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. 

Press Like If You Learnt Something New : )

New! Comments

Have your say about what you just read! Leave me a comment in the box below.

"If I have seen further than others, it is by standing upon the shoulders of giants." Isaac Newton

The material in this site is purely for educational purposes only. In creating this side we have sourced info from many sites and would like to give credit to where it is due.We do not intend to infringe any website's copyrighted material and we use the information for educational purposes and use information that are public in nature and hopefully protected by freedom of information laws. Also, when I created this website years ago, I took many pictures from the internet that may infringe your copyright. I will be slowly taking all these down and if the picture that belongs to you or your company is still there, please drop me an email and I will remove the pictures. If you found that any article in this website infringe your rights please let us know and we will take it down. Thanks.


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)