Age, Biography and Wiki
| Birth Place | Chengdu, China, China |
Net worth: $7.7 Billion (2024)
Liu Yonghao, also known as "Service" in China, is a prominent figure in the business world, and his net worth is estimated to reach an impressive $7.7 billion by 2024. As the founder and chairman of the New Hope Group, one of the largest agribusiness conglomerates in China, Liu has achieved remarkable success throughout his career. With a focus on the agriculture industry, his company spans various sectors, including animal feed, poultry farming, and food processing. Liu's innovative leadership and strategic vision have not only propelled his own wealth but have also significantly contributed to the growth of China's agricultural sector.
Biography/Timeline
Liu Yonghao started his career teaching at a technical school. He and his three brothers quit their jobs in the government in 1982 to invest in breeding quails and chickens to sell to farmers in Sichuan province. They then joined the animal-feed Business, and by 1992, their company Hope Group was very large. They created the Hope Group in 1992, and in 2010 it was the largest animal feed group in China.
In 2011, he told the Financial Times that he was focused on creating agricultural co-operatives to help peasant farmers industrialize their plots, and his company had set up 100 of them, and also set up underwriting companies to help peasant farmers get loans.
In 2012, Fortune chose him as one of their 15 Business people who had changed China.
