Wei Yin Heng, Taiwanese Billionaire

Wei Yin Heng is one of the four Taiwanese brothers who founded Tingyi, the renowned beverage maker based in Cayman Islands. He has an estimated net worth of $2 billion. The company is now listed on the Hong Kong Stock Exchange.

Tingyi controls more than 55% of the instant noodles sales in China and almost 50% of the ready-to-drink tea business. The company also does good business in bottled water sales and it is estimated that it has almost 25% market share in this segment. 

In February this year Tingyi entered into a deal with Shanghai Disney Resort to become one of the two main drinks suppliers there; the other one being Pepsi. Wei Yin-Heng has also invested heavily in real estate and also controls the Dicos chain of fried chickens. 

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