Luo Liguo, born in March 1956 in Cixi, Zhejiang, is a prominent Chinese billionaire and businessman. He is the chairman of Hoshino Silicon Industry, a company specializing in electronics, photovoltaic, and chemical products.
Liguo’s journey to success began humbly. As a child, he learned the art of making straw hats. After completing his university education, he boldly borrowed 20,000 yuan to establish the Cixi Shenyi Handicraft Factory, focusing on the straw hat business. Throughout the 1990s, he expanded his entrepreneurial ventures by founding Cixi Tianyi Investment, Hangzhou Jimei Real Estate, Xinxin Real Estate, and other companies.
In the late 1990s, recognizing the potential of silicon materials production, Lou Liguo ventured into investments in Xinjiang, Shihezi, Heihe, and other regions.
Luo Liguo’s business acumen and strategic investments have led to significant success. In 2022, he was listed on the Forbes Billionaires List with an estimated wealth of $17 billion, securing the 100th position among the world’s wealthiest individuals.
His journey from mastering the craft of straw hat-making to becoming a billionaire entrepreneur exemplifies perseverance, innovation, and a keen understanding of market opportunities. As a leader in the industry, Liguo continues to drive growth and innovation in various sectors, contributing to China’s economic development and beyond.
