real estate and chemicals.
  • His daughter Liu Chang replaced him as chairman of the group's animal feed arm New Hope Liuhe, one of China's largest agribusiness firms, in 2013.
  • In the U.S., New Hope owns stakes in Lansing Trade Group, a feed and raw materials trading company, and food processing outfit Ruprecht.
  • With his 3 brothers, Liu founded New Hope Group in 1982, which started out as an animal feed business. The brothers split amicably in the mid-1990s.
  • Liu's New Hope Group is one of the largest suppliers of meat, eggs and dairy products in China.

Financial assets

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