He currently chairs the New Hope Group which is regarded among the largest agribusiness’ in China. The group focuses on producing eggs, meat and dairy products. Lately, the New Hope Group was reported to possess been negotiating together with the Blackstone Group in relation to the acquisition of Inghams Enterprises, an Italian poultry company, in a cost of $1.5 billion. In addition to New Hope Group, Liu Yonghao additionally obtained his wealth from China Minsheng Banking where he currently serves as the Vice Chairman. This self-made billionaire is married with two kids. In 2012, the self-made billionaire was named by the Chinese government broadcaster CCTV as the Man Of The Year. His younger brother, Liu Yongxing, additionally made it Forbes list of billionaires this year.