However he lost that position, and as of February 2014 he was the fifteenth richest person in China, with a Netto worth of about $5.9 billion. He was born to a poor peasant family in the Hunan province in 1956. Liang used to work as a top manager at a state arms plant, before getting involved in the construction-equipment industry.
His personal wealth is currently estimated at $5 billion.
"My property, even my life, belongs to the (Chinese Communist) Party", he answered journalists" question about the conflict between the interests of the Party and himself as a businessman.