Liu Yongxing net worth
Liu Yongxing’s net worth: Liu Yongxing is a Chinese businessman with a net worth of 9 billion US dollars. Liu Yongxing is the chairman of Hope East Company. In the early 1980s, he started by repairing electrical products, and then started making money with three brothers (Liu Yongyan, Chen Yuxin, Liu Yonghao) who sold quail and feed in rural Sichuan, thus establishing their Hope Group. Since then, they have turned their company into one of China’s best private sector success stories when economic reforms under Deng Xiaoping began. In the mid-1990s, the four brothers went their separate ways. Since then, East Hope Group, where Liu Yongxing is located, is headquartered in Shanghai and has grown into one of the largest private industrial material manufacturers in China. Yongxing’s company is investing more than $1 billion in an aluminum and power complex in Xinjiang, and it is also investing in commercial real estate in the capital of Sichuan.
Net Worth Details: The Liu Yongxing family owns Eastern Hope Group, which consists of animal feed and industrial materials businesses. Mr. Liu is the chairman of Eastern Hope Group, and he owns the shares owned by the family. In 2013, he publicly stated that the group had annual sales of $11.4 billion. Eastern Hope Group is also interested in energy, aluminium production and real estate.
