Liu Yonghao is a Chinese industrialist who is best recognized for the New Hope Group, which is one of the biggest agri-business companies in China. The story of his success is inspiring, and demonstrates how three brothers determined to start a business, sold out their petty belongings to raise capital, and reached new heights of success with their hard work and dedication. Although the brothers split up in 1990s and made their own ways in the industry, his company still continues to be the most widely used animal feed business providers in China.
Yonghao presently serves as the chairman of New Hope Group, and vice-chairman for the China Minsheng Bank. Owing to his modest beginnings, he is often called as the richest chicken farmer of China. At 63, he started earning as a teacher in a technical school in China. In 1982, he, along with his 3 brothers, quit his government job, and they sold out their watches and bicycles to raise a capital of $120.