Portrait of Wei Ing-Chou

Rank #1853

Wei Ing-Chou

Net worth $2.3B

Food, beverages · Taiwan

Born
Jul 01, 1953
Age
72
Source
Food, beverages
Residence
Tianjin, Tianjin
Citizenship
Taiwan
Marital status
Married
Children
3
Education

Net worth over time

Biography

  • Wei Ing-Chou and his three younger brothers, Ying-Chiao, Yin-Chun and Yin-Heng, started Tingyi in 1991.
  • Tingyi is now one of the largest producers of ready-to-drink tea and bottled water in China. It is also a major supplier to the country's instant-noodle market.
  • As of 2019, Ing-Chou is no longer a director of Tingyi (Cayman Islands) Holding, but he remains a senior consultant to the company.
  • His eldest son, Wei Hong-Ming, born in 1978, is now the chairman. His third son, Wei Hong-Chen, born in 1982, is an executive director.
  • The family's private company, Ting Hsin, sold its 37.17% stake in Taipei 101, Taiwan's tallest building, to Itochu for $665 million in 2018.
  • Ing-Chou's second son, Wei Hong-Fan, started his own bicycle business in 2011.
  • The senior Wei graduated from a local middle school in Changhua County, central Taiwan, and never went to high school or college.
  • The family also controls the Dicos fried-chicken chain.

Financial assets

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