Liu Yongxing Net Worth

Net Worth: $4.8 Billion
Statistics
  • Source of Wealth:

    Business (East Hope Group)
  • Birth Place:

    Xinjin County, Sichuan Province, China
  • Marital Status:

    Married (Zheng Yanchu)
  • Full Name:

    Liu Yongxing
  • Nationality:

    Chinese
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About Liu Yongxing

Liu Yongxing is the Hope Oriental Corporation Chairman and has a net worth of $4.8 billion. He began his venture by repairing electrical products before he started making cash with his three brothers Chen Yuxin, Liu Yonghao and Liu Yongyan, who were selling quail and feed in the rural of Sichuan province in the early 1980s.

They established their hope group and ever since, turned their company to one of the country’s best private sector success anecdotes at the beginning of the economic transformations during Deng Xiaoping tenure. In the mid-1990s, the four brothers parted and went their own ways.

Since then, the East Hope Group of Liu Yongxing with headquarters in Shanghai has developed into one of the biggest privately owned industrial materials manufacturers in China. The Yongxing’s cooperation is putting at least $1 billion in aluminum as well as power complex in Xinjiang. In addition, it is venturing into commercial real estate in the capital of Sichuan.

Earnings & Financial Data ?
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Earnings 2015

Asset Dec. 2015
Money received for East Hope's Baotou plant 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 that was regarded as innovative by Chinese authorities
$610,000,000

Earnings 2001

Asset Dec. 2001
Estimated value of the assets of the Liu Brothers
$1,150,000,000