Wei Ying-Chiao – Billionaire

ACTUAL TIME TOTAL ASSETS– since 5/12/17
$ 1.3 B.

– Wei as well as his 3 bros– Ing-Chou, Yin-Chun as well as Yin-Heng– established Cayman Islands-based Tingyi.
– Tingyi is currently a large manufacturer of ready-to-drink tea as well as bottled water in China; it additionally provides fifty percent of the nation’s immediate noodle market.
– The family members has a financial investment in Taipei 101, Taiwan’s highest structure, and also the Dicos fried poultry chain.

Wei Ying-Chiao net worth: Wei Ying-Chiao is a Chinese businessman and entrepreneur who has a net worth of $2 billion. Wei Yin-Chiao is one of four brothers who founded the beverage maker Tingyi. Tingyi makes ready to drink tea as well as bottled water and instant noodles. The company formed an alliance with Shanghai Disney Resort in 2014 to become one of its two main drink suppliers. The Wei family is also involved in real estate investing and the fried chicken chain Dicos. The company has had bad publicity due to a food safety scandal in which Wei Yin-Chiao and 16 others were indicted on knowing the company was using animal-grade oil to make expensive cooking oils. He is facing a 30 year term in prison but has denied his involvement. Wei Yin-Chiao is married and lives in Taipei, China.

Source:

1. Forbes
2. celebritynetworth