Liu Yonghao
Chengdu, China
China
agribusiness, Self Made
$9,800,000,000
303
#303 Billionaires 2019
#60 China Rich List 2018
Liu Yonghao is the longtime chairman of New Hope Group, which has nearly 70,000 employees and more than 600 subsidiaries in 30 countries.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 has stakes in Lansing Trade Group, a feed and raw materials trading company, and food processing outfit Ruprecht. New Hope Group also has interests in real estate and chemicals.
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.
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