Wei Ying Chiao, Taiwanese Billionaire

Wei Ying Chiao, the co-founder of Tingyi, has an estimated net worth of $2 billion. Tingyi is a world renowned beverage maker that is based in Cayman Islands. The company was founded by four billionaire brothers and Ying-Chiao was one of them. 

Tingyi achieved great success and today it accounts for nearly 50% of the ready-to-drink tea and bottled water sales in China. The company also enjoys a sort of monopoly in the instant noodles market with a market share of close to 60%.

There has been some great news for the company this year as it has formed a deal with Shanghai Disney Resort to be one of the main drink suppliers at the famous resort. The other company is the world famous PepsiCo. 

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