What is Liang Yunchao's Net Worth?
Liang Yunchao is a Chinese businessman who has a net worth of $1.8 billion. He entered billionaire ranks thanks to the soaring shares of his Guangdong By-Health Biotechnology, a vast supplier of vitamins, herbal extracts and other health supplements. More precisely, Yunchao's wealth surged by $860 million in the past year as the company's shares increased for some 50%.
Speaking of the company's revenue, it soared 42% to $123 million in the first half of 2013. With a growing network of 30,000-plus sales locations across China, By-Health has become a very popular in its field and has U.S. company Amway as its biggest rival. To make a greater impact on its consumers, Yunchao had Basketball star Yao Ming appear in By-Health's ads.
Who's Richer?
