... earned:
This session: ...
Per second: ...
← Back to list
Liu Hanyuan
#670

Liu Hanyuan

Source of wealth: Agribusiness, new energy

Net Worth

...

Earnings per second

...

Modules

Biography

Liu Hanyuan is the chairman of China's Tongwei Group, one of the world's largest in two different industries -- aquafeed and new energy.

Liu worked at a government job in the hydropower bureau in Sichuan province before he took the plunge as an entrepreneur in the fish food business.

Liu's daughter Shuqi became chairman and CEO of Tongwei Group's main listed business, Tongwei Co., in 2023.

Financial Assets

Exchange
SHANGHAI
Ticker
600438-CN
Company
Tongwei
Exchange
SHANGHAI
Ticker
600438-CN
Company
Tongwei

The Great Lie of Mega-Fortunes: The Case of Liu Hanyuan

Billionaires are often presented under the romantic myth of the 'self-made person': a narrative designed to justify opulence as the natural reward for hard work, effort, or ingenuity. However, when confronting such extreme volumes of wealth with macroeconomic reality, the meritocracy narrative completely breaks down. No individual can legitimately generate through personal effort a fortune equivalent to millions of times the average working-class salary. Capital at the top does not grow because of exceptional talent; it expands through an implacable dynamic where accumulated money works exponentially faster than people, devouring the wealth generated by productive labor.

The immense fortune of Liu Hanyuan, linked to Energy and 'Agribusiness, new energy', has not been built in a free-market vacuum, but through rent-seeking, the use of exclusive elite influence, the consolidation of monopoly positions, or inherited wealth. Far from taking real private risks, billionaire empires structurally depend on state support through direct subsidies, infrastructure use, exploitation of R&D, public contracts, and offshore tax engineering. While this wealth is equivalent to the physical weight of 44 tons of pure gold, the rest of the planet suffers from an artificial scarcity of basic resources. The fact that this wealth is enough to fully fund the public health system of DR Congo, a country with more than 105800000 million inhabitants for 2.8 years, proves that unlimited accumulation is not an entrepreneurial achievement, but the hijacking of democratic sovereignty.

Share

𝕏 Share on X 💬 Send via WhatsApp ✈️ Send via Telegram f Share on Facebook