Lin Muqin & family
$14.3B
Born
Jan 01, 1964
Age
62
Source of Wealth
Beverages
Residence
Shenzhen, Guangdong
Citizenship
China
Marital Status
Married
Children
1
Education
- Lin Muqin is the chairman and CEO of Shanghai-listed energy drinks maker Eastroc Beverage.
- The mogul started out as a technician at a state-owned construction firm, and later found a job at a Shenzhen-based beverage company.
- In 1997 he joined Eastroc, then a state-run beverage business, as its vice president. Lin reportedly scraped together more than 4 million yuan ($570,000) to acquire that firm in early 2000s.
- The mogul soon focused on making energy drinks. He managed to build Eastroc into China's largest energy drinks maker by sales volume partly through offering products at cheaper prices.
- Eastroc has diversified into other market segments including coffee and tea-based beverages.
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