Billionaire Profile
Luo Liguo & family
Global Rank
#954

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Luo Liguo & family

CEO, Chemicals
CHINA
Real-Time Net Worth
$4.456B
Estimated based on Chemicals stock value as of April 20, 2026
+3.32% (24h)
Age
70
Source
Chemicals
Industry
Manufacturing
Citizenship
CHINA

Biography

Luo Liguo, born in March 1956, is a prominent Chinese billionaire and businessman, recognized for his significant contributions to the chemicals and manufacturing industries. His net worth is estimated at $5.1 billion as of 2024. Luo's career began with humble beginnings, starting in the straw hat business after graduating from university. He later ventured into silicon material production, establishing himself as the chairman of Hoshine Silicon Industry. His strategic investments and leadership have propelled Hoshine to become a leading company in electronics, photovoltaic, and chemical products. Luo's story is one of entrepreneurial spirit, transitioning from small-scale ventures to the pinnacle of industrial success.

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

Wealth Over Time

In-Depth Profile

Early Life

Luo Liguo was born in March 1956, in Cixi, Zhejiang, China. He grew up in a modest environment and began learning straw hat making as a child, setting the stage for his future entrepreneurial path.

Rise to Success

After graduating from university, Luo borrowed funds to start the Cixi Shenyi Handicraft Factory. He then expanded his ventures by founding several companies, including Cixi Tianyi Investment and Hangzhou Jimei Real Estate. Recognizing the potential in silicon materials, he invested in their production in the late 1990s. His strategic decisions led to significant success, and he was listed on the Forbes Billionaires List in 2022.

Key Business Strategies

Luo Liguo's key business strategy involved identifying opportunities in silicon material production and expanding his ventures. He founded Hoshine Silicon Industry, specializing in electronics, photovoltaic, and chemical products, and strategically expanded its operations.

Philanthropy

Details regarding Luo Liguo's specific philanthropic endeavors and associated amounts are not readily available in the search results. Further research is required to provide accurate and detailed information on this aspect.

Career Milestones

1956

Birth

Born in Cixi, Zhejiang, China, initiating his journey.

Early Career

Founded Cixi Shenyi Handicraft Factory

Began his entrepreneurial journey after graduating from university.

1990s

Established Companies

Founded Cixi Tianyi Investment, Hangzhou Jimei Real Estate, and Xinxin Real Estate.

Late 1990s

Invested in Silicon Materials

Began investing in silicon materials production.

2017

Hoshine Silicon Industry Went Public

Hoshine Silicon Industry went public on the Shanghai Stock Exchange.

Philanthropy & Social Impact

N/A

Information Not Available

Undisclosed

Philanthropic information is not readily available.

Business Philosophy & Leadership

Notable Quotes

"Information not available"

Leadership Principles

Information not available

Details regarding Luo's leadership principles are not readily available.

Controversies & Challenges

2023

Family Feud and Allegations

Public dispute with former general manager Fang Hongcheng, involving accusations of withheld incentives and alleged involvement in an environmental case.