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Liu Yonghao & family
#675

Liu Yonghao & family

Source of wealth: Agribusiness

Net Worth

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Earnings per second

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The scale of their wealth

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Health

The price of life

Let's compare Liu Yonghao & family's fortune with the healthcare spending of a massive country

Liu Yonghao & family could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 2.7 years.

But even if we compare their fortune with that of a rich country

On the other end, Liu Yonghao & family could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.2 years.

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Education

Buying the future

Let's also compare their fortune with education spending, first with a poor country

Liu Yonghao & family could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.8 years.

And yes, we can also compare it with a rich country

But they couldn't just cover the cost of a poor country; Luxembourg is considered the country with the highest per capita investment in education in the world, and Liu Yonghao & family could pay for it entirely for 2.4 years.

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Research

The monopoly on progress

Coming full circle, we think it's also interesting to add another gigantic country

Liu Yonghao & family could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 10.3 years.

And of course, the country that invests the most per capita worldwide

But even if we compare the total wealth of Liu Yonghao & family with Israel, the country that invests the most per capita in research in the world, they could cover the total cost of the system for 0.2 years.

While billions of people struggle to access basic healthcare, education, and research, a single individual could fund entire national systems for centuries.

Gold

Everyday luxuries

Gold bar

Liu Yonghao & family's fortune is equivalent to 42 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.

Gold rings

A standard gold ring usually weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18 karats.

Based on today's gold price (excluding the jeweler's commission, shipping, or anything else), that ring would be worth $546.86.

Liu Yonghao & family could buy 11,134,424 gold rings. That's a lot of fingers and way too many gifts!!

And if you're struggling to visualize that many rings, it would take 2 trucks to transport them. Although Liu Yonghao & family will almost certainly have enough money left over to pay for the gas.

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Biography

Liu Yonghao is the chairman of New Hope Group, which has more than 100,000 employees and over 600 subsidiaries around the world.

The group has interests in agribusiness, dairy, fast foods, real estate and chemicals.

His daughter Liu Chang replaced him as chairman of the group's animal feed arm New Hope Liuhe, one of China's largest agribusiness firms, in 2013.

In the U.S., New Hope owns stakes in Lansing Trade Group, a feed and raw materials trading company, and food processing outfit Ruprecht.

Financial Assets

Exchange
SHANGHAI
Ticker
600016-CN
Company
China Minsheng Banking
Exchange
SHANGHAI
Ticker
600155-CN
Company
Hebei Baoshuo
Exchange
SHANGHAI
Ticker
600155-CN
Company
Hebei Baoshuo
Exchange
SHENZHEN
Ticker
002946-CN
Company
New Hope Dairy
Exchange
SHENZHEN
Ticker
002946-CN
Company
New Hope Dairy
Exchange
SHENZHEN
Ticker
000876-CN
Company
New Hope Liuhe
Exchange
HONG KONG
Ticker
3658-HK
Company
New Hope Service Holdings Limited
Exchange
SHANGHAI
Ticker
601139-CN
Company
Shenzhen Gas Corporation Ltd
Exchange
SHANGHAI
Ticker
601139-CN
Company
Shenzhen Gas Corporation Ltd
Exchange
SHENZHEN
Ticker
300266-CN
Company
Xingyuan Environment Technology

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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