Wei Yin Chun, Taiwanese Billionaire
Wei Yin Chun is one of the four siblings who founded Tingyi, the beverage maker based in Cayman Islands. The company has a huge market share in the ready-to-drink tea business and bottled water. It also occupies around 60% of the instant noodle sales in China.
2013 has been a tough year for Wei Yin-Chun as his company faced charges of violations in food safety law. But things look much better in 2014 as in the month of February, the company forged a deal with Shanghai Disney Resort to become the main drink supplier along with Pepsi.
Yin-Chun is basically responsible for overseeing the business of Wei Chuan Foods which faced the charges last year. The Wei family has also invested extensively in real estate and their most notable investment has been Taipei 101 which is the tallest building in Taiwan. Yin Chun has a net worth of $2 Billion.
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