Portrait of Wei Yin-Chun

Rank #1853

Wei Yin-Chun

Net worth $2.3B

Food, beverages · Taiwan

Born
Mar 08, 1957
Age
69
Source
Food, beverages
Residence
Taipei
Citizenship
Taiwan
Marital status
Married
Children
4
Education

Net worth over time

Biography

  • Wei Yin-Chun and his three brothers founded Tingyi, one of the largest producers of ready-to-drink tea and bottled water in China.
  • Tingyi is also a major supplier of instant noodles in the country.
  • The family also controls the Dicos fried-chicken chain.
  • 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.
  • Yin-Chun was sentenced in 2018 to 15 years in prison for his part in a tainted-cooking-oil scandal.
  • Yin-Chun graduated from a local high school in Changhua County, central Taiwan, and never went to college.

Financial assets

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