Luo Jye & Family

Some quick facts about Taiwanese Billionaire Luo Jye:

  • Luo Jye has an estimated net worth of $4.8 Billion
  • One of the richest people in Taiwan
  • Chairman of Cheng Shin Rubber
  • Cheng Shin is world's largest producer of rubber tires

Luo Jye is a Taiwanese businessman who has an estimated net worth of $4.8 billion. He is the Chairman of Cheng Shin Rubber, the largest producer of rubber tires in the world.  

There has been a rapid growth in the market for rubber tires in China as a result of which Luo’s net worth rose considerably. The company has a number of brands but Maxxis is the most well-known in China. 

Initially Cheng Shin Rubber used to supply tires to the bicycle export industries in Taiwan. But with growth in business, the company started to manufacture tires for passenger cars, trucks & motorcycles. 

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References:

Forbes (The ultimate site for billionaire rankings)

CelebrityNetWorth (The ultimate site for net worth of celebrities)

TheRichest (Great site for things about money and rich people)

Wikipedia (Greatest site on earth for lots of information)