Billionaire Profile
Liu Xiaodong
Global Rank
#2479

Image: Christopher Adams | CC BY 2.0 | via Wikimedia Commons

Liu Xiaodong

CEO, Flavorings
CHINA
Real-Time Net Worth
$1.652B
Estimated based on Flavorings stock value as of April 20, 2026
+0.36% (24h)
Age
58
Source
Flavorings
Industry
Food & Beverage
Citizenship
CHINA

Biography

Liu Xiaodong is a prominent Chinese businessman and artist. He is the chairman of Shanghai Bairun Investment Holding Group, a major player in China's alcopop beverage market. With a net worth of $1.7 billion as of March 2024, Liu's wealth stems from his successful business ventures. His career began in the flavoring and tobacco industries before co-founding Shanghai Bairun in 1997. A strategic acquisition in 2015 of Shanghai Bacchus, maker of the popular RIO brand, significantly boosted Bairun's market share. Beyond business, Liu is also a respected contemporary artist.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life and Education

Liu Xiaodong was born in 1963 in Jincheng, Liaoning province, China. At the age of 17, he moved to Beijing to pursue art, earning a Bachelor of Fine Arts in 1988 and a Master of Fine Arts in 1995 from the Central Academy of Fine Arts (CAFA). He furthered his studies at the Complutense University of Madrid.

Rise to Success in Business

Liu Xiaodong's entrepreneurial journey began in the flavoring and tobacco industries. In 1997, he co-founded the predecessor to Shanghai Bairun, focusing on fragrances and flavorings. A pivotal moment came in 2015 when Bairun acquired Shanghai Bacchus, the maker of the popular RIO alcopop brand. This strategic move allowed RIO to capture a dominant share of China's pre-mixed cocktail market, greatly increasing his wealth. As Chairman, he continues to guide the company's growth within the competitive beverage sector.

Artistic Career and Achievements

Alongside his business success, Liu Xiaodong is a celebrated contemporary artist, known for his figurative paintings that often address social issues. His works have been exhibited internationally, and he is a professor at CAFA, inspiring the next generation of artists. Liu's artworks capture everyday life, depicting contemporary issues across the world.

Key Business Strategies

Liu's key business strategy was a successful acquisition of a popular alcopop brand. His foresight in recognizing the potential of the pre-mixed cocktail market in China drove Bairun's growth and secured his position as a successful entrepreneur.

Philanthropy

I am sorry, but I am unable to find the exact amounts of his philanthropic activities based on the current search results.

Career Milestones

1997

Cofounded Shanghai Bairun

Co-founded the predecessor to Shanghai Bairun, which later became a major alcopop beverage company.

2015

Acquired Shanghai Bacchus

Bairun acquired Shanghai Bacchus, the maker of the RIO alcopop brand, which boosted Bairun's business.