BillionaireNet
Hanyuan
L
Rank #432
CHINAEnergyAgribusiness, new energy

Liu Hanyuan

Net Worth
$8.032B
-1.38% (24h)
Liu Hanyuan is the chairman of Tongwei Group, a major player in both the aquafeed and new energy sectors. Born in China in 1964, Liu's journey began with a government job before he transitioned into entrepreneurship, founding Tongwei Group in 1992. His vision led to Tongwei's expansion into one of the world's largest aquafeed producers and a leading force in solar energy, producing high-efficiency solar panels. With an estimated net worth of $8.6 billion as of December 2024, Liu's wealth stems from his agribusiness and new energy ventures. His career highlights his business acumen and strategic investments, contributing to China's prominence in aquaculture and renewable energy. Liu's leadership has helped the company achieve massive growth.

The Full Dossier

Early Life

Liu Hanyuan was born in 1964 in Yibin, Sichuan province, China. He grew up in a farming family, witnessing firsthand the challenges faced by agricultural workers. Liu's early exposure to rural hardship would later influence his entrepreneurial path.

Rise to Success

Liu's entrepreneurial journey began in 1992 when he founded Tongwei Group, initially focusing on aquafeed production. Liu saw an opportunity to provide high-quality feed for farmed fish in China's booming aquaculture industry. Through innovation, the company quickly became a leader in the global aquafeed industry. Recognizing the potential of renewable energy, Liu diversified into the solar energy sector in the early 2000s. Under his leadership, Tongwei Group became a major producer of photovoltaic products, specializing in solar cells and modules.

Key Business Strategies

Liu's success is attributed to his ability to identify emerging industries and make strategic investments. He invested heavily in research and development, ensuring that Tongwei Group remained at the forefront of solar technology. Liu's business acumen enabled him to build a diversified empire that could weather market fluctuations. He expanded Tongwei Group's operations across multiple countries and regions, establishing it as a global leader.

Philanthropy

Liu has supported educational initiatives, poverty alleviation projects, and disaster relief efforts across China. Tongwei Group has funded the building of photovoltaic power generation systems and provided financial assistance to students and teachers in Sichuan.

Career Timeline

2023

Leadership Transition

Liu's daughter, Shuqi, became chairman and CEO of Tongwei Co.

2013

Leading Producer of High-Purity Silicon

Tongwei Group became a leading producer of high-purity silicon.

2000s

Diversified into New Energy

Expanded into the solar energy sector, recognizing the shift towards renewable energy.

1992

Founded Tongwei Group

Established Tongwei Group, initially focusing on aquafeed production.

Philanthropic Impact

EducationUndisclosed

Hope Project Award Fund

Provided financial assistance to over 2,000 students and teachers in Sichuan

EnvironmentalUndisclosed

Photovoltaic Power Generation Systems

Funded the building of photovoltaic power generation systems in uninhabited areas in Qinghai and Tibet

EducationUndisclosed

Sichuan Agricultural University

Donated to Sichuan Agricultural University for the construction of lecture halls.

Wealth Trajectory