Name
Sun Mengquan
Primary Residence
Yantai, China
Citizenship
China
Source Of Wealth
edible oil, Self Made
Net Worth
$1,000,000,000
Forbes Profile
Forbes 2019 Billionaires List Rank:
2057
Forbes List Rank One: Title
#2057 Billionaires 2019
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Summary
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.
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