Liu Yonghao (劉永好)

 Company: New Hope Group (新希望集團)

Industry: Agribusiness

Position: Chairman

Age: 60

Liu Yonghao is the most famous Chinese private entrepreneur in the 1990s. Originally engaged in livestock breeder business, Liu's New Hope Group now operates agribusiness in China and abroad with more than 400 subsidiaries and over 80000 employees. Over the past two decades, despite his foray into other sectors, Liu remained firm in agribusiness even in time of hardships and took frequent moves to acquire other industry leaders in order to give New Hope Group bigger edge on the international market. His business model of agriculture, enteprises and farmers has successfully turned farming into a more sustainable income for farmers.