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In the world today
Leng Youbin

Leng Youbin

L. Youbin
-0.02% | - $-0.56M
$2.94 B ₹ 26,731 Cr
Real Time Net Worth #1397 Ranking as of 21 Feb 2026 By Forbes

More on Leng Youbin

Gender

Male

Age

58Y

Country

China

Born On

January, 1968

Deceased

No

Relationship Status

Married

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Infant Formula)

Primary Organization

Feihe International

Titles

Chairman & CEO

Sources of Wealth

Feihe International

Industry

Food & Beverage, Infant Formula, Dairy

About Leng Youbin


L eng Youbin is a Chinese entrepreneur and the chairman of Feihe International, one of China's largest producers of infant formula. He began his career in the dairy industry in the 1980s and acquired the company, then a state-owned enterprise, in the early 2000s. He successfully transformed Feihe into a premium brand, capitalizing on the growing demand among Chinese parents for high-quality, domestically produced infant formula, a trend that accelerated after a 2008 scandal involving tainted milk from a competitor severely damaged trust in local brands.

Under Leng's leadership, Feihe heavily marketed its products as being "more suitable for Chinese babies," emphasizing its use of fresh milk from its own dairy farms in Heilongjiang province. This strategy resonated with consumers and allowed the company to command premium prices and capture a significant market share from international competitors. After taking the company private from the NYSE, Leng orchestrated a highly successful IPO for Feihe on the Hong Kong Stock Exchange in 2019, which cemented his status as a billionaire and a dominant figure in China's lucrative dairy industry.

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Quick Reads


  • Chairman and CEO of Feihe International, a leading Chinese infant formula producer.
  • Acquired the formerly state-owned company in the early 2000s.
  • Successfully positioned Feihe as a trusted, premium domestic brand.
  • His company's growth was fueled by food safety concerns over competing brands.
  • Took Feihe public on the Hong Kong Stock Exchange in 2019.
  • Feihe operates its own dairy farms to ensure the quality of its milk supply.

Early Life and Background


Leng Youbin is a Chinese businessman, the self-made billionaire Chairman of China Feihe Limited (HKSE: 6186), one of China's largest dairy and infant formula producers. His career is rooted in the essential agri-food and consumer goods sectors.

Leng holds a Master's degree in Business Management. His career began with high-level executive roles in the food and dairy industry. His philosophy centers on scale manufacturing, technological innovation (in infant formula), and vertical integration across the entire dairy supply chain (from feed processing to formula production).

  • China Feihe Limited (Chairman): The core publicly traded asset, one of China's largest dairy and infant formula producers (specializing in high-end, domestic-made products).
  • Dairy Focus: His success is built on scale manufacturing and brand development in the highly competitive Chinese infant formula market.
  • Investment Strategy: His philosophy is rooted in long-term investment in agricultural assets and capitalizing on the massive domestic Chinese consumer demand for quality food.

Career Journey of Leng Youbin


Leng Youbin's strategic leadership transformed China Feihe into a dominant force in the Chinese dairy market. Under his guidance as Chairman, the company executed a massive expansion program, focusing on high-quality, domestic infant formula to challenge foreign brands. The company successfully executed its IPO on the Hong Kong Stock Exchange (HKSE).

His structural contribution is tied to the successful industrialization of China's dairy sector and his commitment to food safety and quality control. His wealth is secured by the colossal, long-term, stable profitability of the global food and consumer staples sector (specifically the high-margin infant formula market).

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Leng Youbin's Timeline


1980s (approx.):

Joins the industrial sector and assumes an executive role (Executive Ascent).

1990s (approx.):

China Feihe focuses on dairy and infant formula (Founding).

2019 (November):

China Feihe executes its successful IPO on the HKSE (Financial Milestone).

Ongoing:

Continues as Chairman, guiding the massive agri-food giant (Executive Oversight).

Major Business Ventures and Investments


Leng Youbin's wealth is concentrated in his founding equity and continued executive leadership of the publicly traded agri-food giant, China Feihe Limited (HKSE: 6186).

  • China Feihe Limited (Chairman): The core publicly traded asset, one of China's largest dairy and infant formula producers (specializing in high-end, domestic-made products).
  • Dairy Focus: His success is built on scale manufacturing and brand development in the highly competitive Chinese infant formula market.
  • Investment Strategy: His philosophy is rooted in long-term investment in agricultural assets and capitalizing on the massive domestic Chinese consumer demand for quality food.

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Philanthropy and Social Impact


Leng Youbin's social impact is structural, stemming from China Feihe's role in providing essential nutritional products (infant formula) to millions of Chinese households. The company contributes significantly to food safety and public health security in China. His personal philanthropy supports various community and educational initiatives.

His structural contribution is tied to the successful industrialization and scale of the Chinese dairy and agri-food sector.

Fashion, Style, and Lifestyle


Leng Youbin maintains the professional, pragmatic style of a Chinese industrial executive. His attire is consistently formal and high-quality, favoring tailored business suits. His aesthetic reflects serious authority and stability, typical of a leader in the specialized food production sector.

Residing in Harbin, China, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to industrial scale, quality control, and the long-term, stable growth of the dairy and agri-food supply chain.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the Chairman of China Feihe Limited, one of China's largest dairy and infant formula producers.
  • His company successfully executed its IPO on the HKSE.
  • China Feihe specializes in high-end, domestic infant formula.
  • He holds a Master's degree in Business Management.
  • The company's structural focus is on vertical integration across the dairy supply chain.
  • His wealth is tied to the successful industrialization of the Chinese infant formula market.
  • His philosophy emphasizes quality and brand development in the food sector.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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