Liu Canglong – Billionaire

• Liu Canglong chairs Sichuan Hongda Group of China, a conglomerate with interests in mining, chemicals, finance and real estate.
• Liu’s Hongda Group donates to AIDS-related charities.

Chinese businessman Liu Canglong has an estimated net worth of $1 billion in 2015 according to Forbes. He is known to be the Chairman of Hongda Group which is currently based in Sichuan Province. The group holds interests in finance, minerals and real estate. Currently, the group hires more than 18,000 employees. His son, Liu Jun, currently serves as the president of Hongda Group. Li Canglong earned his Master’s of Business Administration degree from Arizona State University. Forbes reports that he is married and has three children. It was in 1979 when he launched a phosphate fertilizer plant. In 1992, the company was renamed to “Sichuan Province HTC Joint Chemical Factory”. In June 1999, he was named as the Chairman of the company. Eventually, he became the Secretary of the Party committee and Chairman of the Sichuan Hongda Group.

Source:

1. forbes
2. therichest