RedCarpetLife
653
In the world today
Liu Yonghao & family

Liu Yonghao & family

L. family
0% | + $-0.03M
$6.27 B ₹ 57,003 Cr
Real Time Net Worth #653 Ranking as of 21 Feb 2026 By Forbes

More on Liu Yonghao & family

Gender

Male

Age

74Y

Country

China

Born On

September, 1951

Deceased

No

Relationship Status

Married

Children

2

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Agribusiness)

Primary Organization

New Hope Group

Titles

Founder & Chairman

Sources of Wealth

New Hope Group

Industry

Agribusiness, Food & Beverage, Finance, Real Estate, Chemicals

About Liu Yonghao & family


L iu Yonghao is one of China's most respected first-generation entrepreneurs and the chairman of the New Hope Group. His story began in the early 1980s, during the dawn of China's economic reforms, when he and his three brothers resigned from their state jobs. They pooled a small amount of capital, equivalent to about $120, and started a business raising quails and chickens in their home province of Sichuan. This venture evolved into the Hope Group, which they grew into one of China's largest producers of animal feed.

In the mid-1990s, the brothers amicably divided the business assets. Liu Yonghao went on to establish and lead the New Hope Group, which he transformed into a vast agribusiness conglomerate. Today, New Hope's interests span the entire food production chain, from animal feed and livestock breeding to meat processing, dairy products, and food distribution. He has also successfully diversified the group into other sectors, including real estate, chemicals, and finance, with a particular focus on banking. After decades at the helm, he has handed over the chairmanship of the group's main listed company, New Hope Liuhe, to his daughter, Liu Chang, though he remains the ultimate strategic leader of the family empire.

Advertisement

Quick Reads


  • Chairman of the New Hope Group, a massive agribusiness conglomerate.
  • Co-founded the original Hope Group with his three brothers in the early 1980s.
  • Grew his business from raising chickens to one of China's largest animal feed producers.
  • Has diversified into real estate, chemicals, and finance.
  • His daughter, Liu Chang, now chairs the main publicly listed arm of the business.

Early Life and Background


Liu Yonghao is a Chinese businessman, the self-made billionaire Founder and Chairman of New Hope Group, one of China's largest agri-business conglomerates (spanning feed production, food processing, real estate, and finance). Born in Xinjin County, Sichuan, in 1951, his career is rooted in education and entrepreneurial audacity.

Liu initially worked as a village teacher and administrator before pivoting to business. In 1982, he and his three brothers sold their bicycles and watches for 1,000 yuan (about $150) to start a quail and chicken breeding farm—the highly humble genesis of the New Hope Group. His philosophy centers on scale, vertical integration, and social responsibility (alleviating poverty).

  • New Hope Group (Founder & Chairman): The core private asset, a massive conglomerate spanning animal feed production (New Hope Liuhe), food processing, real estate, and finance (one of China's largest private companies).
  • Agribusiness Pioneer: His success is built on scale manufacturing and dominating the domestic market for animal feed (a crucial industry for China's food security).
  • Philanthropy: He is a major donor to poverty alleviation and educational initiatives through the New Hope Foundation.
  • Early Venture: He started his business with 1,000 yuan (about $150) from selling bicycles and watches with his brothers.

Career Journey of Liu Yonghao & family


Liu Yonghao's strategic genius was his commitment to vertical integration in agribusiness. He transformed his small farm into New Hope Group, expanding aggressively into animal feed production (which became the core asset). His structural contribution is immense: pioneering the industrialization and professionalization of the Chinese agricultural sector, ensuring stable food supply for the nation.

The Liu brothers later divided their assets, with Liu Yonghao retaining New Hope Group. He led the company's diversification into real estate and financial services, providing structural stability. His wealth is secured by the colossal, long-term, stable profitability of the global agri-food and industrial sectors.

Advertisement

Liu Yonghao & family's Timeline


1982:

Sells bicycles and watches with his brothers for 1,000 yuan to start a quail/chicken breeding farm (Founding).

1992:

New Hope Group is formally established (Corporate Founding).

2003:

Named 'Businessman of the Year' by Asia Business (Industry Honor).

Ongoing:

New Hope diversifies into finance, real estate, and dairy (Strategic Diversification).

Ongoing:

Continues as Founder and Chairman, guiding the massive agri-food empire (Executive Oversight).

Major Business Ventures and Investments


Liu Yonghao's wealth is concentrated in his founding equity and continued executive leadership of the private industrial giant, New Hope Group, and its publicly traded subsidiary, New Hope Liuhe (SZSE: 000876).

  • New Hope Group (Founder & Chairman): The core private asset, a massive conglomerate spanning animal feed production (New Hope Liuhe), food processing, real estate, and finance.
  • Agribusiness Pioneer: His success is built on scale manufacturing and dominating the domestic market for animal feed (a crucial industry for China's food security).
  • Philanthropy: He is a major donor to poverty alleviation and educational initiatives through the New Hope Foundation.
  • Early Venture: He started his business with 1,000 yuan (about $150) from selling bicycles and watches with his brothers.

Advertisement

Philanthropy and Social Impact


Liu Yonghao's social impact is structural, stemming from New Hope Group's role as a massive employer and foundational provider of essential food commodities (feed, meat) that contributes significantly to China's food security. His personal philanthropy is immense, focusing intensely on poverty alleviation and rural education (donating billions of yuan).

His structural contribution is tied to the successful industrialization and professionalization of the Chinese agricultural sector.

Fashion, Style, and Lifestyle


Liu Yonghao maintains the professional, pragmatic style of an industrial executive. His attire is consistently formal and high-quality, favoring tailored suits. His aesthetic reflects serious authority and stability, typical of a leader in the specialized agribusiness sector.

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

Advertisement

Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He and his brothers started the New Hope Group with 1,000 yuan from selling their bicycles and watches.
  • New Hope Group is one of China's largest agri-business conglomerates (feed production, food processing).
  • He previously worked as a village teacher.
  • He is a major philanthropist focused on poverty alleviation and rural education.
  • His fortune is tied to the successful industrialization of the Chinese agricultural sector.
  • The Liu brothers were named the richest people in China in 1999.
  • His philosophy emphasizes vertical integration and scale manufacturing.

Advertisement

More Profiles


Sidney Kimmel

0% | $0.00M

Zhu Baoguo & family

-0.14% | -$7.61M

You May Like


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

Sponsored Content