East Hope Group chairman Liu Yongxing has a net worth of $9.9 billion. His company has interests in real estate, agriculture and heavy industry.
Liu Yongxing founded East Hope Group after parting ways with his three brothers. In 1982 siblings launched an agribusiness company known as Hope Group.
East Hope Group produces animal feeds for cattle, sheep, ducks, fish and chicken in China. They also have a fish meal plant in North Korea.
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East Hope Group has interests in Aluminum. They have an aluminum factory in Inner Mongolia. One of the largest aluminum ingots plants worldwide.
Liu Xiangyu sits on East Hope’s board of directors. His brother Liu Yongho is also a billionaire. He is a self-made billionaire who has made his wealth from diversified sources.
In 1995, Hope Group split into three main businesses: West Hope Group, New Hope Group and Continental Hope Group.
Liu retained part of agriculture business.
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