Liu Yonghao Net Worth, Age, Family & Biography $6.8 B Real Time Net Worth #248 in the world today

Avan Parvadiya — Sat, 02 Mar 2024 06:00:30 +0000

About Liu Yonghao

In China, Liu Yonghao is an agribusiness entrepreneur. He is the chairman and founder of New Hope, China’s largest producer of animal feed. Additionally, he works in banking. The Hope Group was established in 1992 by Liu and his brothers as they entered the animal feed industry. It was China’s largest animal feed company by 2010.

Liu Yongxing (C), President of East Hope Group hugs his brother, Liu Yonghao (L), Chairman of New Hope Group, wins the award of the 2006 People of Economy, during the 2006 CCTV (China Central Television) Awards ceremony for China Economic Annual Celebrities on January 20, 2007 in Beijing, China.

Liu Yonghao Career

Yonghao was born in 1952. Liu Yonghao began his profession educating at a specialised school. In 1982, he and his three brothers left government employment to invest in breeding chickens and quails for sale to farmers in Sichuan province. In 2011, he owned 7% of the shares in the China Minsheng Bank, which he helped establish.

Liu was chairman of the New Hope Group and vice chairman of China Minsheng Bank in 2011. He was ranked 21 on the Forbes list of the 400 richest Chinese people in 2010 and was estimated to be worth $3 billion.

In the same year, he told the Financial Times that his primary goal was to establish agricultural cooperatives to assist peasant farmers in industrialising their plots. His company had established one hundred of these cooperatives and underwriting firms to assist peasant farmers in obtaining loans.

Liu Yonghao Facts

He told the Financial Times in 2011 that he was concentrating on creating agricultural cooperatives to help peasant farmers in industrialising their plots. His company had established one hundred of these cooperatives and underwriting firms to assist peasant farmers in obtaining loans.

Liu Yonghao (L), chairman of New Hope Group, and Wang Shi, founder of China Vanke Group, attend China Entrepreneur Summit at China World Hotel on December 8, 2019 in Beijing, China.