Rank #2158
Sun Mengquan & family
Net worth $1.9B
Edible oil · China
- Born
- Mar 01, 1950
- Age
- 76
- Source
- Edible oil
- Residence
- Yantai, Shandong
- Citizenship
- China
- Marital status
- Children
- 0
- Education
Net worth over time
Biography
- Sun Mengquan chairs Shandong-based cooking oil company Luhua Group.
- Sun began working for the predecessor of Luhua in 1983, when it was a nearly bankrupt metals trading collective with fewer than 10 workers.
- Sun shifted the company's business to processing and exporting peanuts, and, later, into peanut oil.