Rank #339
Lin Muqin & family
Net worth $10.0B
Beverages · China
- Born
- Jan 01, 1964
- Age
- 62
- Source
- Beverages
- Residence
- Shenzhen, Guangdong
- Citizenship
- China
- Marital status
- Married
- Children
- 1
- Education
Net worth over time
Biography
- 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.
Financial assets
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