Portrait of Lin Ming-hsiung

Rank #1381

Lin Ming-hsiung

Net worth $3.1B

Supermarkets · Taiwan

Born
Jan 01, 1950
Age
76
Source
Supermarkets
Residence
Taipei
Citizenship
Taiwan
Marital status
Married
Children
2
Education

Net worth over time

Biography

  • Lin Ming-hsiung is the chairman of PX Mart, one of Taiwan's largest supermarket chains.
  • He took over PX Mart from the government in 1998 when it had 66 outlets. Today it boasts over 1,200 stores as well as minimarkets that serve Taiwan's remote villages.
  • In 2022, the company completed a $377 million deal to purchase a 96% stake in hypermarket chain RT-Mart's Taiwan business.
  • Lin also controls real estate developer Yuanlih Construction and Hwatai Bank.

Financial assets

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