Liu Yongxing is the chairman of East Hope Group with 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 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.
Read More:
East Hope Group has interests in Aluminium. They have an aluminium factory in Inner Mongolia. One of the largest aluminium 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.
End
