Liu Ming Chung
REAL TIME NET WORTH — as of 5/8/17
$1.41 B
Liu Ming Chung is the CEO of Nine Dragons Paper, one of Asia’s largest paper producers. He led a successful push by the company to increase its production. More than 90% of the company’s sales come from its paper packaging business. Liu leads the business with his wife, Cheung Yan, who is also a billionaire. Nine Dragons started out as a supplier of box packaging for manufacturers in China’s southern export hub but has benefited from growth from consumer demand in China.
AT LEAST $2 BILLION | 56 YEARS OLD | TAIWAN
Primary Position: Co-founder, Nine Dragons Paper Holdings
Taiwan native; received his Bachelor’s degree in Dental Surgery from San Amaro University in Brazil. Co-founded America Chung Nam, America’s largest recovered paper exporter in the U.S. in 1990, together with his wife, Yin Zhang. In 1995, Liu expanded the business into the Chinese market, co-founded Nine Dragons Paper Holdings in Hong Kong. Company made its Initial Public Offering in March 2006. Liu’s paper manufacturing empire now spans North America, Asia and Europe. Liu serves as CEO.
Source:
1. forbes
2. wealthx