Liang is the vice chairman and co-founder of Fosun International, one of China's largest privately-owned conglomerates in China with interests in pharmaceuticals, property, steel, mining, retail, services and strategic investments. The company has become active as a partner for foreign companies looking to expand in China. Fosun International bought a 7% stake in Club Mediterranee SA last year and is helping to grow its business in the mainland. In January, it signed a tentative agreement with U.S. insurer Prudential to jointly invest up to $600 million. Holds stake in U.S.-listed Focus Media, the largest outdoor media in China. Liang holds a bachelor's degree in genetic engineering from Fudan University and a master's degree in business administration from Cheung Kong Graduate School of Business. Fosun Media is a licensing partner of Forbes Media in China.