BillionaireNet
family
Liu Xiucai & family
Rank #2945
UNITED STATESManufacturingChemicals

Liu Xiucai & family

Net Worth
$1.132B
+0.02% (24h)
Liu Xiucai, at 68 years old, chairs Cathay Biotech, a Shanghai-headquartered supplier of industrial chemicals. His career highlights include founding Cathay Biotech, taking the company public in 2020, and leading the development of bio-based materials. With an estimated net worth of $1.1 billion, Liu's wealth stems from the chemicals industry, and he holds American citizenship. Liu's education includes a doctorate from the University of Wisconsin-Milwaukee. He has been married. Forbes ranks him as #2623 on the 2025 Billionaires list.

The Full Dossier

Early Life

Liu Xiucai was born in Chuzhou, Anhui Province in 1957. Information about his early life and education is limited, but he later pursued higher education, earning a Ph.D. in Biochemistry from the University of Wisconsin-Milwaukee.

Rise to Success

Liu Xiucai is the chairman of Cathay Biotech. He founded the company in Zhongguancun in 1997. Cathay Biotech went public at the Shanghai Stock Exchange in 2020. The company focuses on synthetic biology and the development and commercialization of bio-based materials, including a series of bio-based polyamides and their core monomers, bio-based long-chain diacids and bio-based pentanediamine. Liu served as CEO of Unistone Pharmaceutical Co before joining Cathay Biotech in 2019.

Key Business Strategies

Cathay Biotech's success is tied to its focus on synthetic biology and bio-based materials. The company has invested heavily in research and development, resulting in several bio-based first-kind compounds and polymers. Liu also focused on building a strong R&D platform for biological manufacturing and commercializing its technologies. In 2020, Liu led the company to go public on the Shanghai STAR stock market.

Philanthropy

Information on Liu Xiucai's specific philanthropic initiatives and amounts is limited in the search results.

Career Timeline

2020

Cathay Biotech IPO

Led Cathay Biotech to go public on the Shanghai Stock Exchange.

2019

Joined Cathay Biotech

Became Chairman of the Board and Chief Executive Officer.

1997

Founded Cathay Biotech Inc.

Founded Cathay Biotech Inc. in Zhongguancun, focused on bio-based production.

Wealth Trajectory