Bloomberg Billionaires Index

View profiles for each of the world’s 500 richest people, see the biggest movers, and compare fortunes or track returns.

# 193 Liu Hanyuan $10.4B

Random fact: Integrates fish farms and solar plants to better use scarce resources.

Overview

Liu is the founder and chairman of Tongwei Group, an animal feed company and the world's largest producer of solar cells. The Ningbo, China-based group makes feed for fish, livestock and poultry, and its energy division produces photovoltaic cells and modules. It had revenue of 63.5 billion yuan ($9.8 billion) in 2021.

As of :
Last change No change
YTD change +$943M ( +10.0%)
Biggest asset 600438 CH Equity
Country / Region China
Age 59
Industry Industrial
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

Liu Hanyuan's net worth of $10.4B can buy ...

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troy ounces of gold
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barrels of crude oil

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of the GDP of the United States
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of the total wealth of the 500 richest people in the world
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of the top 100 U.S. college endowments
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of the top 200 U.S. executives’ total awarded compensation
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of U.S. existing home sales
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times the median U.S. household income

Latest News

Net Worth Summary

Cash
Private asset
Public asset
Misc. liabilities
Confidence rating:

The majority of Liu's fortune is derived from his stake in Tongwei Group, an animal feed and solar cell company.

The Sichuan, China-based group is the world's largest manufacturer of crystalline silicon cells, according to its website.

Liu owns 44% of the company, according to its Nov. 4, 2022 Shanghai stock exchange filing. About one-fifth of his stake is pledged and removed from the calculation. The valuation was updated on Dec. 6, 2022 to reflect a pledge release stated in the filing, and this led to a $1.7 billion increase in the calculation.

A spokesperson for Tongwei Group declined to comment on Liu's fortune.

Biography

Birthdate:
Family: Unknown, No children

Liu Hanyuan was born in Sichuan province in 1964. He later graduated from the Fisheries Vocational School in Sichuan. His first job was working at the Lianghekou Reservoir Fishery.

Liu invented a large metal cage for farming fish and then set up a fish feed factory in his hometown of Yongshou in 1986. By 2009, animal feed production hit 5 million tons, making Liu's company, Tongwei, the largest aquatic feed producer in the world. Tongwei became publicly traded in 2004.

Tongwei began investing in solar energy in 2002, acquiring a stake in a small solar firm. It would become the largest solar cell manufacturer in the world.

Milestones
  • 1986 Builds his first fish factory in Yongshou, China.
  • 1992 Establishes Tongwei Group.
  • 2004 Tongwei Group has its initial public offering.
  • 2009 Opens one of Asia's largest feed manufacturing facilities in Vietnam.