Liu Yonghao & family

$6.06 B

Ranked #656 in World

About Liu Yonghao & family

Highlighting the journey of Liu Yonghao, China's eminent agribusiness tycoon and the founder of New Hope Group, this overview celebrates his ascent from a local technical school teacher to one of China’s wealthiest, sitting at 19th place by Forbes in 2019. Launching his business in 1982 with a shift from poultry breeding to dominating the animal feed market, Liu became pivotal in China's agro-industrial sector. His ventures span from co-founding China Minsheng Bank to advancing cooperative farming, significantly impacting China's rural economy and garnering a net worth of $12.1 billion in 2021.

Born

September 01, 1951 in Xinjin District, China

Age

74 years

Source Of Wealth

Agribusiness

Industries

Service

Citizenship

China

Residence

Chengdu

Liu Yonghao, a prominent Chinese businessman in agribusiness, was born into a humble background. Information about his early years and childhood is limited, but it is known that he started his career as a teacher at a technical school.

Liu Yonghao & family: Family

Liu Yonghao comes from a close-knit family. His older brother, Liu Yongxing, has been a significant figure in his life and business endeavors. Together with his three brothers, Liu Yonghao ventured into entrepreneurship in 1982, marking a turning point in his career.

Liu Yonghao & family: Career Highlights

Liu Yonghao's career is marked by several notable achievements. In 1992, he entered the animal feed business and founded the Hope Group, which eventually became the largest animal feed group in China by 2010. His involvement in banking led him to help establish the China Minsheng Bank, and he owned 7% of its shares in 2011. Concurrently, he served as the vice-chairman of China Minsheng Bank and chairman of the New Hope Group.

Liu Yonghao's contributions to agriculture are also noteworthy. He focused on creating agricultural co-operatives to assist peasant farmers in industrializing their plots. He set up 100 agricultural co-operatives and underwriting companies to aid peasant farmers in obtaining loans. His efforts in this area earned him recognition as one of Fortune's 15 business people who had changed China in 2012.

Liu Yonghao & family: Companies

Liu Yonghao is the founder and chairman of New Hope, China's largest animal feed producer. New Hope Liuhe, one of China's largest agribusiness firms, is also under his leadership. Additionally, he has been involved in the banking sector, particularly with the China Minsheng Bank.

Liu Yonghao & family: Major Achievements

Liu Yonghao's major achievements include establishing the Hope Group, which became the largest animal feed group in China. His contributions to agricultural co-operatives and assistance to peasant farmers have also been significant.

Furthermore, he was recognized as one of Fortune's 15 business people who had changed China in 2012.

Liu Yonghao & family: Awards & Achievements

Liu Yonghao's accomplishments have garnered him numerous awards and accolades. He was ranked 21st on the 2010 Forbes list of the 400 Chinese, with an estimated wealth of $3 billion. In 2021, Forbes estimated his net worth to be $12.1 billion, making him one of the wealthiest individuals in China.

Liu Yonghao & family: Personal Life & Legacy

Liu Yonghao leads a relatively private personal life. He is known to have one daughter, Liu Chang, who succeeded him as chairman of New Hope Liuhe in 2013. Liu Yonghao's legacy lies in his entrepreneurial success, particularly in the agribusiness sector, and his contributions to supporting peasant farmers through agricultural co-operatives.

Liu Yonghao & family: Trivia

Liu Yonghao is a member of the Sino-Australia 100-Year Agricultural and Food Safety Partnership (ASA 100), an initiative aimed at strengthening agricultural cooperation between China and Australia.

Wealth History

Timeline

1982

Liu Yonghao and his three brothers quit their government jobs to invest in breeding quails and chickens to sell to farmers in Sichuan province.

1992

Liu Yonghao entered the animal feed business and founded the Hope Group.

2010

Hope Group became the largest animal feed group in China.

2011

Liu Yonghao helped establish the China Minsheng Bank and owned 7% of its shares. He also became the vice-chairman of China Minsheng Bank and chairman of the New Hope Group.

2012

Liu Yonghao was chosen as one of Fortune's 15 business people who had changed China.

2013

Liu Yonghao's daughter, Liu Chang, succeeded him as chairman of New Hope Liuhe, one of China's largest agribusiness firms.

2021

Liu Yonghao's net worth was estimated to be $12.1 billion by Forbes.

Liu Yonghao & family : FAQs

What is Liu Yonghao's current net worth?

Liu Yonghao's current net worth is $6.06 billion.

What is Liu Yonghao's current global rank among billionaires?

Liu Yonghao holds the 656th position globally among billionaires.

What is Liu Yonghao's current ranking within the China?

Liu Yonghao holds the 70th position in China.

What was the change in Liu Yonghao's net worth compared to the previous year?

Liu Yonghao's net worth decreased by 354.53 million dollars compared to the previous year 2025, when his net worth was 6.42 billion dollars.

What is the recent change in Liu Yonghao's net worth?

Liu Yonghao's net worth decreased by 73.11 million dollars recently, a 1.21% decrease, with his net worth standing at 6.06 billion dollars.

What are Liu Yonghao's main sources of wealth?

Liu Yonghao's main source of income comes from Agribusiness.

In which industry does Liu Yonghao primarily operate?

Liu Yonghao is primarily involved in the Service industry.

How old is Liu Yonghao?

Liu Yonghao is 74 years old.

How many children does Liu Yonghao have?

Liu Yonghao has 2 children.

Who is Liu Yonghao and what is his role in China's agribusiness?

Liu Yonghao is a prominent Chinese businessman and the founder as well as chairman of New Hope, which is China's largest animal feed producer. He has played a significant role in the country's agribusiness sector.

How did Liu Yonghao start his business career and what impact did he have on the animal feed industry?

Liu Yonghao started his business career by quitting his government teaching job in 1982 and, along with his brothers, began breeding quails and chickens. He entered the animal feed industry in 1992 by founding the Hope Group, which became China's largest animal feed group by 2010.

In what other industries is Liu Yonghao involved besides agribusiness?

Apart from agribusiness, Liu Yonghao is also involved in banking. He helped establish the China Minsheng Bank, of which he owned 7% of the shares in 2011, and has served as its vice-chairman.

Can you tell us about Liu Yonghao's family and his succession plans for New Hope?

Liu Yonghao's older brother is Liu Yongxing, and he has one daughter named Liu Chang. His daughter succeeded him as the chairman of New Hope Liuhe, one of China's largest agribusiness firms, in 2013.