Liu Yongxing
Liu Yongxing

Celebrity Profile

Name: Liu Yongxing
Occupation: Service
Gender: Male
Birth Day: November 7, 1948
Age: 72
Birth Place: Shanghai, China, China

Social Accounts

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Liu Yongxing

Liu Yongxing was born on November 7, 1948 in Shanghai, China, China (72 years old). Liu Yongxing is a Service, . Find out Liu Yongxingnet worth 2020, salary 2020 detail bellow.

Net Worth

Net Worth 2020

$9 Billion

Salary 2020

Not known

With the net worth of $9 Billion, Liu Yongxing is the # 169 richest person on earth all the time follow our database.

Liu Yongxing Net Worth Detail

Net Worth details: Yongxing Liu's family owns East Hope Group which consists of animal feed and industrial materials businesses. Liu is the chairman of East Hope Group and is credited with all his family's shares. In 2013 he was on record saying the group had annual sales of $11.4 billion. The East Hope Group also has interests in energy, aluminum production, and property.

Biography Timeline

1982

In 1982, Liu YongXing and his three brothers, accumulated 1,000 RMB and started a company called the “Hope Group.” The business consisted of raising quail and hatching chickens in the Sichuan Province. They also established the Hope Research Center for animal feeds in 1986.

1995

In 1995, Hope Group was split up into four separate companies among the siblings: West Hope Group (Chen Yuxin), New Hope Group (Liu Yonghai) and Continental Hope Group (Liu Yongyan). Liu Yongxing retained parts of the agricultural business and got involved in the heavy chemical and aluminium industry, which ultimately led to the founding of today’s East Hope Group in 1995, one of the largest aluminium producers worldwide.

1999

In 1999, Liu Yongxing relocated his East Hope HQ to Shanghai, China.

2002

In 2002, Liu Yongxing started his business in the Aluminum industry.

In 2002, Liu Yongxing was rewarded with the “2001 CCTV Top 10 China’s Economic Leaders” award, as well as with the “Sohu 2001 Top 10 Financial Leaders” award.

2015

In 2015, East Hope's Baotou plant received 4.2 billion yuan in funds to incentivize upgrading its environmental protection facilities, while at the same time, a new kiln for solid waste disposal at one of the company's cement factories was regarded as innovative by Chinese authorities, according to East Hope sources.

2016

In August 2016, Chinese news site Sohu published a profile covering Liu Yongxing and his approach to conducting business. Concerning criticism about environmental pollution caused by East Hope factories, the article quotes Liu as saying that “in the heavy chemical industry, environmental issues are a common risk, so I do everything in accordance with the most stringent standards.” Nevertheless, East Hope Group has been penalized multiple times for violating environmental regulations that included fines, forced production cuts and technical upgrades. For example, punishments were handed out in 2014, 2015 and 2016 for exceeding SO2, NOx and dust emission caps of the Group’s plants in Shandong, Xinjiang, Henan and Inner Mongolia.

On 15 December 2016, two people were killed when a red mud reservoir at East Hope’s Sanmenxia plant failed. Four months prior to the accident, amid another red mud spill incident in the province, the local government conducted safety inspections at East Hope facilities and approved their full compliance with the standards. Thus far, there are no reports that the company has faced repercussions for the accident.

🎂 Upcoming Birthday

Currently, Liu Yongxing is 73 years, 7 months and 18 days old. Liu Yongxing will celebrate 74th birthday on a Monday 7th of November 2022. Below we countdown to Liu Yongxing upcoming birthday.

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