Name
Wei Ing-Chou
Wei Ing-Chou
Tianjin, China
Taiwan
food, beverages, Self Made
$1,500,000,000
1605
#1605 Billionaires 2019
Wei Ing-Chou and his three younger brothers, Ying-Chiao, Yin-Chun and Yin-Heng, started Tingyi in 1991.Tingyi is now one of the largest suppliers of ready-to-drink tea and bottled water in China and supplies half of the country's instant-noodle market.As of 2019, Ing-Chou is no longer a director of Tingyi (Cayman Islands) Holding, but he remains a senior consultant to the company.His eldest son, Wei Hong-Ming, born in 1978, is now the chairman. His third son, Wei Hong-Chen, born in 1982, is an executive director.The family's private company, Ting Hsin, sold its 37.17% stake in Taipei 101, Taiwan's tallest building, to Itochu for $665 million in July 2018.
Ing-Chou's second son, Wei Hong-Fan, started his own bicycle business in 2011. The senior Wei graduated from a local middle school in Changhua County, central Taiwan, and never went to high school or college.The family also controls the Dicos fried-chicken chain.
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