BillionaireNet
Yunchao
Liang Yunchao
Rank #2254
CHINAFood & BeverageNutritional supplements

Liang Yunchao

Net Worth
$1.669B
+0.67% (24h)
Liang Yunchao is a self-made Chinese billionaire and the chairman of Guangdong By-health Biotechnology, a leading supplier of health supplements. Born in 1969 in Guangdong, China, Liang's journey began in the pharmaceutical and healthcare industry. His career includes positions at state-owned companies and Guangdong Apollo, where he excelled as a 'super salesman.' While pursuing his MBA at Sun Yat-sen University, he formulated his vision for a company, later founding By-health in 2002. With a current net worth of $1.7 billion, Liang has propelled By-health to become one of China's largest in the retail sector. His leadership style involves inviting young leaders to "wildlife training" boot camps. Liang resides in Guangzhou, China, is married, and has two children. He is recognized as the 2271st richest person globally.

The Full Dossier

Early Life and Education

Liang Yunchao was born in 1969 in Guangdong, China. He completed his bachelor's degree at Zhongnan University of Economics and Law and later earned an MBA from Sun Yat-sen University.

Early Career and Business Ventures

After graduating in 1991, Liang started his career at a state-owned company before transitioning to Guangdong Apollo, a healthcare firm. He quickly gained recognition as a successful salesperson in the pharmaceutical and healthcare sector. In 1995, Liang started a business distributing honey products and alcohol drinks, but it did not succeed.

Rise to Success

In 2002, Liang founded Guangdong By-health Biotechnology Co., Ltd. The company began selling dietary supplements, including calcium supplements, protein powder, and essential vitamins. By-health experienced rapid growth due to the increasing demand for health supplements in China. In 2009, GEM in Shenzhen went public, accelerating the company's growth.

Key Business Strategies

Liang has implemented various strategies, including focusing on product integrity and a direct-selling model. He emphasizes meeting clients' needs and guiding them on supplement usage. He also implemented a policy to orient By-health towards foreign suppliers to ensure quality.

Personal Life and Philanthropy

Liang is married and has two children. He is known to keep a balance between his personal and professional life. He leads "wildlife training" boot camps for future leaders to test their stamina. He is also involved in philanthropy, focusing on education accessibility and environmental sustainability.

Career Timeline

2015

Ceded corner office

Liang stepped back from day-to-day operations.

2009

By-health went public

The company's growth accelerated after going public.

2002

Founded By-health

Started Guangdong By-health Biotechnology Co., Ltd., selling dietary supplements.

1991

Joined Guangdong Apollo

Worked as a "super salesman" in healthcare products.

1991

Started working at a state company

Began his career after graduation.

Wealth Trajectory