BillionaireNet
Liangsong
Yao Liangsong
Rank #1175
CHINAManufacturingFurniture

Yao Liangsong

Net Worth
$3.473B
0% (24h)
Yao Liangsong, born August 1, 1964, is a prominent Chinese entrepreneur and the founder of Oppein Home Group. With an estimated net worth of $4.36 billion as of November 5, 2024, Yao transformed the furniture industry in China. Starting Oppein in 1994, Yao capitalized on the rising demand for modern home furnishings, establishing the company as China's largest cabinetry manufacturer by 2001. Oppein expanded, offering "Whole House Solutions" and opening over 7,400 showrooms in more than 100 countries. The company's success led to an IPO on the Shanghai Stock Exchange in 2017.

The Full Dossier

Early Life

Yao Liangsong was born on August 1, 1964, in Meizhou, Guangdong Province, China.

Rise to Success

Yao's career began with a focus on medical equipment assembly. In 1994, he founded Oppein in Guangzhou, China. Recognizing the growing demand for modern home furnishings, Yao strategically focused on cabinetry. By 2001, Oppein had become China's largest cabinetry manufacturer. The company expanded its product lines to include a comprehensive “Whole House Solution,” including wardrobes, bathroom fixtures, and wooden doors. Oppein established its first overseas office in the USA in 2003. In 2017, Oppein went public on the Shanghai Stock Exchange.

Key Business Strategies

Yao's strategic vision, along with a commitment to quality, drove Oppein's success. He focused on meeting the needs of China's growing middle class. By 2015, Oppein had over 4,200 global showrooms. In 2017, Oppein went public on the Shanghai Stock Exchange, issuing 50 million shares. By 2021, the company was recognized among the Top 500 Most Valuable Chinese Brands.

Philanthropy

Information on Yao Liangsong's specific philanthropy is not readily available in the search results.

Career Timeline

2017

Oppein IPO

Oppein went public on the Shanghai Stock Exchange.

2001

Largest Cabinetry Manufacturer in China

Oppein became the largest cabinetry manufacturer in China.

1994

Founded Oppein Home Group

Established Oppein in Guangzhou, China, marking the beginning of his venture in the furniture industry.

Philanthropic Impact

UnspecifiedUndisclosed

Information not available.

Information on Yao Liangsong's specific philanthropy is not readily available in the search results.

Wealth Trajectory