Billionaire Profile
Liu Ming Chung
Global Rank
#2653

Image: CEphoto, Uwe Aranas | CC BY-SA 3.0 | via Wikimedia Commons

Liu Ming Chung

CEO, Paper
BRAZIL
Real-Time Net Worth
$1.49B
Estimated based on Paper stock value as of May 3, 2026
0% (24h)
Age
63
Source
Paper
Industry
Manufacturing
Citizenship
BRAZIL

Biography

Liu Ming Chung, a Brazilian citizen born in Taiwan, is the Deputy Chairman and CEO of Nine Dragons Paper (Holdings) Limited, one of Asia's largest paper producers. With a current net worth of $1.6 billion as of March 25, 2026, his wealth stems from his involvement in the paper manufacturing industry. At 63 years old, Liu graduated with a degree in dental surgery from the University of Santo Amaro in Brazil in 1983. He co-founded America Chung Nam, a paper recycling business, with his wife, Yan Cheung, in the U.S. in 1990, and subsequently, they established Nine Dragons Paper in 1995. Under his leadership, Nine Dragons Paper has grown to have a significant manufacturing presence in Asia, and North America.

Fact Checked
Verified by Editorial Team
Live Data
Updated 5/3/2026

Wealth Over Time

In-Depth Profile

Early Life

Liu Ming Chung was born in Taiwan and later moved to São Paulo, Brazil, with his family in the 1970s. He studied dentistry at the University of Santo Amaro in Brazil, earning his degree in 1983. After graduation, he practiced dentistry for six years before deciding to pursue a different career path.

Rise to Success

Liu Ming Chung's entrepreneurial journey began when he met his wife, Yan Cheung, in Hong Kong in 1987. Together, they moved to the United States and founded America Chung Nam in 1990. The company focused on collecting and exporting recovered paper from the U.S. to China. As the Chinese economy boomed, so did America Chung Nam. In 1995, Liu and Cheung expanded their business by establishing Nine Dragons Paper Holdings in Hong Kong. Nine Dragons quickly grew to become a major paper packaging company in Asia. The company went public in March 2006.

Key Business Strategies

Liu Ming Chung's key business strategies include a focus on the growing demand for paper packaging, particularly in China. He has expanded Nine Dragons' operations across North America, Asia, and Europe. Under his leadership, Nine Dragons has invested in advanced manufacturing technologies and expanded its production capacity.

Philanthropy

While specific philanthropy amounts were not found in the search results, Liu Ming Chung's wife, Cheung Yan, has received recognition for contributions to poverty alleviation and the fight against the coronavirus pandemic.

Career Milestones

1983

Graduated

Received a degree in Dental Surgery from the University of Santo Amaro in Brazil.

1990

Co-founded America Chung Nam

Co-founded America Chung Nam, a paper recycling business, with his wife.

1995

Co-founded Nine Dragons Paper

Co-founded Nine Dragons Paper Holdings in Hong Kong.

2006

Nine Dragons IPO

Nine Dragons Paper went public.

2006

CEO and Deputy Chairman of Nine Dragons

Assumed the roles of Deputy Chairman and Chief Executive Officer of Nine Dragons Paper Holdings Limited.

Philanthropy & Social Impact

Unspecified

Not specified

Undisclosed

Philanthropic efforts through wife Cheung Yan's initiatives.