Liu Yonghao Net Worth

Liu Yonghao has an estimated net worth of $5.3 billion, according to Forbes Real-Time Billionaires, Liu Yonghao profile (figures as of October 20, 2026). That is down from a peak of $12.3 billion.

Liu Yonghao is a Chinese agribusiness entrepreneur and the founder and chairman of New Hope Group, the biggest animal feed producer in China. He was born in 1952. Before going into business he taught at a technical school and worked in a government job.

Liu built the company with his three brothers, including his older brother Liu Yongxing, who is also a billionaire. The brothers later split the business amicably in the mid-1990s and went their own ways. Liu has one daughter, Liu Chang, who succeeded him as chairman of the group's animal feed arm, New Hope Liuhe, in 2013.

He has also been a voice for farmers. He told the Financial Times about his work creating agricultural co-operatives to help small farmers industrialize their plots, and Fortune named him in 2012 as one of 15 business people who had changed China.

How Liu Yonghao made his money

In 1982 Liu and his brothers quit their jobs to breed quails and chickens to sell to farmers in Sichuan province. That small venture became New Hope Group, which grew into an animal feed business and then a giant. By 2010 it was the largest animal feed group in China. Today it has around 100,000 employees and over 600 subsidiaries around the world.

The group now has interests in agribusiness, dairy, fast foods, real estate and chemicals, and it is one of the largest suppliers of meat, eggs and dairy products in China. In the United States it owns stakes in Lansing Trade Group and food processor Ruprecht. Liu also helped set up China Minsheng Bank and became its largest shareholder in 1999.

The story of New Hope mirrors the rise of private business in China. Four brothers who left government jobs to raise birds built one of the country's largest food companies over the following decades, and the family remains among China's best known entrepreneurs.

How Forbes has valued Liu Yonghao

Forbes valued Liu at $5.7 billion in 2019 before a big jump to $12.3 billion in 2020. He held near that level at $12.1 billion in 2021, then fell to $9.1 billion in 2022, $7.7 billion in 2023 and $5.1 billion in 2024.

His estimate has since recovered somewhat, to $5.9 billion in 2025 and $6.4 billion on the 2026 World's Billionaires List. As of October 20, 2026, the Forbes real-time billionaires tracker showed $5.3 billion. His fortune tends to follow China's farm and meat markets.